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Sugar, Dairy Drive Global Food Commodity Prices Up in October
Specialty NutrientsSugar, Dairy Drive Global Food Commodity Prices Up in OctoberSugar, Dairy Drive Global Food Commodity Prices Up in October
Global food commodity prices continued their upward trend last month, averaging 172.6 points in October 2016, up 1.2 points (0.7 percent) from September and 9.1 percent above the corresponding month last year, according to the UN’s Food Agriculture Organization (FAO) Food Price Index. In October, sugar and dairy values rose sharply, while the staple grains’ index rose for the first time in three months.
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