Specialty Nutrients
Food Commodity Prices Rise 8.2% in 2017
Supply ChainFood Commodity Prices Rise 8.2% in 2017Food Commodity Prices Rise 8.2% in 2017
Global food prices declined in December, led by sharp decreases for vegetable oils and dairy products, according to the latest data from the UN’s Food Agriculture Organization (FAO). The Food Price Index averaged 169.8 points in December 2017, down 3.3 percent from November. For 2017, the index was up 8.2 percent from 2016 and representing the highest annual average since 2014 although still 24 percent below the 2011 high of almost 230 points.
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