date:Aug 12, 2013
m June and as much as 33 points (or nearly 13 percent) below July last year. The sharp decline mostly reflected falling maize prices as favourable weather boosted hopes of a significant production increase in several leading maize producing countries. Wheat prices also fell but the strong pace of exports limited the decline. Rice price changes varied according to origins, with a decrease in Thai prices contrasting with higher Vietnamese quotations.
The FAO Oils/Fats Price Index averaged 191 p