Global food price index dips for the fifth consecutive month in October

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International food commodity prices dipped in October, as falling dairy, meat and vegetable oils prices more than offset a surge in sugar prices, the United Nations said today. The FAO Food Price Index, a measure of the monthly change in international prices of a basket of food commodities, averaged 163.5 points in October, down 0.9 percent […]

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Robust supplies pushed global food prices down in September — FAO

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Global agricultural food commodity prices fell in September due to growing inventories of key staples, the UN food agency said in its latest monthly report. The FAO Food Price Index declined 1.4 percent from August and is now 7.4 percent below its level during September 2017. The FAO Cereal Price Index dropped 2.8 percent, led by maize […]

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Global agricultural food commodity prices fell sharply in July, pulled down by dairy, sugar

Decline in rates of dairy products, sugar and vegetable oil pushed down overall global agricultural food commodity prices in July, the Food and Agriculture Organization (FAO) said in its latest monthly report. The FAO Food Price Index averaged 168.8 points, 3.7 percent below their June level, the biggest monthly drop since late last year. The index had […]

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Global agri food commodity prices fell in June amid escalating trade tensions, says FAO

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International agricultural food commodity prices fell in June for the first time in 2018, as trade tensions affected markets even with global production prospects down, the UN food agency said in its latest monthly report. The FAO Food Price Index averaged 173.7 points in June, down 1.3 percent from its level in May. The decline was driven […]

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The FAO price index for May 2018

The FAO Food Price Index averaged 176.2 points in May 2018, up 2.2 points (1.2 percent) from April level and hitting its highest level since October 2017. The increase in May reflected a continued steep rise in dairy price quotations, while those of cereals also rose, albeit at a slower pace. By contrast, vegetable oil and sugar […]

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