Food prices declined in December, resuming the longer-term trend after two months of slight increases.
The United Nations’ Food and Agriculture Organization reports that its survey of 73 foods indicates a price decline of 1.6 per cent in November.
Food prices have fallen 18 percent in the past year.
There have been bumper crops and declining demand for some meat and poultry products.
Sugar was the only major commodity in the FAO’s index that increased - by 4.6 percent.
All other sectors saw declines, led by a 3.1 percent for vegetable oils and a 2.9 percent for dairy.
All other sectors saw declines, led by a 3.1 percent drop for vegetable oils and a 2.9 percent slide in dairy.
Grains also fell, despite an FAO prediction that there will be less this year. Global output was pegged at 2.527 billion metric tons, slightly lower than last month’s forecast of 2.53 billion tons.
Prospects have deteriorated for China’s corn crop because of dry weather, according to the report.