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Wheat grains

Another Food Crisis Looms Driven By Soaring Grains And Sugar Prices, UN Agency Warns

A global hike in food prices last month due to unfavorable weather conditions, compounded by exporting nations placing restrictions and importing nations stockpiling due to concerns over the grain price rally, could lead to a food crisis along the lines of the one that happened in 2007-08, the U.N.'s food agency warned Thursday.

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