Give Now

Earth Eats: Real Food, Green Living

World Food Prices Fall For Fifth Month

The U.N.'s Food and Agriculture Organization looked at 55 food groups to determine the prices for the month of November.

food sacks

Photo: Stefan Sonntag (Flickr)

Although food prices have continued to fall, economists with the FAO say prices are "bottoming out."

World food prices continued to fall for a fifth straight month in November, however the index is still higher than past years.

The United Nation’s Food and Agriculture Organization studied 55 food items, including grain, sugar, dairy, meat and edible oils.

The index fell one point from October at an average of 215 points.

Sugar declined after good harvests in areas like India and the Russian Federation, while cereals climbed amid a drought in Ukraine affecting grain harvests.

Signs the food prices may be “bottoming out” include a high surplus for many food items.

A tumultuous economic environment across Europe and a strong U.S. dollar have driven down prices, the organization says.

Read More:

Liz Leslie

Liz Leslie is a journalist based in Chicago. When she's not writing about food, she's likely eating food. Or dreaming about food.

View all posts by this author »

What is RSS? RSS makes it possible to subscribe to a website's updates instead of visiting it by delivering new posts to your RSS reader automatically. Choose to receive some or all of the updates from Earth Eats:

Support For Indiana Public Media Comes From

About Earth Eats

Search Earth Eats

Earth Eats on Twitter

Earth Eats on Flickr

Harvest Public Media