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Global food prices fell 1.5 percent in November: UN agency

Global food prices fell 1.5 percent in November to their lowest level since June, with sugar, oils and cereals seeing the sharpest drops, the UN’s Food and Agriculture Organisation said on Thursday. The Rome-based FAO’s Food Price Index averaged 211 points, down from 213 in October. The index had risen…

Global food prices rise sharply in July: UN

Global food prices rose six percent in July after dropping for three months, largely because of a hike in the price of grains and sugar, the UN Food and Agricultural Organization said Thursday. The FAO’s Food Price Index, a monthly measure of changes in a basket of food commodities, was…