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Global Food Prices Drop in July
Global Food Prices Drop in July
Global food prices fell by the biggest amount since 2008 due to easing concerns over the supplies of grains and vegetable oils as Ukraine restarted its exports.  The United Nations world food cost index dropped almost 9% in July.  According to Bloomberg, the index is at its lowest level since January before Russia’s attack on Ukraine helped push the cost of food close to record levels.  It’s the f

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