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World food prices have been falling for 11 months in a row
In February, the average value of the FAO Food Price Index reached 129.8 points, which is 0.6% less than in January. This is the lowest level in 17 months.
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Wheat prices up 56% over a year — FAO
The FAO Cereal Price Index rose 2.2 percent in May compared to the previous month. Wheat led the way, with prices up 5.6% from April and 56.2% from a year earlier.
