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FAO: food prices continue to rise, blamed on cereals and dairy products
On the contrary, sugar, vegetable oils and meat (but not pork and sheep) continue to decline
The world food commodity price index rose for the third consecutive month in May, driven by increases in cereals and dairy products, which offset and exceeded declines in sugar and vegetable oil prices. This was reported by the Food and Agriculture Organization of the United Nations (FAO). The FAO food price index averaged 120.4 points in May, up 0.9 percent from April's revised level, while it remained...
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EFA News - European Food Agency
EFA News - European Food Agency