The U.N. world food price index surged in September, marking the biggest increase in 18 months due to a 10.4% rise in sugar prices amid crop concerns in Brazil and India's ethanol production changes. Higher vegetable oil and cereal prices also contributed, with the FAO slightly adjusting global cereal production forecasts.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.