date:Apr 04, 2014
, with sugar and cereals increasing the most.
The F.A.O. Cereal Price Index was at 205.8 points in March, up 5.2%, or 10 points, from 195.8 points in February. It was the indexs highest value since August 2013, but still ranked well below its value of 234.8 in March 2013.
Last months strength stemmed from a surge in wheat and maize prices reflecting a strong pace in grain imports, growing concerns over the effect of continued dryness in the south-central United States on winter wheat crops, an