An Indian seller weighs a measure of onions on a hand-held scale (left) at a local market in south New Delhi on Wednesday. World food commodity prices plunge in August, the Food and Agriculture Organization has said. The price of international food commodities registered their largest monthly drop in seven years in August, the UN food agency said on Thursday, a slide likely to further hurt the struggling farming sector.The Food and Agriculture Organization (FAO) said the prices of almost all commodities measured in its Food Price Index dropped, including milk, vegetable oils, sugar and cereals.”Ample supplies, a slump in …read more
Source: The Jakarta Post