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Global food prices rose in May; commodity markets look stable for year ahead – UN

Global food prices rose in May; commodity markets look stable for year ahead – UN

Jun 03, 2016, at 03:17 pm

New York, June 3 (Just Earth News)Global food prices rose 2.1 per cent in May, the fourth straight monthly increase, but stayed about seven per cent below 2015 levels, the United Nations Food and Agricultural Organization (FAO) said today, also noting that food commodity markets are on a stable path for the year ahead, with solid production prospects and abundant stocks pointing to broadly stable prices and supplies.