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Latin America, Caribbean: Increase in Food Prices

Bloggings by Boz writes: “The FAO reports that February 2011 was a yet a new high on food prices. This has led to several warnings from organizations in Latin America and the Caribbean including ECLAC [Economic Commission for Latin America and the Caribbean] and the IICA [Inter-American Institute for Cooperation on Agriculture] that commodity markets are volatile and several countries are very vulnerable to price swings and food insecurity issues.”

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