World Food Prices Fall, Supply Outlook For Grain Tightens In Some Regions

By Keith Good

Farm Policy News

Reuters News reported today that, “World food prices eased for a second month in a row in July, reflecting declines for cereals, vegetable oils and dairy products, but remained up nearly a third over the past year, the United Nations food agency said on Thursday.

“The Food and Agriculture Organization’s (FAO) food price index, which tracks international prices of the most globally traded food commodities, averaged 123.0 points last month compared with 124.6 in June.

READ MORE

don molino