date:Jan 11, 2013
The Food and Agriculture Organization of the United Nations said the F.A.O. Food Price Index dropped for the third straight month in December, falling 1.1% to 209.3, down from 211.7 in November and compared with 214.4 in October and 215.7 in September.
The decrease reflected drops in the international prices of major cereals and oils and fats.
For 2012, the F.A.O. index averaged 212, which was down 7% from 2011. The sharpest year-over-year declines were registered by sugar (down 17%), dairy pr