Food prices to rise 2%-3% in 2011
Farmweek - November 5, 2010

Length 1:48

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Prices for corn, soybeans, wheat and cotton are all at contract, if not, all-time highs. Amidst surging demand for exports, Class-3 milk futures touched a two-year high last week, while butter traded at its highest levels in five years. With the agricultural bull market showing no signs of a top, the U.S. Department of Agriculture predicted higher food prices next year. The increase, however, won't be as big as the previous year.  Mark Pearson reports.

Source:  Market to Market, Iowa Public Television. 
Story script available at IPTV 


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