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    101 East -World rice prices at a record high-31 July08 Part1

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    Al Jazeera English

    by Al Jazeera English

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    The recent global food shortage has led many analysts to declare that the era of cheap food is over. The emergence of affluent consumers in India and China has resulted in food demand outstripping supply, while the rise in fuel prices has meant an increase in the cost of food production.