Global food prices plummet, UK-US free trade agreement in the making
date:May 14, 2020
percent, as a partial recovery in import demand from China was insufficient to balance a slump in imports elsewhere. Notably, international rice prices rose by 7.2 percent from March and the FAO expects global wheat utilization in 2020/21 to be stable, with anticipated increases in food consumption outweighing reductions in feed and industrial uses.

UK-based dairy cooperative First Milk will be holding its member milk price for June 2020 at the current level. This means that the liquid standar
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