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Milk-Cow Drought Culling Accelerates as Prices Jump
date:Oct 10, 2012
SDA forecasts.

Food prices measured by the UN index may climb to a record 243 by June 2013, from a six-month high of 215.76 in September, Nick Higgins, an analyst at Rabobank in London, said in a report Sept. 19. The UNs gauge of 55 food items, which gained 7.7 percent since June, peaked at 237.92 in February 2011.

Chinese demand for dairy products and lower production in the U.S. and New Zealand probably will keep prices rising into next year, said Hackett. China is the worlds biggest buyer o

12/23 20:42