Bumper Global Crops Push Down Prices
date:Feb 08, 2014
ing on the index.

The FAO Dairy Price Index averaged 267.7 points in January, a rise of 3.5 points, or 1.3 per cent, over December. Demand for all dairy products remains firm, especially from China, North Africa, the Middle East (SMP and WMP) and the Russian Federation (butter). Seasonal production is shifting from the southern to the northern hemisphere. Therefore, overall, there are only limited supplies available, which have lent support to prices.

The FAO Meat Price Index averaged 185.2 po
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