A measure of global food prices decreased in November largely due to a decline in dairy values. The Food and Agriculture Organization of the United Nations monthly Food Price Index averaged 175.8 points in November 2017, down 0.5 percent, from October. However, the index is still four points, or 2.3 percent, higher than the same time last year. November saw …
March FAO Food Price Index Slips
A measure of global food prices retracted during March. The United Nation’s Food and Agriculture Organization’s Food Price Index averaged nearly 171 points in March 2017, down almost five points from February, but still 13 percent above its level a year earlier. The Index consists of the average of five commodity group price indices, weighted with the average export shares …