LONDON (Reuters) – The United Nations meals company's world value index fell in February for the seventh straight month as decrease costs for all main cereals greater than offset rising sugar and meat costs. .
The United Nations Meals and Agriculture Group (FAO) value index, which tracks probably the most traded meals merchandise globally, averaged 117.three factors in February, down from a revised 118.2 factors. from the earlier month, the company mentioned Friday.
February's studying was the bottom since February 2021.
(Reporting by Maytaal Angel; Enhancing by Andrew Cawthorne)