Rising international quotations for vegetable oils, dairy products and meat pushed the benchmark index for world food commodity prices up by 1.1 percent in March, its first increase in seven months, the Food and Agriculture Organization of the United Nations (FAO) reported Friday. The FAO Food Price Index, which tracks monthly
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World food price index down again in January: FAO
The benchmark for world food commodity prices fell further in January, albeit slightly, led by decreases in the prices of cereals and meat, which more than offset an increase in the sugar prices, the Food and Agriculture Organization of the United Nations (FAO) reported on Friday. The FAO Food Price Index,
Global food prices in 2022 hit record high amid for war
Global prices for food commodities like grain and vegetable oils were the highest on record last year even after falling for nine months in a row, the U.N. Food and Agriculture Organization said, as Russia's war in Ukraine, drought and other factors drove up inflation and worsened hunger worldwide. The FAO
World food price index ticks lower in Nov
The United Nations food agency's world price index fell marginally in November, marking an eighth straight monthly fall since a record high in March after Russia's invasion of Ukraine. The Food and Agriculture Organization's (FAO) price index, which tracks the most globally traded food commodities, averaged 135.7 points last month,
Food import financing needed to help countries in crisis, FAO says
Import financing is urgently needed to help avert the worst of the global food crisis, the Food and Agriculture Organization said. Sixty-two low- to upper-middle-income countries are eligible for an FAO-proposed Food Import Financing Facility to help make food more affordable, FAO Chief Economist Máximo Torero said at an online event
The Hunger Factory: The miracle of the sudden rise and fall of food prices, Part- I
The benchmark for world food commodity prices declined “significantly” in July, with major cereal and vegetable oil prices recording double-digit percentage declines. The data, released by the UN Food and Agriculture Organization (FAO) on 5 August, adds the FAO Food Price Index averaged 140.9 points in July, down 8.6% from June,
UN food price index dropped in July for fourth month
Global food prices dropped significantly in July
Food prices dropped significantly in July, marking the fifth consecutive monthly decline since hitting record highs earlier in the year in the wake of the war in Ukraine, the UN Food and Agricultural Organization (FAO) said Friday. The UN agency has published its latest Food Price Index, the barometer that tracks
PM proposes FAO to establish International Seed Bank
Prime Minister Sheikh Hasina today proposed the Food and Agriculture Organisation (FAO) to set up an International Seed Bank. "Establish an International Seed Bank, which may have the potential to support evading food crisis at any natural disasters over the centuries," she said. The prime minister made the appeal as FAO Director
Ensure good stocks to deal with imminent food crisis
The United Nations Food and Agriculture Organisation (FAO) feared a global food crisis due to the Covid-19 pandemic. Although agricultural production has increased a bit compared to that in last year, the fear of a possible food crisis has not gone yet. Global food stocks are declining in proportion to