Wednesday, April 16, 2014





UN says food prices drop again


February 20. 2013 1:31AM
Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle


(AP) A U.N. agency plays down fears of a looming world food crisis as international coordination and flagging demand have led to a drop in food prices for the third consecutive month in December.


The food price index of the Rome-based Food and Agriculture Organization edged down 1.1 percent with drops in the international prices of major cereals, oils and fats. For 2012 as a whole it was down 7 percent from 2011.


Earlier this year the agency had warned that bad weather, including severe drought in North America, could trigger a repeat of the rioting and unrest that hit parts of the developing world in 2007-2008.


The agency's announcement Thursday said the results mark a reversal from July when sharply rising prices prompted fears of a new food crisis.


Associated Press


Comments
comments powered by Disqus Commenting Guidelines
Poll
Mortgage Minute


Search for New & Used Cars

Make 
Model
 
Used New All
 

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals



Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds