FAO world food index up in July with12%jump in vegetable oil prices

The Food and Agriculture Organization of the United Nations reported that the FAO Food Price Index, which tracks monthly changes in the international prices of globally-traded food commodities, averaged 123.9 points in July, up 1.3 percent from the previous month, leading by a sharp jump in the FAO Vegetable Oil Price Index, which rose 12.1 percent from June, influenced by the termination of t