Weather-driven concerns about sugar and palm oil supplies have led to price increase of major food commodities in October, said Food and Agriculture Organization today. The FAO report released today said that its Food Price Index averaged nearly 162 points in October, up 3.9 per cent from September, while still down 16 per cent from a year earlier.
Read more at: http://www.ft.com/cms/s/0/79a42688-83c8-11e5-8095-ed1a37d1e096.html#axzz3r5ft1n1z
FAO Report details at: http://www.fao.org/news/story/en/item/342011/icode/
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