Food Inflation Makes Comeback on Rising Food Prices
Apr 5th, 2012 | By Hanne MoonLast week, the United States government released a report that showed less-than-expected grain reserves, with less acreage devoted to soybean and wheat crops. This report only exacerbated concerns over the global grain supplies and saw an uptick in U.S. and European grain futures, particularly soybeans, which saw a 6 percent increase in price from February to March. The first quarter of 2012 saw a 17 percent increase in soybean futures. Corn and soybeans are set to be the dominant force on world grain markets, and rising soybean futures have some economists concerned farmers will trend
continue reading…





