date:Jul 14, 2014
World grain prices probably will decline in the next year or two as farmers boost production at a faster rate than demand rises, the Organization for Economic Cooperation and Development and the United Nations said.
More crop supplies mean food costs may not be as volatile as in the past seven years, when shortages and trade restrictions pushed prices to records, Angel Gurria, secretary- general at the OECD, said at a press conference in Rome. Demand for agricultural products will remain firm t