World food prices rise for fourth month running, cereal outlook up - U.N.
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ROME (Reuters) - World food prices rose for the fourth month running in January, boosted by jumps in quotations for vegetable oils, sugar and wheat, the United Nations food agency said on Thursday.The Food and Agriculture Organization (FAO) food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 182.5 points in last month, up 0.7% on the previous month.FAO also predicted that cereal production would hit a new record in 2019 and..