According to info, EU released 150,000 tons of sugar quota surplus for sale on the free market. Levy was reduced from 500 Eur/t to 224 Eur/t. Currently price of EU sugar is in level 730-740 Eur/t.

Food prices will stay at high levels in 2013 reports FAO. Low stocks are major risk of sharp price increases, especially if new crops fail or some other negative issue arises. Surge in food prices over the summer of 2012... 

Price of wheat in Russia is 90% higher this year the previous one. This is caused by lower yield this year and significant exports. Last year Russia had 70 Million tons of grains...