Global Food Prices Drop To 4-Year Low, FAO Reports

News outlets report on a drop in global food prices recorded by the U.N. Food and Agriculture Organization.

Bloomberg News: Food Prices Drop to 4-Year Low on Tumbling Milk to Oils
“Food prices fell to the lowest in almost four years in August as costs of milk, cheese, and cooking oils tumbled on signs of rising production. An index of 55 food items dropped 3.6 percent to 196.6 points, the lowest since September 2010, the United Nation’s Rome-based Food & Agriculture Organization said in an online report today…” (Ruitenberg, 9/11).

U.N. News Centre: Food prices drop to four-year low — U.N. agency
“Global food prices continued to dip for the fifth month straight reaching their lowest level since September 2010, the United Nations agriculture agency reported today…” (9/11).