The price of sugar, which is widely used in the food industry, is increasing day by day. How will this affect food producers and consumers? Russia’s operation in Ukraine in February 2022 and the subsequent process led to a sharp hike in the cost of ingredients such as wheat, vegetable …
Read More »FAO; GLOBAL FOOD PRICES FALL FOR 6TH MONTH IN SEPTEMBER…
FAO food price index declines 1.1% month-on-month, led by lower vegetable oil prices… Global food prices decreased for a sixth month in a row in September, led by lower vegetable oil prices, the UN Food and Agriculture Organization (FAO) said Friday. Averaging 136.3 points last month, the FAO food price …
Read More »WORLD FOOD PRICE INDEX FALLS FOR 5TH MONTH IN AUGUST!
The United Nations food agency’s world price index fell for the fifth month in a row in August, further from all-time highs hit earlier this year, as a resumption of grain exports from Ukrainian ports contributed to improving supply prospects. The Food and Agriculture Organization (FAO) said on Friday that …
Read More »FAO: GLOBAL FOOD PRICES RISE IN JANUARY
News release… Vegetable oils and dairy products push FAO Food Price Index higher… 03/02/2022 Rome – The 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 …
Read More »FAO: GLOBAL FOOD PRICES DIP IN DECEMBER
FAO’s benchmark index of food commodity prices in 2021 averaged sharply higher than in 2020… Rome – World food prices fell slightly in December as international prices for vegetable oils and sugar fell significantly from lofty levels, the Food and Agriculture Organization of the United Nations reported today. The FAO Food Price …
Read More »FAO: FOOD PRICE INDEX RISES IN NOVEMBER
Press release… Wheat and dairy drive fourth consecutive monthly increase, global cereal supplies “comfortable”. 02/12/2021 Rome -The barometer of food commodity prices in international markets rose for the fourth consecutive month in November, led by strong demand for wheat and dairy products, the Food and Agriculture Organization of the United Nations …
Read More »WORLD FOOD PRICES CLIMB TO NEW PEAK IN OCTOBER…
FAO food price index rises 3% from a month ago with gains in prices of vegetable oils, cereals… Rising for a third consecutive month, world food prices rose to a new all-time high in October, the UN’s Food and Agriculture Organization (FAO) said on Thursday. The FAO food price index …
Read More »WORLD FOOD PRICES APPROACH 10-YEAR HIGH IN SEPTEMBER…
FAO Food Price Index up 1.2% month-on-month with tightening supply conditions, robust demand for staples… Building from a two-month rise, global food prices in September hit their highest monthly average since October 2011, according to the UN Food and Agriculture Organization (FAO) on Thursday. The monthly FAO Food Price Index …
Read More »FAO: GLOBAL FOOD COMMODITY PRICES REBOUND IN AUGUST
Sugar, wheat and palm oil push up FAO Food Price Index… 02 September 2021, Rome – Global food commodity prices rebounded rapidly in August after two consecutive months of decline, led by strong gains in the international price quotations for sugar, wheat and vegetable oils, the Food and Agriculture Organization of …
Read More »GLOBAL FOOD PRICES DECLINE IN JULY!
Press release… Cereals, vegetable oils and dairy drive FAO Food Price Index lower for second month in a row… 5 August 2021, Rome – Global food commodity prices fell in July for the second consecutive month, according to a benchmark United Nations report released today. The FAO Food Price Index averaged 123.0 points …
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