date:Jun 06, 2014
Improved production and supply outlook for most commodities stifled increases in international prices for most commodities in the FAO Food Price Index for May.
The index averaged 207.8 points in May, down 2.5 points, or 1.2 percent, from April, the Food and Agriculture Organization of the United Nations reported. The index was down nearly 7 points, or 3.2 percent from a year ago. The Food Price Index is based on the prices of a basket of internationally-traded food commodities.
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