World food prices fell fractionally in November from the month before, as a sharp rise in sugar and vegetable oil values was largely offset by a fall in dairy, the United Nations food agency said on Thursday.
World food prices rose in February from the month before, as rising prices for staple grains and dairy products more than balanced out lower values for vegetable oils, the United Nations food agency said on Thursday.
Dairy farmers, who are struggling with widespread industry consolidation, low prices and declining demand, are becoming even more fed up with all the non-dairy products in the grocery store labeled as milk.
Japan might increase the amount of agriculture trade conducted with the U.S. through potential trade deal that was announced by President Trump following a meeting with Japanese Prime Minister Shinzo Abe.
Dairy farmers got a couple of wins in the Senate when a bill with the goal of defunding the FDA's enforcement of food labels failed and a piece of legislation with the goal of sparking innovation in processing passed.