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FAO Food Price Index continued de decline in January; cereal record crop anticipated

Friday, February 6th 2015 - 06:53 UTC
Full article 1 comment

The FAO Food Price Index continued to decline in January, averaging 182.7 points for the month, or 1.9 percent below its December 2014 level. Lower prices reflect strong production expectations as FAO also raised its 2014 forecast for world cereal production to a record high and noted that early indications for crops in 2015 are favorable. Read full article

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  • ChrisR

    I have no idea where these people get this nonsense from.

    Food prices falling? Not in Uruguay, they are going up.

    More to do with the visitors being fleeced by Devoto, El Dorado and Tienda Inglesia.

    The problem is of course the locals have to pay the same prices which never go down once the season has ended.

    Feb 06th, 2015 - 04:47 pm - Link - Report abuse 0

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