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Global food price index stable despite veg oil surge

07/05/24 10:56 AM By Philip Brasher
KEYWORDS biofuel demand corn production in South America FAO Food Price Index food inflation Russia's invasion of Ukraine surging butter prices vegetable oils

The UN Food and Agriculture Organization’s broad measure of global food commodity prices was unchanged in June, although vegetable oil prices rose 3.1%, driven in part by strong biofuel demand.


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Philip Brasher
Editor in Chief

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