Voice of America: November Food Prices Down Slightly

Voice of America Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries

November Food Prices Down Slightly Dec 7th 2012, 19:28 Global food commodity prices declined 1.5 percent last month, according to the latest United Nations data.  The U.N. Food and Agriculture Organization's food price index was down 3 points in November to 211 points. "Prices began to stabilize, but they're stabilizing at quite a high level," says FAO economist Abdolreza Abbassian. ​​ He says the index has been stuck at this level - more than twice the average for 2002-2004 - because global supplies of corn, wheat and soybeans are ... Media files: A54614A0-7014-474D-98F5-BA4265285456_cx0_cy0_cw0_w800_r1.jpg?nocache=1 (image/jpeg, 0 MB)

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