Thursday, June 7, 2012

World food prices fall in May: UN's FAO

 

Residents buy vegetables from Tunisian vendors at a market in the Libyan mountain town of ZintanROME (Reuters) - World food prices dropped in May for a second month in a row, hit by falls in grains, oilseeds and other commodities, and are likely to fall further in the coming months, the United Nations' Food and Agriculture Organisation (FAO) said on Thursday. The FAO Food Price Index, which measures monthly price changes for a food basket of cereals, oilseeds, dairy, meat and sugar, averaged 204 points in May, down from 213 points in April, the FAO said in its monthly index update. ...

World food prices fall in May: UN's FAO
Thu, 07 Jun 2012 09:19:35 GMT

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