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 […]
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 […]
Global agricultural food commodity prices rose in May, with dairy prices jumping significantly. The FAO Food Price Index averaged 176.2 points during the month, up 1.2 percent from April. The May increase built on a recent trend featuring rising price quotations of major cereals and dairy products and weak ones for sugar and vegetable oils. […]
The FAO Food Price Index (FFPI) averaged 173.5 points in April 2018, nearly unchanged from March but up 2.7 percent from the corresponding period last year. While the prices of most cereals and dairy products continued to increase in April, sugar prices fell further. Vegetable oil and meat markets also remained under downward pressure. » The FAO […]
Rising world prices for staple grains and dairy products more than offset lower prices for vegetable oils, leading global food commodity prices up in February, the U.N. Food and Agriculture Organization (FAO) said. The FAO Food Price Index averaged 170.8 points in February, up 1.1 percent from the previous month and now just 2.7 percent below its […]