Food prices to stay high in 2013, low stocks pose risk: FAO

ROME (Reuters) – Food prices will stay at high levels in 2013 and low stocks pose the risk of sharp price increases if crops fail, the United Nations' food agency said on Thursday, after its index showed prices fell for the third month running in December. A surge in food prices over the summer of 2012 fuelled by the worst drought in more than half a century in the United States and dry weather in other major exporters raised fears of a new food crisis such as the one seen in 2008. …