Global food commodity prices rose for the ninth consecutive month in February, with quotations for sugar and vegetable oils increasing the most, the Food and Agriculture Organization of the United Nations (FAO) said on Thursday. The FAO Food Price Index, which tracks monthly changes in the international prices of commonly-traded food commodities, averaged 116.0 points in […]
Global food prices rose in January for the eighth consecutive month, led by cereals, vegetable oils and sugar, according to the Food and Agriculture Organization of the United Nations (FAO). FAO’s Food Price Index, which tracks monthly changes in the international prices of commonly-traded food commodities, averaged 113.3 points in January, marking a 4.3 percent increase […]
China’s total imports of meat this year will be 1% higher than a previous estimate, though the country’s total meat consumption would remain below pee-African Swine Flu levels, according to the US Department for Agriculture (USDA). The impact of African Swine Flu is expected to have reached its zenith last year, pressuring consumption.But demand has rebounded, […]
World food prices rose for the seventh consecutive month in December, led by dairy products and vegetable oils, the Food and Agriculture Organization of the United Nations reported. The FAO Food Price Index averaged 107.5 points in December, 2.2 percent higher than in November. Over the whole of 2020, the benchmark index, which tracks monthly changes in […]
The surge in the digital grocery segment categorically triggered by the Covid-induced lockdown has had a positive impact on the online meat delivery market, says a Financial Express report. During this calendar year, online meat delivery startups such as Licious, Zappfresh, FreshToHome, TenderCuts, have established a substantial presence in the country. However, due to the […]
Global food prices continued rising for the fifth consecutive month in October, led by cereals, sugar, dairy and vegetable oils, according to a new report from the Food and Agriculture Organization of the United Nations. The FAO Food Price Index, which tracks international prices of the most traded food commodities, averaged 100.9 points in October 2020, […]
The global benchmark price index for food commodities rose in September, led by vegetable oils and cereals, according to a report from the Food and Agriculture Organization of the United Nations. The FAO Food Price Index averaged 97.9 points during the month, up 2.1 percent from August and 5.0 percent higher than its value in September 2019. […]
Bengaluru-based online fresh fish and meat retailer FreshToHome has seen an uptick in business since March 2020, as people are veering more towards online shopping. Mathew Joseph, the company’s CoFounder and COO talks to indoasiancommodities.com about the company’s growth so far and its future expansion plans. How has the year 2020 been for your Fresh to Home? […]
Global food prices rose for the third consecutive month in August, influenced by generally firmer demand and a weaker U.S. dollar, according to a report released today by the Food and Agriculture Organization of the United Nations. The FAO Food Price Index, which tracks the international prices of the most commonly traded food commodities, averaged 96.1 […]
India’s retail inflation swelled to 6.93 per cent in the month of July, driven by high food prices in the month. CPI (Consumer Price Index) inflation was 6.09 per cent in the previous month. The food inflation skyrocketed to 9.62 per cent in July, led by more than 15 per cent inflation in meat, fish, pulses […]
