Food crisis 'unlikely to repeat'
By Cheng Guangjin and Jin Zhu | China Daily | Updated: 2012-08-24 07:55
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Drought-damaged corn is seen in a field near Nickerson, Nebraska, on Thursday. Dry conditions have worsened in the key farming states of Kansas and Nebraska as the worst US drought in decades continues, the latest US national report said. Nati Harnik / Associated Press |
The world is unlikely to see a repeat of the food crisis of 2007-08 despite the recent rally in grain prices, but potential risks lie ahead if countries fail to coordinate policy and increase long-term agricultural investments.
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