date:May 09, 2014
Global food prices fell in April, led by a sharp drop in dairy prices due to reduced buying by China and Russia and an extended season in New Zealand that boosted stocks, the United Nations food agency said on Thursday.
The Food and Agriculture Organisation's (FAO) price index, which measures monthly price changes for a basket of cereals, oilseeds, dairy, meat and sugar, averaged 209.3 points in April.
This was a drop of 3.5 points or 1.6 percent from March, when food prices reached their high