Category Archives: Commodities

The FAO Food Price Index rises further

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» The FAO Food Price Index* (FFPI) continued to rise for the fifth consecutive month, averaging 172.4 points in May 2019, up 1.2 percent (2.1 points) from April but still 1.9 percent below its level in the corresponding month last year. While prices for sugar and oils fell, the other sub-indices registered increases in May, led again by strong month-on-month… Read more »

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The FAO Food Price Index rises to a 10-month high

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» The FAO Food Price Index* (FFPI) rose in April 2019 to around 170 points, 1.5 percent (2.5 points) higher than in March and marking its highest value since June 2018. At this level, the FFPI would still remain 2.3 percent below its level in the corresponding month last year. Except for the sub-index for cereals, all the other sub-indices… Read more »

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The FAO Food Price Index remains steady

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» The FAO Food Price Index* (FFPI) held steady in March 2019, averaging 167 points and still hovering around its highest value since August 2018. A sharp increase in dairy prices and somewhat firmer meat values were offset by declining cereal, oil and sugar price quotations. This resulted in the overall value of the FFPI remaining nearly unchanged from February… Read more »

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The FAO Food Price Index moves up higher

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» The FAO Food Price Index* (FFPI) averaged 167.5 points in February 2019, up 2.7 points (1.7 percent) from January.  While the February value of the FFPI marked its highest level since August 2018, it remained nearly 4 points (2.3 percent) below its level in the corresponding month last year. Prices of all commodities represented in the FFPI rose in… Read more »

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The FAO Food Price Index started the new year on firmer ground

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» The FAO Food Price Index* (FFPI) averaged 164.8 points in January 2019, up almost 3 points (1.8 percent) from December 2018 but still 3.7 points (2.2 percent) below the corresponding month last year. After three successive months of relatively stable levels, the increase in January was largely driven by a sharp rebound in dairy price quotations as well as… Read more »

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The FAO Food Price Index steady in December but lower in 2018 compared to 2017

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» The FAO Food Price Index* (FFPI) averaged 161.7 points in December 2018, nearly unchanged from its November value as lower dairy and sugar quotations were largely offset by firmer cereal prices and somewhat higher prices of meat and oils. For the whole of 2018, the FFPI averaged 168.4 points, down 3.5 percent from 2017 and almost 27 percent below… Read more »

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FAO Food Price Index registered another decline in November

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» The FAO Food Price Index* (FFPI) averaged 160.8 points in November 2018, down 2.1 points (1.3 percent) from October, the lowest since May 2016, and nearly 15 points (8.5 percent) below its level in the corresponding period last year. The decline in November was led by much weaker vegetable oil, dairy and cereal prices. Meat values also fell, though… Read more »

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FAO Food Price Index down in September

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» The FAO Food Price Index* (FFPI) averaged 165.4 points in September 2018, down 2.3 points (1.4 Percent) from August and some 13 points (7.4 percent) below its level in the corresponding period last year. Only the sugar price index firmed in September, whereas the values of the other sub-indices, led by cereals, dropped from the previous month. » The… Read more »

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The FAO Food Price Index remains steady

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» The FAO Food Price Index* (FFPI) averaged 167.6 points in August 2018, virtually unchanged from its revised estimate for July but down 9.6 points (5.4 percent) from its level in the corresponding period last year. While cereals and, to a lesser extent, meat values were firmer in August, the values of the other sub-indices, namely sugar, vegetable oils and… Read more »

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The FAO Food Price Index fell in July. Sharpest monthly drop since December 2017

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» The FAO Food Price Index* (FFPI) averaged 168.8 points in July 2018, down as much as 6.5 points (3.7 percent) from June and 10.3 points (3.7 percent) from the corresponding period last year. The July fall marked the first significant month-on-month decline in the value of the FFPI since December 2017, reflecting notable drops in the values of all… Read more »

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