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Just In: World Food Prices Slip In September – FAO
The UN food agency said today , World food prices slipped in September 2018, with only sugar has posted a rise.
The Food and Agriculture Organisation’s food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 165.4 points last month.
The figure is against a marginally revised 167.7 in August, which was previously given as 167.6.
FAO’s forecast for world wheat production in 2018 was almost unchanged on 722.4 million tonnes, the smallest since 2013.
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