Food prices drop in December

Workers load sugarcane at an ethanol distillery in Brazil. Photo: FAO/Giuseppe Bizzarri

Food prices dropped in December, according to the monthly report of the UN Food and Agriculture Organization (FAO) released on Thursday.

The FAO Food Price Index is a measure of the monthly change in international prices of a basket of food commodities.

FAO says that large supplies and record stocks, combined with a stronger US dollar and falling prices have contributed to the drop in food prices.

To get details about the Food Price Index in December, Sandra Ferrari spoke with Abdolreza Abbassian a Senior Economist at FAO in Rome.

Duration: 4’59″

Filed under Today's Features.
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