Global food prices rose for the fifth consecutive month in May, pushed up by rising prices of cheese and maize due to adverse weather conditions. The FAO Food Price Index, which tracks monthly changes in the international prices of commonly traded food commodities, averaged 172.4 points in May, up 1.2 percent from the previous month while […]
By Ritwik Sinha Against the backdrop of the bruising US-China trade spat, Indian exporters are hopeful that Beijing will allow direct access to Indian commodities and products soon. China, one of India’s biggest bilateral trade partners, is currently engaged in a bitter tariff war with the Trump administration, forcing it to redraw its international trade […]
Global food prices rose in April to their highest level in almost a year, led up by meat and dairy prices, according to UN Food and Agriculture Organization (FAO). The FAO Food Price Index, which tracks monthly changes in the international prices of commonly traded food commodities, averaged 170 points in April, up 1.5 per […]
By Ritwik Sinha The Indian meat industry is not getting the attention it deserves despite being an exporting powerhouse, a top industry player said while urging the government to include it under the food processing sector in line with global practices. “The most unfortunate thing is that it is not treated as part of the […]
Global food prices rose in February, with the FAO Food Price Index averaging 167.5 points, up 1.7 percent from January, in part driven up by sharp increases in dairy prices. The Index, which is an indicator of the monthly changes in international prices of a basket of food commodities, is currently at its highest level since August […]
India’s buffalo meat exports are set to plunge 15 per cent to their lowest in six years, a leading industry body told Reuters, as world’s top meat consumer China clamps down on food smuggling. China does not allow imports of Indian buffalo beef due to fears over foot-and-mouth disease, but the meat is often smuggled […]
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 […]
The value of Australia’s farm production is forecast to remain relatively unchanged at $60 billion in 2018–19, well above the 10-year average of $56 billion, despite very dry conditions in some places, ABARES in the latest forecasts released in the September quarter Agricultural commodities report. “Although dry conditions are affecting agricultural production in eastern Australia, expected […]
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 […]
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 […]
