Global food prices decline amid shipping disruptions
pre-market1 source ↓written by the desknot a recommendation
- in November
- 125.1 points
- from October
- 1.2%
Global food prices fell for the third consecutive month, with the FAO Food Price Index averaging 125.1 points in November, down 1.2% from October. This decline is influenced by ongoing Black Sea conflicts, which have raised shipping costs and disrupted crude exports. Traders should monitor these developments as they may impact food commodity markets.
Not investment advice. For informational purposes only.