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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.

The June FAO Monthly Report on Food Price Trends saw mixed trends for international wheat prices in May, but prices generally remained lower than May 2015. The benchmark US wheat price averaged USD 193 per tonne in May; this was down four percent from April and 17 percent below its May 2015 level. The report cites that this drop in price is due mainly to improved global 2016-2017 production prospects.

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The FAO’s biannual report on global food markets was released this month. The report provides an overview of global trends for several main agricultural products, including wheat, coarse grains, rice, oilcrops, meat, and milk and fishery products, as well as a special feature on pulses. The report also provides a country-level review of major policy developments for grains, rice, oilcrops, meat, and dairy.

In December 2015, the World Trade Organization reached an agreement on the Nairobi Package, the latest set of rules governing global trade.

Soybean futures prices have seen a lot of movement in recent weeks, beginning in April when they twice saw record daily trading in combined futures and options volume on the Chicago market. Our early warning excessive food price volatility system has immediately reflected this trend, identifying extreme positive returns, i.e.

On May 12, the USAID Agrilinks program held a webinar on a new report released by the World Bank, entitled Enabling the Business of Agriculture 2016: Comparing Regulatory Good Practices. The event examined the report’s key findings and discussed the objectives and future path of the Enabling the Business of Agriculture (EBA) project.

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The world’s urban population is growing rapidly. According to a new publication from The Chicago Council on Global Affairs, more people live in urban areas than rural areas today, and by 2060, 66 percent of the world’s population will live in cities. This growth is particularly obvious in developing regions.

International wheat price trends were mixed in April but were still lower than wheat prices seen a year ago, according to the latest Food Price Monitoring and Analysis Bulletin released this week. The price of US hard red winter wheat fell three percent in April as a result of improved production prospects in several key producing areas. Global maize prices were up from March due to increased export demand and concerns about production in South America; however, April maize prices also remained lower than the previous year's levels.

Photo Credit: Flickr: IITA

As the global food system becomes more integrated, urban populations grow, and incomes continue to rise around the world, the issue of food safety is drawing greater and greater attention, according to a new brief from the Global Panel on Agriculture and Food Systems for Nutrition.

Food price volatility and extreme price shocks have serious implications for politics, agriculture, climate, and food and nutrition security, according to a new book published by the Center for Development Research (ZEF) and the International Food Policy Research Institute (IFPRI), with support from the CGIAR Research Program on Policies, Institutions, and Markets (PIM).

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