Funds Cut Bets on Rising Food Costs to 27-Month Low

Funds Cut Bets on Rising Food Costs to 27-Month Low

Trevor Snapp/Bloomberg

A farm worker inspects wheat ears before harvesting on a large-scale wheat farm in Timau, near Nanyuki, Kenya. World food prices tracked by the United Nations retreated for a fifth consecutive month in November, the longest decline in more than two years.