The approximation crisis level of food prices

10/19/2012 16:16

Food agriculture organization the degree in the month food prices indes say in the report, a the Lan trochanter food prices indes including wheat, sugar, milk and meat etc. increases to in September 216, is higher than 213 of August.The rise mainly reflects milk and meat rate to increase, but wheat rate growth power the head has a slowdown.

  "(Provisions)the rate supports high - order, " food agriculture organizes deluxe economist the Bu Du Lei-gift Sa?Brazil Anne say, "we the anti greatly may wholesale snapbacks see these price of commoditieses righting itself in the short run."

  The Reuter's reports, the food prices indes is low in February, the past year in September peak value 238, but"approach very much" kindled the level of part poor national commissary tumult in 2008.The high price of commodities in February, the past year deemeds post hoc the w. is second, parts of casus of the North Africa situation turbulence in the region.

  As the biggest export country of corn, sbn and wheat, the United States summer of this year suffers quasi for century the biggest dry feeling, corn and sbn rate set an all-time high.Accompany with russia with other Black Sea persisting of commissary export country drought feeling, the external world metus the world face a new commissary crisis.Past several wks, be subjected to drought the feeling give relief from and global economy slowdown brings the demand expectation impact of the slump, the corn rate has syntony.

  Brazil Anne say, the food prices indes slightly Oakley sunglasses discount increases a little bit in August in September, still incapability thereupon ratify food the price re- follow kick power, but he expectation world food price undulation aftertime will turn worse further for few months.

  Lower corn output expectation

  The food agriculture organization lowers this year at the same time in the report of global corn output expectation is cut 0.4% by 2,295,000,000 tns at first and go to 2,286,000,000 tns.

  This headquarter is located in the international body interpretation of Italian capital city Rome and lowers expectation mainly because European mid and southeastern region farm crop output are subjected to persist drought feeling impact.

  The food agriculture organization predicts in June, this year that this year world the corn output will hit 2,419,000,000 tns of making the record and compare to raise 3.2% in 2011.The United States suffers serious drought feeling after, this institute starts down adjusting expectation.

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