Ukraine’s harvest of grains and oilseeds will see further declines this year as Russia’s invasion drags on, an industry official warned on Jan. 26, putting further pressure on global prices for essential foodstuffs. Planting acreage will again shrink and the total harvest is forecast at 53 million tons for 2023 after 65 …

Price indices for vegetable oils, dairy, sugar drive January decline, while cereals, meat were largely stable, says UN body… Global food prices fell for the 10th consecutive month in January, the UN Food and Agriculture Organization (FAO) reported on Friday. The FAO Food Price Index averaged 131.2 points in January, …

Release date: 03/02/2023 FAO’s latest forecast for world cereal production in 2022 has been raised by 8.3 million tonnes (0.3 percent) this month to 2 765 million tonnes, albeit still 1.7 percent lower year-on-year. The increase is predominantly related to wheat, reflecting upward revisions made for Australia and the Russian Federation, which …