Global oilseed supplies for 2021/22 seen slightly higher at 732 million tons

Global oilseed supplies for 2021/22 are projected to increase 3 percent from 2020/21 to 732.4 million tons, with higher prices incentivising an expansion of oilseed area and higher sunflowerseed production after the prior season’s yield-related declines, the U.S. Department of Agriculture (USDA) said in its latest forecast. “Global soybean production is forecast up 22.6 million […]

Read more

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

ashwini-chaudhary-egeN7GYoONs-unsplash-scaled.jpg

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 […]

Read more

Global food prices rise for 10th month in a row

peter-bond-KfvknMhkmw0-unsplash-scaled.jpg

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 […]

Read more

Global food commodity prices rise for the ninth straight month in February – FAO

Food-Collage.jpg

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 […]

Read more

Global food prices rose sharply in January

peter-bond-KfvknMhkmw0-unsplash-scaled.jpg

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 […]

Read more

World food prices hit three-year high in 2020 after additional gains in December – FAO

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 […]

Read more

Global food prices continue rising in October

2-2-scaled.jpg

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, […]

Read more

Mustard oil player Data eyes doubling revenues on price uptick, demand spike

Jaipur-headquartered Data Group, with a strong edible oil vertical and prominent positioning in mustard oil category in some heartland states is aiming to nearly double its topline in the next three years. According to Deepak Data, Director and Joint Managing Director of the over 40-year-old group, Corona-led restrictions has resulted in a significant spike in […]

Read more

Global food demand rises for the third straight month in August on firmer demand – FAO

ja-ma-216495-unsplash-1.jpg

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 […]

Read more