Keywords: FAO , cereal , price Global food prices dipped in August. Mainly because the prospect of bumper cereal harvests pushed up expectations for larger grain inventories. The FAO Food Price Index declined 1.3 percent from July, averaging 176.6 points in August. The drop was largely driven by a 5.4 percent decline in the FAO Cereal… Continue reading Global cereal output heading for a new record, lifting consumption and stocks

