The decline in December was led by drops in the international prices of major cereals and oils/fats. For 2012 as a whole, the Index averaged 212, 7.0 percent less than in 2011, with the sharpest declines registered by
sugar (17.1 percent),
dairy products (14.5 percent) and
oils (10.7 percent).
The 2012 price falls were much more modest for
cereals (2.4 percent) and
meat (1.1 percent).
If you liked this article, please give it a quick review on ycombinator or StumbleUpon. Thanks
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.