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Commodities Briefing - Categorized | Agriculture, Price Watch more

UN says global food prices dropping

Posted on 07 December 2012

Global food prices dropped 1.5 percent in November, the United Nations Food and Agricultural Organisation (FAO) said on Thursday. The FAO’s Food Price Index, a monthly measure of changes in a basket of food commodities, moved down three points to 211 points in November, the lowest since June 2012.
“Except for dairy, international prices of all the commodity groups included in the index fell in November, with sugar undergoing the sharpest dip, followed by oils and cereals,” the FAO said in a statement………………………………………..Full Article: Source


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