Major food commodity prices down 18% over a year ago, says FAO index

Tuesday, December 8th 2015 - 00:27 UTC

Full article 4 comments

Major food commodity prices fell in November, reversing about half their rise in the previous month, as the cost of internationally-traded staples, except for sugar, fell across the board. The FAO Food Price Index averaged 156.7 points in November, down 1.6 percent from its revised October average, and 18% below its value a year earlier. Read full article

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Brasileiro
The basis of measurement of such products stay in Illinois and Idaho. The production of them in relation to a1990 fell 50%. World production increased by 1600% in that period.

Comparison and selling price are negligible!

Watch a cool video!

https://www.youtube.com/watch?v=DR-cbOTFnVM

Clyde!
Dec 08th, 2015 - 01:14 am - Link - Report abuse 0
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Captain Poppy
There's a 7.62 with the name “imbecile” carved on it. I am confident it is your's.
Dec 08th, 2015 - 02:59 am - Link - Report abuse 0
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golfcronie
@1
I hate to be a “ party pooper ” but the US and most developed countries have more to sell than agricultural products. They do not rely on one commodity.
Dec 08th, 2015 - 08:24 am - Link - Report abuse 0
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Mendoza Canadian
Funny...world food prices down, oil prices down...way down...and in Argentina price of food and gas just keeps going up. Who is screwing who?
Dec 11th, 2015 - 11:32 am - Link - Report abuse 0
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