The FAO Cereal Price Index averaged 223 points in January, up 2.3% (5 points) from December. International prices of all major cereals with the exception of rice rose, with maize gaining most, 6%.
The FAO Food Price Index rose by nearly two% or four points from December to January – its first increase since July 2011.
Prices of all the commodity groups in the index registered gains last month with oils increasing the most, followed closely by cereals, sugar, dairy products and meat. At...
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