International food prices continue rising in April
FAO Food Price Index posts 11th consecutive monthly increase, new forecasts point to growth in world wheat and maize output
6 May 2021, Rome - International food commodity prices rose for the 11
th consecutive month in April, with sugar leading the increase and cereals resuming their upward trend, the Food and Agriculture Organization of the United Nations (FAO) reported today.
The FAO Food Price Index averaged 120.9 points in April, 1.7 percent higher than March and 30.8 percent higher than its level in the same month last year. The index, which tracks monthly changes in the international prices of commonly-traded food commodities, reached its highest level since May 2014, and in nominal terms is 12 percent below its all-time peak in February 2011.
International food prices continue rising in April
International food commodity prices rose for the 11th consecutive month in April, with sugar leading the increase and cereals resuming their upward trend, the Food and Agriculture Organization of the United Nations (FAO) reported today.
The FAO Food Price Index averaged 120.9 points in April, 1.7 percent higher than March and 30.8 percent higher than its level in the same month last year. The index, which tracks monthly changes in the international prices of commonly-traded food commodities, reached its highest level since May 2014, and in nominal terms is 12 percent below its all-time peak in February 2011.
The FAO Sugar Price Index increased 3.9 percent during the month to reach levels nearly 60 percent higher than in April 2020, with concerns over slow harvest progress in Brazil and frost damage in France heightening concerns over tighter global supplies.
6 May 2021, Rome - International food commodity prices rose for the 11th consecutive month in April, with sugar leading the increase and cereals resuming.
Global food prices up for 11th straight month in April
The FAO Food Price Index averaged 120.9 points in April, 1.7 per cent higher than March and 30.8 per cent higher than its level in the same period last year. 3 min read
Global food commodity prices rose for the 11th consecutive month in April, led by sugar, oil, and meat the
The FAO said this in its Food Price Index report released on Thursday.
The index tracks international prices of most commonly traded food commodities.
The FAO Food Price Index averaged 120.9 points in April, 1.7 per cent higher than March and 30.8 per cent higher than its level in the same period last year.
International food prices continue rising in April
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FAO Food Price Index posts 11th consecutive monthly increase, new forecasts point to growth in world wheat and maize output
6 May 2021, Rome - International food commodity prices rose for the 11th consecutive month in April, with sugar leading the increase and cereals resuming their upward trend, the Food and Agriculture Organization of the United Nations (FAO) reported today.
The FAO Food Price Index averaged 120.9 points in April, 1.7 percent higher than March and 30.8 percent higher than its level in the same month last year. The index, which tracks monthly changes in the international prices of commonly-traded food commodities, reached its highest level since May 2014, and in nominal terms is 12 percent below its all-time peak in February 2011.