Items Tagged with 'FAO Food Price Index'

The UN Food and Agriculture Organization’s broad measure of global food commodity prices was unchanged in June, although vegetable oil prices rose 3.1%, driven in part by strong biofuel demand.

An index of world food commodity prices edged up in March after seven straight months of decline, largely driven by price increases for soybean and other vegetable oils.

Global prices for food commodities fell last month and ended the year 10% below their level in December 2022, the UN Food and Agriculture Organization reported Friday.

Prices for globally traded food commodities fell in August on declines in the cost of dairy products, vegetable oils and other products, reversing an increase the month before.

Prices for global food commodities rebounded in July, driven in part by a sharp rise in the cost of sunflower oil as Russia terminated the Black Sea Grain Initiative, creating new uncertainty about Ukraine’s ag exports, the UN Food and Agriculture Organization reported Friday.

A gauge of global food commodity prices fell again in June, led by declines in the cost of grains and vegetable oils, and is now more than 23% off the March 2022 peak that followed Russia’s invasion of Ukraine.

The UN Food and Agriculture Organization’s index of global food commodity prices rose for the first time in a year last month, led by increases in the cost of sugar and meat. 

An index of global food commodity prices dropped for the 10^th straight month in January on declines in the cost of vegetable oils, dairy products and sugar.

A measure of world prices for food commodities fell for the ninth consecutive month in December, driven by a sharp drop in the cost of vegetable oils and softer prices for meat and grains.