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7 points, down 1.
2 points or 0.
9% from November, but still higher than December 2020.
It rose 25.
1 points or 23.
1% for the month
.
For the full year of 2021, the FFPI index averaged 125.
7 points, up 27.
6 points or 28.
1% from 2020
.
International rice prices were lower in December due to weak demand and the currencies of major exporters falling against the dollar
.
In 2021, the FAO Cereals Price Index averaged 131.
2 points, up 28 points or 27.
2% year-on-year, the highest level since 2012
.
Both corn and wheat prices in 2021 are higher than in 2020, rising by 44.
1% and 31.
3%, respectively, due to strong demand and tight supply
.
Rice, however, was the only major agricultural commodity to see prices fall , falling 4% in 2021 compared to 2020
.
2 points, up 28 points or 27.
2% year-on-year, the highest level since 2012
.
Both corn and wheat prices in 2021 are higher than in 2020, rising by 44.
1% and 31.
3%, respectively, due to strong demand and tight supply
.
Rice, however, was the only major agricultural commodity to see prices fall , falling 4% in 2021 compared to 2020
.
