Data

FAO has released its Food Price Index for August, citing stabilizing world food prices. The Food Price Index has remained steady since July at 213 points. The report points out that while this level is high, it is still 25 points below the peak seen in February 2011.

International grain prices spiked sharply in July and have since stabilized at higher levels, according to the latest FEWS Food Price Watch. The August report reflects deteriorating weather conditions in several key exporting countries. The US drought has had a severe impact on both maize and soybean prices, while earlier South American crop losses have put further upward pressure on soybean prices.

The latest issue of the FAO Monthly News Report has been released. The report covers ongoing trends in grain prices and policies, including the impacts of the US drought and potential export restrictions in Russia.

The FAO Monthly News Report on Grains series provides a collection of news articles from international media and news sources on issues relating to the international grain economy. These reports also include statistics and upcoming events.

The USDA has released the latest World Agricultural Supply and Demand Estimate. This report provides comprehensive forecasts of supply and demand for major U.S. and global crops and livestock.

The latest FAO Food Price Index was released today, citing an increase of 12 points from June. While the Index averaged 213 points in July, it remains well below the peak levels reached in February 2011.