FAO Food Price Index Down Seven per cent in 2012
date:Jan 14, 2013
e lowest value since August 2010. The Index averaged 306 over 2012, down 17.1 per cent from the previous year. Expectations of a third consecutive increase in global production and large export availabilities in the 2012/13 marketing season, notably in Brazil, kept international prices down for much of the second half of 2012.
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