date:Nov 12, 2012
nternational prices close to record highs, growth in world trade is also slackening. The FAO Meat Price Index averaged 174 points in October, unchanged from September.
The FAO Dairy Price Index averaged 194 points in October, up 3 per cent (or 6 points) from September. A seasonal tightening of export supplies and low stocks, along with a firm world demand, are responsible. Milk prices could increase further because of lack of substantial growth in output in the main exporting countries. Milk p