Stay updated with breaking news from Demand Brief. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
International quotations for rice and sugar went up in August mainly due to the adverse impact of weather on crops and trade restrictions imposed by exporters, according to the latest report published by the Food and Agriculture Organization of the United Nations (FAO) last Friday. Based on its monthly Food…
The FAO All Rice Price Index rose by 9.8 percent in August from July to reach a 15-year nominal high, reflecting trade disruptions in the aftermath of a ban on Indica white rice exports by India. The FAO Food Price Index, which tracks monthly changes in the international prices of globally-traded food commodities, averaged 121.4 points in August, down 2.1 percent from July and as much as 24 percent below its March 2022 peak. The drop reflected declines in the price indices for dairy products, vegetable oils, meat, and cereals.
World cereal production is predicted to hit a record high in 2023-24, according to the latest Cereal Supply and Demand Brief released by the Food and Agriculture Organisation (FAO) of the United Nations.
The benchmark index of international food commodity prices declined again in June, led by price decreases for all major cereals and most types of vegetable oils, the Food and Agriculture Organization of the United Nations (FAO) reported on July 7. The FAO Food Price Index, which tracks monthly changes in…
Cereal production to hit a record high in 2023-24.