But this year\'s record crops and the recent fall in food prices should not create \"a false sense of security\", because they come against the backdrop of unfolding global economic slowdown, the Rome-based FAO said in its bi-annual Food Outlook. \"If the current price volatility and liquidity conditions prevail in 2008-09, plantings and output could be affected to such an extent that a new price surge might take place in 2009-10,\" said Concepcion Calpe, one of the report\'s authors.
Global cereal output to touch record this year, says UN body
by , Business Standard, 09 November, 2008