FAO Food Price Index Fell 1.2% in October From September
The index declined as lower cereal, dairy and meat prices offset a sharp rise in sugar and a slight increase in vegetable oils. The cereal price index fell 4.5% from September.
The U.N. Food and Agriculture Organization's food price index fell 1.2% in October from the previous month with declines in cereals, dairy products and meat offsetting a sharp increase in sugar and a slight increase in vegetable oils. The FAO cereal price index fell 4.5% from September, with wheat…