World Food Prices Rise in January
World food prices rose for the fourth consecutive month in January.
The FAO Food Price Index averaged 182.5 points during the month, up 0.7 percent from December and 11.3 percent higher than the same month a year earlier.
Vegetable oils, sugar, and wheat were the chief drivers of the index, which tracks monthly changes in the international prices of commonly-traded food commodities.
The FAO Vegetable Oil Price Index increased 7.0 percent for the month, hitting a three-year high as prices for palm, soy, sunflower and rapeseed oils all...
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