Agricultural commodities prices plunged after the US government on Tuesday reported that the country’s farmers had sown a large area with corn and soyabean, confounding market expectations that rainy weather had hurt the critical planting season.
The surge in planting will ease pressure on global food prices and will lower concerns about a return of the 2007-2008 food crisis, which saw record highs for agricultural commodities and riots in developing countries.
for details visit
http://www.ft.com/cms/s/edc0400c-659c-11de-8e34-00144feabdc0,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2Fedc0400c-659c-11de-8e34-00144feabdc0.html&_i_referer=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F11c1043c-662e-11de-a034-00144feabdc0.html%3Fnclick_check%3D1
posted by srikanth....july1
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment