Global food prices are @ a 10-month high, largely because of the rise in meat and diary prices, marking its highest value since June 2018.
UN Food and Agriculture Organization (FAO) Index is a trade-weighted index that tracks international market prices of five major food commodity groups.
The dairy price index increased 5.2% from March, representing the fourth-consecutive-month-rise.
Last month, the meat price index rose by 3.0% from a month earlier, stemming from a sharp jump in international price quotations of pig meat. Also bovine, poultry and ovine meat prices all firmed.
FAO vegetable oil price and sugar price indexes rose by 0.9% and 0.8%, respectively, during the same period.
The UN body said cereal price index fell by 2.8% on a monthly basis in April, led by wheat and maize while rice quotations were broadly stable.
AA. com / ABC Flash Point Food News 2019.