Food costs soar most in 3 years in October

‘The effects of El Nino are starting to reach the dinner table, with global food prices rising the most in three years on supply concerns for everything from New Zealand milk to sugar in Brazil and Southeast Asian palm oil.

An index of 73 food prices increased 3.9 percent, the biggest jump since July 2012, to 162 in October, the United Nations Food & Agriculture Organization wrote in a report Thursday.’

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