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(Reuters, The Associated Press) - PARIS: The rapid growth of the global biofuel industry is likely to keep farm commodity prices high through the next decade as demand rises for grains, oilseeds and sugar, a new report released Wednesday cautioned. The study, by the Organization for Economic Cooperation and Development and the United Nations' Food and Agriculture Organization, said demand for alternate fuels made from corn, palm oil, sugar cane and other agricultural products would have a major impact on the agriculture sector between 2007 to 2016. Link |
