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Global food prices fall for the first time in 12 months Global food commodity prices fell in June for the first time in 12 months, according to a benchmark United Nations report released yesterday. The FAO Food Price Index averaged 124.6 points in June 2021, down 2.5 percent from May, but still 33.9 percent higher than its level in the same period last year. The decline in June marked the first drop in the Index following twelve consecutive monthly increases. The FAO Food Price Index tracks changes in the international prices of the most globally traded food commodities. The drop in June refl...

Global food prices rose in May at their fastest monthly rate in a decade, even as world cereal production is on course to reach a new record high, the Food and Agriculture Organization (FAO) of the United Nations said.The FAO Food Price Index ...

Global food prices rose in May at their fastest monthly rate in more than a decade even as world cereal production is on course to reach a new record high, the Food and Agriculture Organisation (FAO) of the United Nations reported on Thursday.

Global food prices rise at rapid pace in May Global food prices rose in May at their fastest monthly rate in more than a decade, even as world cereal production is on course to reach a new record high, the Food and Agriculture Organization of the United Nations (FAO) reported yesterday. The FAO Food Price Index averaged 127.1 points in May, 4.8 percent higher than in April and 39.7 percent higher than in May 2020. A surge in the international prices of vegetable oils, sugar and cereals led the increase in the index, which tracks monthly changes in the international prices of commonly-traded f...

Global food prices rose in May at their fastest monthly rate in more than a decade, even as world cereal production is on course to hit new record, according to Food and Agriculture Organisation. The FAO Food Price Index averaged 127.1 points in May.