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Bunge: Grain Supplies Tight for 2011

December 29, 2010

Financial Times reports:

The pressures driving grain prices to two-year highs will not subside for at least a year, the head of a leading agricultural trader has said in a warning that deepens short-term worries about food price inflation.

But Alberto Weisser, chief executive of Bunge, rejected a growing view that high food prices are here to stay.

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