Global food prices expected to remain low over next decade

Slower growth in demand is keeping world food prices low, The Organisation for Economic Co-operation and Development (OECD) says.

The latest OECD 10-year agricultural outlook predicts global food commodity prices to remain low over the next decade compared to previous peaks.

The report said demand in a number of emerging economies is expected to slow down and biofuel policies are having a diminishing impact on markets.

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