The United Nations food agency's world price index was largely stable in September, as declines in the indices for vegetable oils, dairy and meat offset a surge in sugar and maize prices. The Food and Agriculture Organization's (FAO) price index, which tracks the most globally traded food commodities, averaged 121.5 points last month against a revised 121.6 for August, the agency said on Friday. FAO's cereal index rose 1.0% from the previous month, with maize prices surging 7%, pushed up by strong demand for Brazilian supplies, slower selling in Argentina and increased barge freight rates in the United States.
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