Global staple food prices were broadly stable in November, as dairy and sugar prices dropped while vegetable oil and wheat and maize prices rose. The Food Price Index averaged 192.6 during the month, essentially unchanged from October and 6.4 percent below its level a year earlier.
Global staple food prices were broadly stable in October, as sugar and vegetable oil prices rose to offset declines in dairy and meat prices. The Food Price Index dipped to 192.3, technically its seventh consecutive monthly decline although only a marginal 0.2% drop from the revised September figure
Food markets are more stable and prices for most agricultural commodities are sharply lower than they have been in recent years, according to the latest edition of FAO's biannual Food Outlook report and a new update to the Organization's Food Price Index.