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food prices

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The U.S. department for agriculture has warned that is a high probability of food price increase due to a severe drought in the Midwest. More than 55 percent of the land mass in the U.S. is affected by the drought. Torrid heat and the drought, which is said to be the worst in over 50 years, will likely have an impact on food prices.

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The already peaking food-prices worldwide are likely to jump again this month according to UN’s Food and Agriculture Organization. “We are entering danger territory,” …

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