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Global grain reserves tighten even as food prices fall: UN food agency

ROME -- Global food markets face further volatility in 2013 as stocks and supply of key cereals have tightened, the United Nations food agency said on Thursday, even as world food prices fell for a second month in November to their lowest since June.

The Food and Agriculture Organization's (FAO) index measuring prices of foods from grains and oilseeds to meat and dairy averaged 211 points in November, down 3 points from October as sugar, oils and cereals prices declined.

 

 

 

 

 

 

 

 

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