What's New

The Food and Agricultural Organization reports that food prices for August fell 5.2 percent from July levels and down 21.5 percent from last August. The FAO Food Price Index is at the lowest level since April 2009 and down 35 percent from its recent peak in February 2011. Compared to a year ago, prices for cereals, meats, and vegetable oils are down between 15 and 20 percent, while prices for sugar and dairy products are down by about a third.

Dropping oil prices, concern over the global financial implications of economic slowdown in China, and higher than expected global yields for wheat, maize and rice are all contributing to the continued descent of crop prices, according to the September edition of the AMIS Market Monitor and the FAO Food Price Index , both released today.

BY: David Laborde and Simla Tokgoz, IFPRI

Please join us below Wednesday, September 2, 2015 from 12:15 PM to 1:45 PM (EDT) for a livestreaming policy seminar exploring challenges and solutions for attaining the Sustainable Development Goals (SDGs), organized by the International Food Policy Research Institute (IFPRI).

Released today, the August edition of the FAO Monthly News Report on Grains features multiple announcements of 2015 crops exceeding weather-dampened expectations, with world grain stocks expected to hit a 29-year high according to the the International Grains Council (IGC).

The FAO Monthly News Report on Grains provides a collection of news articles on issues or factors considered critical in shaping the regional/global grains economy, as well as links to reports, statistics, and upcoming events.