World Food Prices Dip as Sugar and Dairy Offset New High for Meat

Global food commodity prices dipped in September as declines in sugar and dairy offset a new peak for meat prices. Vegetable oil prices fell by 0.7% as lower palm and soybean oil quotations offset increases for sunflower and rapeseed oil. Beef prices reached a new peak, supported by strong demand in the U.S. amid limited domestic supply. Read more here.