The FAO Dairy Price Index went up 7 percent from August, representing the sharpest monthly increase since January 2011. All the five dairy products monitored saw prices rise, in particular skim milk powder and casein, which both surged by 12 percent. World demand for milk products remains firm which, combined with increasing feed costs, is underpinning world quotations.

Meat prices rose 2.1 percent, while prices cereal prices increased by 1 percent in September, comparing to August. At this level cereal price are 7 percent higher than in the corresponding period last year but still 4 percent below the peak of 274 points registered in April 2008.

Prices of oils and fats dropped 0.4 percent from August. The price of sugar also dropped 4.2 percent last month, being 25% lower than in the same period of year 2011.

www.gastromedia.ro