date:Aug 09, 2013
The Food and Agriculture Organization of the United Nations reported the FAO Food Price Index fell for the third straight month in July to 205.9 points, dropping 2 percent below its revised value of for June and 3.3 percent lower than July 2012. FAO attributed the declines to lower international prices for grains, soy and palm oil, in addition to lower sugar, meat and dairy prices.
The July FAO Meat Price Index compared to June was mostly unchanged, averaging 173.3 points. Pork and poultry pric