World food price index falls in October -FAO

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World food price index falls in October -FAO
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N.S. flood victim surprised by apartment makeover | SaltWireLONDON - The United Nations food agency's world price index fell in October to its lowest level in more than two years, driven by declines in sugar, cereals, vegetable oils and meat.

"International wheat prices fell by 1.9% in October, reflecting generally higher-than-earlier-anticipated supplies in the United States of America and strong competition among exporters," the FAO said. "World milk powder prices increased the most, principally driven by surges in import demand...especially from Northeast Asia," the FAO said.

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