» The FAO Food Price Index averaged 171 points in April 2015, down 2.1 points (1.2 percent) from March and 40.5 points (19.2 percent) below its level in April 2014. Dairy prices fell most, but sugar, cereals and vegetable oils prices also declined. By contrast, meat values rose in April, their first increase since August 2014. The April average puts… Read more »
The FAO Food Price Index is a measure of the monthly change in international prices of a basket of food commodities. It consists of the average of five commodity group price indices, weighted with the average export shares of each of the groups for 2002-2004.
The FAO Food Price Index continued to decline in January, averaging 182.7 points for the month, or 1.9 percent below its December 2014 level.
·The FAO Food Price Index averaged 196.6 points in August 2014, its lowest level since September 2010. In August, the index registered its fifth consecutive monthly decline, down 7.3 points (3.6 percent) from July and 7.9 points (3.9 percent) from August 2013. Except for meat, all the other food sub-indices dipped markedly in August, with dairy values falling most, followed… Read more »