Category Archives: Commodities

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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The FAO Food Price Index slips in June largely on heightened trade tensions

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» The FAO Food Price Index* (FFPI) averaged 173.7 points in June 2018, down 2.4 points (1.3 percent) from its level in May, representing the first month-on month decline since the beginning of this year. Most markets have generally taken-on a weaker tone recently largely because of rising tensions in international trade relations. » The FAO Cereal Price Index averaged… Read more »

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The FAO Food Price Index rose further in May

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» The FAO Food Price Index* (FFPI) averaged 176.2 points in May 2018, up 2.2 points (1.2 percent) from April level and hitting its highest level since October 2017. The increase in May reflected a continued steep rise in dairy price quotations, while those of cereals also rose, albeit at a slower pace. By contrast, vegetable oil and sugar markets… Read more »

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The FAO Food Price Index steady, while sugar values down sharply

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» The FAO Food Price Index* (FFPI) averaged 173.5 points in April 2018, nearly unchanged from March but up 2.7 percent from the corresponding period last year. While the prices of most cereals and dairy products continued to increase in April, sugar prices fell further. Vegetable oil and meat markets also remained under downward pressure. » The FAO Cereal Price… Read more »

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Wheat Is The Most Political Commodity In The World

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Wheat is an essential ingredient in food that feeds the world. The price of wheat, like all agricultural commodities, depends on weather conditions in primary growing regions each year. In 2008, the price of wheat rose to its all-time peak price at $13.345 per bushel as drought conditions limited supplies and caused the price to explode to the upside. At… Read more »

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The FAO Food Price Index rises for the second consecutive month

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» The FAO Food Price Index* (FFPI) averaged 172.8 points in March 2018, up 1.1 percent (1.8 points) from February, marking the second month of consecutive increase. At this level, the FFPI stood at 0.7 percent above its value of the corresponding month last year. As in February, the month-on-month increase in March was driven primarily by stronger international prices… Read more »

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The FAO Food Price Index up slightly in February

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» The FAO Food Price Index* (FFPI) averaged 170.8 points in February 2018, 1.1 percent (1.8 points) higher than in January but 2.7 percent below its value in the corresponding period last year. Higher international prices of dairy and cereals contributed to the month-on-month increase in the value of the FFPI, whereas the prices of sugar and vegetable oils fell… Read more »

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The FAO Food Price Index remaining steady

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» The FAO Food Price Index* (FFPI) averaged 169.5 points in January 2018, nearly unchanged from December 2017 but almost 3 percent below the corresponding period last year. While firmer prices were registered for cereals and vegetable oils in January, dairy and sugar values were generally weaker and meat quotations remained steady. » The FAO Cereal Price Index averaged 156.2… Read more »

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The FAO Food Price Index rebounded in 2017 despite a decline in December

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» The FAO Food Price Index* (FFPI) averaged 169.8 points in December 2017, down 5.8 points (3.3 percent) from November with the steepest declines registered in the prices of dairy, vegetable oils and sugar while those of cereals and meat also fell but only slightly. For the whole of 2017, the FFPI averaged 174.6 points, up 8.2 percent from 2016… Read more »

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