Photo Credit: AMIS Market Monitor

The latest editions of the FAO Food Price Index and AMIS Market Monitor were both released on November 10. The FAO Food Price Index is a measure of the monthly change in international prices of a basket of five food commodity groups; the monthly AMIS Market Monitor covers the international markets for wheat, rice, maize, and soy and provides an overview of the market situation and outlook for each of these crops.

The latest editions of the FAO Food Price Index and AMIS Market Monitor were both released on October 6. The FAO Food Price Index is a measure of the monthly change in international prices of a basket of five food commodity groups, while the AMIS Market Monitor covers the international markets for wheat, rice, maize, and soy and provides an overview of the market situation and outlook for each of these crops.

The August FAO Food Price Index increased by 3 points (1.9 percent) from July to 165.6 points reaching a 15 month high. This increase was predominantly driven by price increases in dairy, oils and sugar, though all commodities covered except for cereals experienced an increase.

The July FAO Food Price Index fell by 1.3 points following five consecutive months of increases. The slightly drop in July was driven mostly by lower international quotations of grains and vegetable oils.

Photo Credit: Flickr: Uwe Potthoff

The FAO Food Price Index rose again in June for the fifth consecutive month, based largely on surging sugar prices and more moderate increases for cereals, dairy, and meat. The 6.6 point increase represents the largest monthly movement in the last four years.

The Cereals Index rose 4.4 points from May, but remains 3.9 percent below June 2015 levels. Strengthened maize prices drove most of this month's increases, as tightening export supplies in Brazil caused prices to rise.

Photo Credit: Flickr: Elliot Scott

The latest FAO Food Price Index, released today, rose 3.2 points from April. This is the fourth consecutive month to see a slight increase in the Index; however, prices remain 7 percent below May 2015 levels.

The latest FAO Food Price Index was released this week, rising slightly from February but well below levels in March 2015. Sugar prices and vegetable oil prices rose sharply in March, but this change was offset by declines in dairy prices.

According to the February FAO Food Price Index released last week, food prices were steady in February but were 14.5 percent lower than in February 2015. The Cereal Price Index fell by 13.7 percent from a year before, led by a 1.5 percent decline in wheat prices due to slower trade activity and the expectation of large exports throughout the rest of the marketing season. Maize prices also fell in February, while rice prices rose slightly.

Photo credit: Flickr: McKay Savage

The FAO Food Price Index fell nearly 3 points in January, signaling a continued decrease in all of the commodities tracked by the Index and a decline of nearly 29 points from January 2015. This continued fall in prices is in part driven by the strong global supply highlighted in this month’s AMIS Market Monitor, along with an appreciating US dollar and lower global oil prices.

Crane hauling fertilizer. Photo Credit: Adam Cohn (flickr)

Global crop prices continued their fall in November according to the FAO Food Price Index and the AMIS Market Monitor, both released this week. Overall favorable production levels and high inventories, combined with a strong US dollar, have contributed to weakening prices. Meat prices saw the most dramatic fall last month, down 23 percent.

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