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FAO Food Price Index Rebounds in August
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.
Commodity prices continue to rise but could be tempered by good production forecasts: FAO and AMIS
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.
Cereal, fertilizer prices rise in August
The FAO Food Price Index remained virtually unchanged in August, although cereal prices rose as a result of declining crop prospects. At 167.6 points, the Index is around 9 percent lower than its August 2017 levels.
Latest FAO Food Price Index and AMIS Market Monitor Released
The latest editions of the FAO Food Price Index and AMIS Market Monitor are both now available for September. The FAO Food Price Index is a measure of the monthly change in international prices of a basket of five food commodity groups; the monthly AMIS Market Monitor covers the international markets for wheat, rice, maize, and soy and provides an overview of the market situation and outlook for each of these crops.
International Maize, Wheat, Rice Prices Remain Down, According to Latest FPMA Report
The latest Food Price Monitoring and Analysis (FPMA) Bulletin from GIEWS, released on December 9, reports mixed but low trends for global wheat prices in November. Benchmark US Wheat (No. 2 Hard Red Winter) prices fell slightly from October and remain nearly 10 percent below November 2015 levels. This decline was driven by higher 2016 production and ending stock estimates, as well as a strong US dollar; however, falling prices slowed somewhat due to unfavorable 2017 weather forecasts in several wheat-producing countries coupled with strong import demand.