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 111.3 points in August, down 4.6 points (4.0%) from July, marking the eighth consecutive monthly decline, and as much as 32.1 points (22.4 %) below its corresponding value last year.  In August, international prices across all dairy products declined, with whole milk powder prices falling the …

The FAO Dairy Price Index averaged 130.3 points in March, down 1.1 points (0.8%) from February and standing 15.6 points (10.7%) below its level in the corresponding month a year ago. The decline in March was driven by lower price quotations for cheese and milk powders, while butter prices increased.  The decline in the interna…