16 Mar 2011The annual agricultural baseline report by the Food and Agricultural Policy Research Institute (FAPRI) projects food prices will rise not only from higher prices paid for farm products but due to rising energy costs.
In mid-March, Pat Westhoff, co-director of the Columbia, Mo.-based FAPRI, spoke with Delta Farm Press about FAPRI’s expectations for crop prices, costs of production, the livestock and dairy sectors, crop insurance and land prices. Westhoff -- recently returned from meetings with legislators in Washington, D.C. -- spoke just prior to his presentation at the March 14Missouri Agricultural Outlook Conference.
http://deltafarmpress.com/markets/rising-food-prices-reasons-implications?cid=nl_dfpd