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01 Jul 2015
OECD and FAO expect stronger agricultural production, lower prices over coming decade - Rising incomes in developing world spurring demand for food, dietary changes
Strong crop yields, higher productivity and slower growth in global demand should contribute to a gradual decline in real prices for agricultural products over the coming decade, but nonetheless, prices will likely remain at levels above those in the early-2000s, according to the latest Agricultural Outlook report produced by the OECD and FAO.
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