The barometer for world food commodity prices declined for the fifth consecutive month in August, as quotations for most benchmark items dropped, according to the latest report released by the United Nations Food and Agriculture Organization.
World food commodity prices declined modestly in May for the second consecutive month, although wheat and poultry prices pushed higher, the Food and Agriculture Organization of the United Nations (FAO) reported.
World food commodity prices decreased in April after a large jump the previous month, led by modest declines in the prices of vegetable oils and cereals, the Food and Agriculture Organization of the United Nations (FAO) reported.
The benchmark gauge for world food prices went up in February, reaching an all-time high, led by vegetable oils and dairy products, the Food and Agriculture Organization of the United Nations (FAO) has reported.
The gauge for world food prices went up in January, largely catalyzed by supply-side constraints for vegetable oils, the Food and Agriculture Organization of the United Nations (FAO) reported. The FAO Food Price Index averaged 135.7 points in January, 1.1 percent higher than in December. The Index tracks monthly changes in the international prices of commonly-traded food commodities.
The FAO Food Price Index (FFPI) averaged 134.4 points in November 2021, up 1.6 points (1.2 percent) from October and 28.8 points (27.3 percent) from November 2020.
The world food price barometer surged to a new peak reaching its highest level since July 2011, the Food and Agriculture Organization of the United Nations (FAO) reported.
Global food commodity prices fell in June for the first time in 12 months, according to a benchmark United Nations report. The FAO Food Price Index averaged 124.6 points in June 2021, down 2.5% from May, but still 33.9% higher than its level in the same period last year. The decline in June marked the first drop in the Index following twelve consecutive monthly increases
Global food commodity prices rose sharply in November to their highest level in nearly six years, according to a benchmark United Nations report released on Thursday. The FAO Food Price Index averaged 105.0 points during the month, up 3.9% from October and 6.5% higher than its value a year earlier. The monthly increase was the sharpest since July 2012, putting the index at its highest level since December 2014, the Food and Agriculture Organization said.
In June, global food commodity prices rose for the first time since the beginning of the year driven by a rebound in vegetable oils, sugar and dairy quotations. However, in the cereals and meat markets, most prices remained under downward pressure amid market uncertainties posed by the COVID-19 pandemic.