New York Times: World food prices ended the year with a slight decline, and for 2012 as a whole they were 7 percent below prices of 2011, the Food and Agriculture Organization of the United Nations reported on Thursday.
Food prices have been one of the most troubling aspects of the international economic situation for several years now, so this is a spot of good news. But prices, driven by rising demand in developing countries and supply constraints that include climate change, remain well above levels of the...