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The world food and Agriculture Organization warned that high food price situation will continue because demand in the developing countries and the increasing production costs. The organization said that the rise in food prices that has already raised record levels, in part because of bad weather destroyed crops. Factors such as rising biofuel demand will cause the high prices in the future. The FAO also said the speculation has helped push the market to the situation unpredictable. Together the annual FAO predicted beef and pork prices could rise by 20% by 2017, wheat prices rose by 60% and the price of vegetable oils rose 80%
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