The FAO Dairy Price Index averaged 120.0 points in February, up 1.3 points (1.1%) from January, but stood 18.6 points (13.4%) below its value in the corresponding month last year.  In February, world butter prices rose the most, underpinned by higher import demand from Asian buyers and seasonally declining milk production in O…

FAO Food Price fell further in January mainly on lower wheat and maize prices »  The  FAO Food Price Index * (FFPI) stood at 118.0 points in January 2024, down 1.2 points (1.0 percent) from its revised December level, as decreases in the price indices for cereals and meat more than offset an increase in the sugar price index, wh…

The FAO Dairy Price Index averaged 118.9 points in January, virtually unchanged from its revised December value and standing 25.8 points (17.8%) below its value in the corresponding month a year ago.  In January, international price quotations for butter and whole milk powder (WMP) increased, nearly offsetting declines in those…

The FAO Dairy Price Index averaged 116.1 points in December, up 1.9 points (1.6%) from November, marking the third consecutive monthly increase and standing 22.2 points (16.1%) below its corresponding value one year ago.  The December increase in the index was led by higher price quotations for butter, whole milk powder (WMP) a…