Food prices spiked in March, according to the latest FAO Food Price Index, released this week. The Index rose 4.8 points from February and is at its highest level since May 2013. The increase is due largely to poor weather and continuing unrest in the Black Sea region. Cereal and sugar prices gained the most this month.

In the sharpest rise seen since mid-2012, the FAO Food Price Index increased by 5.2 points, or 2.6 percent, in February. The rebound was driven by rising prices across all sectors of the Index, with the exception of meat. Despite this rise, however, the February Index remained 2.1 percent lower than one year ago.

The latest FAO Food Price Index was released on January 9, citing a slight drop from December. At 203.4 points, the Index was 4.4 percent lower than its January 2013 level.

The Cereal Price Index also dropped by 3 points in January, down a full 56 points from its January 2013 level. This decline can be attributed largely to bumper cereal crops and subsequent large export supplies, which helped reduce prices from the highs seen in 2012 and 2013.

The latest FAO Food Price Index, released this week, remained largely unchanged from last month's at 206.7 points. Overall, the Index was slightly lower in 2013 than in 2012; food prices declined 1.6 percent in the past year. However, 2013 levels were still the third highest annual value on record.

The latest FAO Food Price Index was released yesterday, remaining virtually unchanged from October at 206.3 points. The Index is 4.4 percent below its November 2012 level.

The Cereals Index dropped two points in November, and is a full 24 percent lower than it was in November 2012. This year's record cereals crop is the main driver of this reduction in cereals prices, particularly for wheat, maize, and rice.

The FAO Food Price Index, released today, rose slightly in October to 205.8 points. While this is about 1.3 percent higher than in September, it is still 5.3 percent below its October 2012 levels. This small increase was driven mainly by rising sugar prices.

The latest FAO Food Price Index, released Thursday, continued to fall in September, down 2.3 points below August and a full 11 points from the beginning of the year. This marks the fifth consecutive decrease.

The Cereals Price Index dropped 12.9 points from August and as much as 65 points from September 2012. The decline reflects a favorable supply outlook, particularly for maize and rice. The Oils/Fats Price Index remained unchanged from August. The Dairy, Meat, and Sugar Indices all rose slightly in September.

The latest FAO Food Price Index, released last week, fell nearly four points from July and nearly 11 points from August 2012. This was the fourth consecutive month in which global food prices dropped.

The latest FAO Food Price Index was released yesterday, and is down four points from June and seven points from a year ago. This is the third consecutive monthly drop and is due in large part to lower grain, soy, and oil prices.

The FAO has released the latest version of its Food Price Index. The June Index was almost 2 points below May levels, but remained 11 points higher than in June 2012. The slight decline came mainly from sugar and dairy prices.

The Cereals Price Index also declined slightly by 2.5 points in June on expectations of bumper global crops. Tight coarse grain supplies are expected to continue until harvests in the fall, however, and the Index remains 14 points above its June 2012 level.

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