date:Oct 08, 2012
nths as dairy and meat producers passed on higher feed prices to users, the FAO said yesterday. An index of 55 food items rose to 215.8 points in September from 212.8 a month earlier and compared with a 131.17 average in the past 20 years. Corn traded in Chicago jumped 50 percent since the middle of June as the worst U.S. drought in half a century killed crops.
Food prices monitored by the UN may climb 15 percent by June, surpassing the record set in February 2011, Nick Higgins, an analyst at R