The gauge for world food commodity prices declined for the sixth month in a row in September, with sharp drops in the quotations for vegetable oils more than offsetting higher cereal prices, according to a new report released today by the Food and Agriculture Organization of the United Nations (FAO). The FAO Food Price Index …
Read moreThe FAO Food Price Index averaged 154.2 points in June 2022, down 2.3 percent from May. The Index, which tracks monthly changes in the international prices of a basket of commonly-traded food commodities, remained, however, 23.1 percent higher than in June 2021. The drop in June reflected declines in the international prices of …
Read moreFAO Food Price Index posts significant leap in March War drives large increases in international prices for wheat, maize and vegetable oils World food commodity prices made a significant leap in March to reach their highest levels ever, as war in the Black Sea region spread shocks th…
Read moreThe FAO Dairy Price Index averaged 145.2 points in March, up 3.7 points (2.6 percent) from February, marking the seventh consecutive monthly increase and lifting the index 27.7 points (23.6 percent) above its value a year ago. The upward trend of dairy product prices persisted, mainly supported by the tightening of global ma…
Read moreThe FAO Dairy Price Index averaged 141.1 points in February, up 8.5 points (6.4 percent) from January, marking the sixth successive monthly increase and placing the index 28.0 points (24.8 percent) above its value in the corresponding month last year. In February, international quotations for all dairy products represented in…
Read moreWorld food prices went up in February, reaching an all-time high, led by vegetable oils and dairy products, the Food and Agriculture Organization of the United Nations (FAO) reported today. The FAO Food Price Index averaged 140.7 points in February, up 3.9 percent from January, 20.7 percent above its level a year earlier, and 3…
Read moreThe gauge for world food prices went up in January, largely catalysed by supply-side constraints for vegetable oils, the Food and Agriculture Organization of the United Nations (FAO) reported today. The FAO Food Price Index averaged 135.7 points in January, 1.1 percent higher than in December. The Index tracks monthly change…
Read moreThe 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 v...