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Spanish agchem prices dip in 2011

The price index paid by Spanish farmers for pesticides dipped last year, according to figures from the Ministry of Agriculture. The index was down by 0.6% at €414.85 ($553.29 at the current rate). The index uses 1985 as base year with an index of €100 ($133.37). The figures for 2009 and 2010 were €410.26 ($547.16) and €417.29 ($556.54), respectively.

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