NEWS
Thu Nov 8, 2012 08:01 AM CST

(Dow Jones) -- World food prices fell a tad in October as a result of falling international prices for cereals and oils/fats, which helped to offset increases in dairy and sugar prices, the United Nation's food body said Thursday.

But the Food and Agriculture Organization warned prices are not far off levels observed in 2008.

The FAO's food price index, which measures the monthly change in international prices of a basket of food commodities, averaged 213 points in October, falling two points from the prior month's level.

The FAO Food Outlook--a bi-annual global market report--also published Thursday, notes that lower ...

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