ZURICH (Reuters) – Global food prices should stabilise, Nestle’s (NESN.VX: Quote, Profile, Research) new chief executive said in an interview published on Tuesday.

“Several irrational or exceptional factors are influencing the current market. I’m thinking particularly of droughts, speculative funds which are looking for good returns and the keen interest in biofuels,” Paul Bulcke told Swiss newspaper Le Temps. Continue reading this post