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World Food Prices Fall for Fourth Consecutive Year, UN Agency Says

World food prices fell for the fourth year in a row in 2015, amid plentiful supplies and a slowing global economy. The U.N. Food and Agriculture Organization said prices of leading food commodities plunged 19 percent, led by dairy and sugar. “Abundant supplies in the face of a timid world demand and an appreciating dollar are the main reason for the general weakness that dominated food prices in 2015,” said Abdolreza Abbassian, FAO senior economist. Agricultural prices as measured...

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