date:Jan 14, 2013
industrial uses.
In December, maize prices fell sharply as large export supplies in South America relieved market pressure. Rice prices also dipped in December on expectation of good harvests, but wheat values changed little as trade remained subdued.
Oils and fats continue to decline
The FAO Oils/Fats Price Index averaged 197 points in December, down 1.9 per cent, or four points, from November, the fourth consecutive monthly fall and the lowest level since September 2010. The main reason wa