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What impact will the 2008 Midwest floods have on food prices?

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What impact will the 2008 Midwest floods have on food prices?

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It won’t have a huge impact as prices were already on the rise worldwide. Rice has more than doubled because of the Rice barons gone wild in Thailand, wheat is through the roof because of drought in Africa, and worldwide soy and corn is skyhigh because of floods, drought, and biofuel usage.

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