Formulation
Global Food Commodity Prices Ease in October, Dairy Prices Fall
FormulationGlobal Food Commodity Prices Ease in October, Dairy Prices FallGlobal Food Commodity Prices Ease in October, Dairy Prices Fall
Global food prices dipped in October, led lower by dairy products, averaging 27 percent below its all-time high reached in early 2011, according to the latest data from the UN’s Food Agriculture Organization (FAO). The Food Price Index averaged 176.4 points for the month of October, down 1.3 percent from September while still up 2.5 percent from a year earlier.
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