Global food prices edge up as cereals, sugar and edible oils turn costlier: FAO

Rome [Italy], August 7 (ANI): Global food commodity prices edged higher in July as rising cereal, vegetable oil and sugar prices outweighed declines in meat and dairy products, according to the Food and Agriculture Organization (FAO) of the United Nations. The FAO Food Price Index, which tracks monthly changes in international prices of a basket of globally traded food commodities, averaged 131.1 points in July,