FAO Food Price Index falls to seven-month low

Adjusted for inflation, FAO’s Food Price Index (FPI) fell 1.9 percent from July to a seven-month low but was still up 6% YOY. This is a change from prices in July, up 11 percent YOY, and from May and June prices, up 20 percent [...]

Corn market reverses direction Thursday

Dec-21 corn prices tested $5 per bushel last Wednesday before rallying and trading limit up on Thursday. Since May 7, nearby Jul-20 futures fell from $7.32 per bushel down to $6.21 per bushel Wednesday, a one-month low. Prices on Friday closed at $6.56 per [...]

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