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World food prices reach 19-month high in November, UN says
- Global food prices reached their highest level in 19 months in November, increasing to 127.5 points, as reported by the U.N. food agency.
- Vegetable oil prices surged 7.5% from October and are 32% higher than a year earlier due to palm oil output concerns.
- The FAO forecasted a 0.6% decline in global cereal production for 2024, trimming it to 2.841 billion metric tons, still the second-largest output on record.
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42 Articles
Global Food Prices Hit 19-Month High As Upward Momentum Sparks Fears Of Stickiness - Activist Post
By Tyler Durden The global benchmark for food commodity prices rose in November, reaching its highest level since April 2023. The increase was driven primarily... Global Food Prices Hit 19-Month High As Upward Momentum Sparks Fears Of Stickiness
Global Food Prices Hit 19-Month High As Upward Momentum Sparks Fears Of Stickiness - Nemos News Network
The global benchmark for food commodity prices rose in November, reaching its highest level since April 2023. The increase was driven primarily by a surge in vegetable oil prices. What’s particularly concerning is that global food prices have resumed an upward trajectory this year, climbing steadily since the first quarter. The Food and Agriculture Organization […]
·United States
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Coverage Details
Total News Sources42
Leaning Left4Leaning Right9Center3Last UpdatedBias Distribution56% Right
Bias Distribution
- 56% of the sources lean Right
56% Right
L 25%
C 19%
R 56%
Factuality
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