The Month of July Saw Food Prices Increase World Wide
Source: MarketsFarm, producer.com, August 07, 2020
Cereal Prices were steady while dairy and sugar increased.
WINNIPEG, Aug. 6 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.
– The world food price index increased in July, according to a report from the United Nations Food and Agriculture Organization on Thursday. The FAO said a basket of cereals, oilseeds, dairy products, meat and sugar averaged 94.2 points in July, up from the revised June figure of 93.1. The report noted that increases in prices for vegetable oils, dairy and sugar outweighed a decrease for meat, while cereal prices were steady.
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