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FAO food price index dips, led by sugar and oils

from USAgNet

Global food commodity prices fell in April amid expectations of ongoing robust supplies of many key staples. The United Nations' Food and Agriculture Organization (FAO) Food Price Index averaged 168 points in April, down 1.8 percent from March although remaining 10 percent higher than a year earlier. The Sugar Price Index led the decline, dropping 9.1 percent on the month as large export supplies from Brazil met with continued weak global import demand. more

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