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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War drives large increases in global prices for wheat, maize, and vegetable oils

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World food commodity prices made a significant leap in March to reach their highest levels ever, as war in the Black Sea region spread shocks through markets for staple grains and vegetable oils, the Food and Agriculture Organization of the United Nations (FAO) reported. The FAO Food Price Index averaged 159.3 points in March, up 12.6 percent […]

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Indian shrimp exports to get further boost with soaring prices of animal proteins

Prospects of Indian shrimps exports have gained further momentum with prices of animal proteins like beef, pork and poultry skyrocketing due to supply crunch and shipping constraints in the global market. The US and China are importing record volumes of shrimp and almost all varieties of shrimp have witnessed record-high price levels. As per 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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Wheat and dairy drive fourth straight monthly rise in global food prices

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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 (FAO) reported. The FAO Food Price Index averaged 134.4 points in the month, its highest level since June 2011 and 1.2 percent […]

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Global food commodity prices rebound in August

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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 the United Nations (FAO) reported today. The FAO Food Price Index averaged 127.4 points in August, up 3.1 percent from July and […]

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Cereals, vegetable oils and dairy drive global food prices lower for second straight month

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Global food commodity prices fell in July for the second consecutive month, according to a benchmark United Nations report released on Thursday. The FAO Food Price Index averaged 123.0 points in July 2021, 1.2 percent lower than the previous month although still 31.0 percent higher than its level in the same period of 2020. The index tracks […]

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Demand upsurge of plant-based meat alternatives in India

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From beverages, cheeses to imitation meats, plant-based alternatives are on an ascent worldwide, constituting a billion-dollar industry.  In April this year Beyond Meat, a Los Angeles-based popular alternate protein brand, launched in India. It tied up with Tiffany Foods, a subsidiary of Allana Group of Companies, one of the largest exporter of processed foods and […]

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International food prices rise for 11th straight month in April, says FAO

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International food commodity prices rose for the 11th consecutive month in April, with sugar leading the increase and cereals resuming their upward trend, the Food and Agriculture Organization of the United Nations (FAO) said on Thursday. The FAO Food Price Index averaged 120.9 points in April, 1.7 percent higher than March and 30.8 percent higher than its level […]

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Global food prices rise for 10th month in a row

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Global food commodity prices rose in March, marking their tenth consecutive monthly increase, with quotations for vegetable oils and dairy products leading the rise, the Food and Agriculture Organization of the United Nations (FAO) reported. The FAO Food Price Index, which tracks monthly changes in the international prices of commonly-traded food commodities, averaged 118.5 points in […]

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