date:Jul 14, 2014
in 2007-2008.
Global food price inflation now appears lower and more stable than it has since the 2008 crisis, the OECD and FAO said.
Crop prices would drop for one or two more years before stabilising above pre-2008 levels, but below recent peaks. Wheat prices are projected to slide about 1 percent a year in real terms for the next 10 years, staying around 13 percent below the previous decade's average.
Strong demand for meat from an expanding middle class in the Middle East and Asia will k