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The New York Times this morning reports that there has been some letup in the rising price of food…but that shoppers shouldn't take false solace in the momentary change of momentum.

"After months of startling increases, the prices of rice, wheat, soybeans and several other foods have come down recently, a development that could ease some of the panic in global food markets," the Times writes. "Prices remain volatile and remarkably high by historical standards, and few agricultural experts expect the days of inexpensive food to return soon. There is no sign of a drop steep enough to make food affordable again for the hundreds of millions of people in poor countries who are struggling to maintain adequate diets … Experts say that shoppers may not see much benefit from the recent price dips. Many retailers and wholesalers around the world had not yet passed the full extent of this spring’s price increases along to consumers."

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