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flickr/Franco PecchioGIEW has released its Global Food Price Monitor for November, 2011. The report cites a drop in the FAO Food Price Index to an 11-month low in October, based on sharp decreases in the price of all commodities covered by the report except for rice. Rice prices remained firm in October but did not increase despite Thailand's new price procurement policy and flooding in Southeast Asia.
In addition, cereals prices in East Africa also declined, but remain well above 2010 levels.
Download the full report.