The FAO Food Price Index continued to surge in May, rising 4.8 percent from the previous month. Prices are now 38.9 percent higher than May 2020 and the highest seen since September 2011. This twelfth consecutive month of increases also brings the Index just 7.6 percent below the record highs of February 2011.
The FAO Food Price Index continued its 11-month climb in April, rising by 1.7 percent from March 2021. The Index also surged 30.8 percent above its April 2020 levels to reach its highest level seen since May 2014.
The FAO Food Price Index continued to rise in March for the tenth consecutive month. The Index increased 2.1 percent from February, bringing it to its highest value seen since June 2014. The rise was led by increased prices for vegetable oils, meat, and dairy. Cereal prices declined in March.
Concerns have been growing over how the ongoing political turmoil in the Ukraine, the world's third largest maize exporter, could impact global grain prices and reserves in the coming year. While Ukraine has delivered the majority of its current export obligations, continuing conflict could pose problems for next season's planting and harvest, and thus future export shipments. According to an article published by IRIN News, however, experts do not foresee a long-term impact on global grain prices.
The Famine Early Warning Systems Network (FEWS NET), funded by USAID, has released its latest monthly price watch detailing staple food prices for November 2010. These reports provide food security updates for 25 countries vulnerable to food insecurity, focusing on impacts on livelihoods and markets. These updates can help policymakers recognize and mitigate potential threats to food security.
Download the latest reports below. For more information regarding FEWS NET, please visit www.fews.net .