Premarket

And they did. In March, the FAO Food Price Index from the United Nations jumped to its highest level since it was created in 1990, feeding fears that a global food crisis was rapidly taking shape. Yet in the months to follow, wheat prices — along with the price of other agricultural products — dropped. The FAO Food Price Index has declined for three consecutive months. Is the threat of famine, protests and distress from higher food prices behind us? […]