Agricultural prices eased 0.4% in May. Food prices as a group were fairly steady, with a 2.7% increase in grains partly offsetting a 1.5% decline in oils & meals. Beverages and raw materials declined 3.3% and 0.9%, respectively. Fertilizer prices plunged 12.5%, led by urea (-23.5%).
The Pink Sheet is a monthly report that monitors commodity price movements.
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