Sept. 28 (Bloomberg) -- Food prices may remain elevated in coming years as global populations increase and demand rises in emerging markets, said David Dawe, a senior economist at the Food and Agriculture Organization of the United Nations.
“There’s going to be a lot of pressure on food prices in coming years,” Dawe said in New York during a Bloomberg Television interview on Surveillance Midday with Tom Keene. “We expect food prices to be higher as natural resources become scarcer in some areas, and as demand continues to grow.”
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