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Montevideo, November 21st 2024 - 22:52 UTC

Tag: food commodity

  • Thursday, August 15th 2019 - 12:15 UTC

    Global food commodity prices saw a slight decline in July

     Ovine and bovine meat prices rose further in July, boosted by robust import demand from Asia and weakening supplies from Oceania due to a seasonal decline

    The FAO's Food Price Index, (FPI) - a trade-weighted index that measures prices of five major food commodities on international markets - averaged 170.9 points in July 2019, slipping 1.1 percent below its level in June but up 2.3 percent from a year earlier.

  • Monday, November 12th 2018 - 07:11 UTC

    FAO Food Price Index dipped in October pushed by dairy, meat and vegetable oils

    The Dairy Price Index led the overall decline, slipping 4.8% from the previous month and 34% below the peak reached in February 2014

    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. 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 from September and 7.4 percent below its level a year earlier.