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World food price fall seen pausing in November

08 Dec 2011
MILAN (Reuters) - A four-month fall in world food prices from record highs is expected to slow in November, with little change from the previous month, in data due on Thursday from the United Nations' food agency. Worries the euro zone debt crisis would undercut demand have weighed on the markets but concerns about bad crop weather supported grains. The U.N. Food and Agriculture Organisation (FAO) will update its monthly Food Price Index on Thursday, just as the European Central Bank meets and is widely expected to cut interest rates again to help support the euro zone economy and resolve the region's sovereign debt crisis.

http://www.sharenet.co.za/news/World_food_price_fall_seen_pausing_in_November/6c52eb971b17e2679a540a3a6af5d70a