Global food prices have fallen to their lowest point in four years.
Drops were recorded in September for all categories of food except meat, according to the UN’s Food and Agriculture Association (FAO).
The agency monitors the prices every month of a basket of goods, such as cereal, oilseeds, dairy, sugar and meat.
In September these were 2.6% lower than in August and a full 6% less than what they had cost in September 2012.
Sugar and dairy fell most sharply, followed by cereals and oils.
Meat prices, on the other hand, rose in September to close to an historic high. The FAO believes that the expected increased production of meat will not be enough to ease down the current high prices.
Bumper harvests and abundant stockpiles are key factors helping drive down international cereal prices, according to the report.
Cereal and wheat crops are expected to be strong, possibly at record levels. This has helped restrain prices.
All told, world cereal production in 2014 is anticipated to reach 2.5 billion tonnes. Global cereal stocks should hit their highest level in 15 years by the end of the cropping season in 2015.
Milk production grew steadily in many countries and the production of fish was also shown to be rising, in large part driven by aquaculture.
