Global Food Prices Fall Most in 2 Years on Dairy Plunge – Bloomberg 06-07-12

Salient to Investors:

Global food prices had biggest drop in over two years in May on slumping dairy product costs due to increased supply.

FAO said falling agricultural-commodity prices and very low freight rates help food-importing countries.

Predictions:

FAO said any bad news on weather could move prices up sharply.

 Read the full article at http://www.bloomberg.com/news/2012-06-07/golbal-food-prices-fell-most-in-2-years-in-may-on-grains.html

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