World food prices stable in Jan after three months of falls: FAO

Posted by Reuters: Catherine Hornby on February 7th, 2013
Reuters: World food prices stabilized in January after falling in the previous three months, the United Nations food agency said on Thursday, but it warned that adverse crop weather could cause violent price spikes due to tight grains stocks. Global food prices surged in mid-2012 following the worst U.S. drought in more than half a century and dry weather in other key grains exporters, raising fears of a food crisis similar to the one in 2008. But prices eased in the last three months of 2012 due to......

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