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F.A.O. Food Price Index posts sharpest gain since mid-2012
date:Mar 07, 2014
urred the strongest rises since last month were sugar (up 6.2%) and oils (up 4.9%), followed by cereals (up 3.6%) and dairy (up 2.9%).

The F.A.O. Cereal Price Index was at 195.8 points in February, up 3.6%, or 6.8 points, from 189 points in January.

Last months price bounce mainly mirrors concerns over wheat crops in the United States, a brisk demand for coarse grains for both feed and biofuel and strong Japonica rice prices, the F.A.O. said. Yet, cereal prices remain, overall, 18.8% below the

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