Global food price index dips on fall in vegetable oil, cereals and sugar prices – FAO

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The barometer for world food commodity prices declined slightly in June for the third consecutive month, the Food and Agriculture Organization of the United Nations (FAO) said. The 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 […]

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World production of major cereals seen declining in 2022, first time in four years

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World production of major cereals is expected to decline in 2022 for the first time in four years, while global utilisation is also seen down, for the first time in 20 years, according to a new report by the Food and Agriculture Organization of the United Nations (FAO). However, the use of cereals for direct food consumption […]

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India to export cereals amidst global food crisis

Amidst a global shortage of food grains in the aftermath of the Ukrainian war, countries like India which have the potential to address this by exporting agricultural products, in particular cereals, are facing difficulties from the World Trade Organization, Union Finance Minister Nirmala Sitharaman said. Responding to India’s concerns, WTO Director General Ngozi Okonjo-Iweala during […]

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Ministry of agriculture projects India’s foodgrains output at a record 316 million tonnes in 2021-22

India’s foodgrains, consisting of rice, wheat, pulses and coarse cereals, production, is likely to touch a record 316.06 million tonnes (MT) for the 2021-22 crop year (July-June), as per the second advance estimate released by the ministry of agriculture. The projected output exceeds the target of 310.74 MT set by the agriculture ministry at the […]

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Global food prices dip in December 2021: FAO

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. The FAO Food Price Index averaged 133.7 points in December, a 0.9 percent decline from November but still up 23.1 percent from December 2020. The […]

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