THE stronger U.S. dollar, declining oil prices and the large supply of grain contributed to a drop in global food prices in December, according to the U.N. Food & Agriculture Organization's (FAO) monthly calculation of the Food Price Index.
FAO's Food Price Index is a trade-weighted index that tracks prices of five major food commodity groups on international markets. It aggregates price subindices of cereals, meat, dairy products, vegetable oi
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