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Soybean

FAO Food Price Index Declines in September, But High Food Prices Remain a Concern

Oct 7th, 2022 • by S. Gustafson

The latest FAO Food Price Index reports that global food prices fell by 1.5 percent in September. However, the Index remains 5.5 higher than its September 2021 level. The decline from August was driven by significant drops in vegetable oil prices and more moderate drops in sugar, meat, and dairy products; cereal prices rose in September.

FAO Food Price Index Rebounds in August

Sep 8th, 2021 • by S. Gustafson

After declining in June and July, the FAO Food Price Index rose quickly again in August and reached 32.9 percent higher than August 2020 levels. The increase was driven by rising cereal and vegetable oil prices, as well as by rises in sugar prices.