In Brief
ROME, Italy (Reuters) — World food prices slipped in September from the month before, with only sugar posting a rise, the United Nations food agency said Oct. 4.
The Food and Agriculture Organization’s (FAO) food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 165.4 points last month, against a marginally revised 167.7 in August.
The August figure was previously given as 167.6.
FAO said global cereals output in 2018 was seen at 2.591 billion tonnes, up three million tonnes on the previous forecast given in September, but still down 63 million tonnes, or 2.4 percent, from 2017’s record production level.
