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MercoPress, en Español

Montevideo, February 23rd 2025 - 06:31 UTC

Tag: FAO Food Price Index

  • Wednesday, December 11th 2024 - 09:01 UTC

    November FAO Food Price Index, highest since April 2023, boosted by dairy and vegetable oils

    Additionally, the weakening of the Brazilian Real against the United States dollar and lower international crude oil prices contributed to the decline in world sugar prices

    The FAO Food Price Index, FFPI, averaged 127.5 points in November 2024, up 0.5 percent from the October level and reaching its highest value since April 2023. The increase was driven by higher price quotations for dairy products and vegetable oils, which slightly outweighed declines in the meat, cereals, and sugar quotations. Compared to historical levels, the FFPI in November was 5.7 percent higher than its corresponding value a year ago but remained 20.4 percent below its peak of 160.2 points reached in March 2022.

  • Tuesday, September 12th 2017 - 09:32 UTC

    FAO forecasts an all time record global cereal production

    The FAO Meat Price Index dropped 1.2% in August, while the FAO Sugar Price Index slipped by 1.7%, driven by favorable cane harvest in leading producers

    Global food prices dipped in August, mainly as the prospect of bumper cereal harvests pushed up expectations for larger grain inventories. The FAO Food Price Index declined 1.3% from July, averaging 176.6 points in August.

  • Monday, August 10th 2015 - 07:00 UTC

    Dairy and vegetable oils prices help FAO's July food index reach its lowest since 2009

    The July vegetable oil price index was some 5.5% below its June level. The slide was primarily caused by a fall in international palm oil prices

    Prices for major food commodities in July hit their lowest average monthly level since September 2009 as sharp drops in the prices of dairy products and vegetable oils more than offset some increases for those of sugar and cereals. Meat prices, meanwhile, remained stable.

  • Friday, June 5th 2015 - 10:17 UTC

    FAO's Food Price Index in May was down 20.7% from a year ago

    FAO upgraded its May 2015 forecast for global production of wheat, coarse grains and rice, anticipating bigger maize harvests in China and Mexico

    Major food commodity prices declined again in May, hitting an almost six-year low as cereal prices fell substantially amid a favorable outlook for this year's harvests. The FAO Food Price Index averaged 166.8 points in May, down 1.4% from April and as much as 20.7% from a year earlier.

  • Monday, November 10th 2014 - 19:28 UTC

    FAO's food price index remains stable in October: 'very good for importing countries'

    The ongoing slight decline in the index is “very good for food importing countries,” FAO senior economist Concepción Calpe said in an interview. The shifts come as FAO raised its forecast for a record

    FAO's monthly food price index was stable in October, as sugar and vegetable oil prices rose to offset declines in dairy and meat prices. The Food Price Index dipped to 192.3, technically, its seventh consecutive monthly decline, but a marginal 0.2% drop from the revised September figure.

  • Monday, June 9th 2014 - 06:27 UTC

    FAO Food Price Index down for the second consecutive month in May

    Maize and wheat prices dropped, while rice remained stable

    The FAO Food Price Index was down for the second consecutive month in May, continuing its retreat from the 10-month high it experienced in March. Prices fell as generally ample supplies weighed on international prices for most commodities included in the Index.

  • Monday, October 7th 2013 - 17:45 UTC

    FAO food price index in September down 5.4% since the beginning of the year

    Compared to September 2012, dairy products remain 28% far more expensive

    The FAO Food Price Index averaged 199.1 points in September 2013, 2.3 points (1%) below its August value and down 11 points (or 5.4%) since the beginning of the year. The decline in September marked the fifth consecutive decrease in the value of the index and was driven by a sharp fall in the international prices of cereals, whereas prices of all other components of the index, namely dairy, oils, meat and sugar, rose slightly.

  • Monday, October 7th 2013 - 14:16 UTC

    World 2013/14 cereal production forecasted to surpass 2012 level by 8%, says FAO

    US corn crop is expected to reach 348 million tons, 27% higher

    The outlook for global cereal supply in the 2013/14 marketing season remains generally favorable despite downward adjustments to forecasts for world cereal production and closing stocks, according to the latest issue of FAO quarterly Crop Prospects and Food Situation report.Despite this downward adjustment, world cereal production would still surpass the 2012 level by nearly 8%.

  • Tuesday, August 6th 2013 - 03:05 UTC

    Inflation in Uruguay remains ever so far from the Central bank annual target

    Food prices in Uruguay, the item which has most climbed according to a FAO report to May

    Consumer prices in Uruguay during July increased 0.77% while twelve-month inflation reached 8.75%, which is the highest since last February, and well ahead of the 8.21% to June, according to the latest release from the country’s National Stats Institute, INE.

  • Friday, December 7th 2012 - 17:24 UTC

    FAO food prices index down in November except for dairy

    Compared to November 2011 meat prices are 3.5% lower says the FAO report

    The FAO Food Price Index averaged 211 points in November 2012, down 3 points (1.5%) from October and the lowest since June 2012. Except for dairy, international prices of all the commodity groups included in the Index fell in November, with sugar undergoing the sharpest dip, followed by oils and cereals. The decline puts the November index value nearly 3% below one year ago.