In February, the FAO food price index fell by almost 3% in year-on-year terms, due to a drop in prices of sugar and vegetable oils.
From the monthly report on the FAO food price index:
The FAO food price indexstood in February 2018 at an average of 170.8 points, that is to say, 1.1% (or 1.8 points) more than in January, although it is still 2.7% less than its value in the same period last year. Higher international prices for dairy products and cereals contributed to the inter-monthly rise in the value of the index, while prices for sugar and vegetable oils declined and meat prices remained stable.
The FAO food price index closed the year with an increase of 8% compared to 2016, the highest annual average since 2014, although it is still 24% below the maximum levels reached in 2011.
From the monthly report on the FAO foodprice index:
World food prices fell slightly in November, as the decline in prices of dairy products offset a sharp increase in the prices of sugar and vegetable oils.
From a statement by the World Food Organization (FAO):
7 December 2017, Rome - Global foodprices declined marginally in November, as lower dairy prices offset a sharp increase in sugar and vegetable oil quotations, according to the latest FAO Food Price Index issued today.
The FAO food price index remained unchanged in comparison to November, with substantial increases in the prices of vegetable oils and dairy products which more than offset a fall in sugar and meat.
From a statement issued by the World Food Organization:
The decline in the FAO food price index in November was due to a sharp fall in sugar prices, which more than offset a sharp spike in prices of vegetable oils.
From a statement issued by the United Nations Food and Agriculture Organization:
The index of food prices registered an increase of 2.9% compared to the previous month and 10% compared to September 2015.
From a report by the FAO:
The FAO Food Price Index* (FFPI) averaged 170.9 points in September 2016, up almost 5 points (2.9 percent) from August and 10 percent above the corresponding month last year.
In May sugar prices rebounded, while meat, cereals and dairy products showed a slight increase.
From a press release issued by the FAO:
The FAO Food Price Index* (FFPI) averaged 155.8 points in May 2016, 3.2 points (2.1 percent) higher than in April, but still 7 percent below the corresponding period last year. The May increase marked the fourth consecutive month of rise in the value of the FFPI. The values of all sub-indices moved up in May except for the vegetable oils, which dropped for the first time in four months. Sugar prices surged while meat, cereals and dairy registered some increase.
» The FAO Cereal Price Index averaged 152.3 points in May, up 2.5 points (1.6 percent) from April but down 5.3 percent from May 2015. Among the major cereals, maize prices increased sharply for the second consecutive month, mainly on tight export supplies until the harvesting of new crops in the northern hemisphere later this year. Rice quotations also strengthened, especially for Indica varieties, on rising concerns about availabilities in some major trade sources and firming import demand. Dampened by ample global supplies and good production prospects, the increase in international wheat prices was more modest.
» The FAO Vegetable Oil Price Index averaged 163.3 points in May, down 3.1 points (1.8 percent) from April. The decline was mainly caused by palm oil, the price of which fell after three months of sharp gains. Weaker than anticipated import demand for palm oil, notably in China, India and the EU, combined with growing export availabilities in Malaysia have weighed on palm oil international quotations, despite negative prospects for global production.
» The FAO Dairy Price Index averaged nearly 128.0 points in May, up just 0.4 percent from April, but 24 percent below its May 2015 level. During the second-half of May, improved internal prices within the EU and sustained international import demand caused quotations for whole milk powder and butter to rise – cheese from Oceania also rose. Conversely, international quotations for skimmed milk powder remained close to the EU intervention price.
» The FAO Meat Price Index* averaged 151.8 points in May, some 3.0 points (2.0 percent) higher than in April. Prices of all categories of meat rose, particularly those of pigmeat and ovine meat, while smaller increases were registered for bovine and poultry meat. Pigmeat quotations from the EU moved up strongly, due to gains in internal prices and continued brisk import demand from Asia. In Oceania, limited supplies of bovine and ovine meat caused export quotations to rise. Meanwhile, poultry meat prices recorded a third month of moderate growth.
» The FAO Sugar Price Index averaged 240.4 points in May, up as much as 25.1 points (11.7 percent) from April. The sharp rebound in May sugar prices was driven mostly by deteriorating production prospects in India, the world’s second largest sugar producer, as well as lower output in China which raised the expectation of tighter domestic supplies and, hence, higher imports by the country. The latest data showing large export availabilities in Brazil, the world’s largest sugar producer and exporter, supported by a bumper crop (second highest on record), kept prices from rising further.
* Unlike for other commodity groups, most prices utilized in the calculation of the FAO Meat Price Index are not available when the FAO Food Price Index is computed and published; therefore, the value of the Meat Price Index for the most recent months is derived from a mixture of projected and observed prices. This can, at times, require significant revisions in the final value of the FAO Meat Price Index which could in turn influence the value of the FAO Food Price Index.
The FAO Food Price Index continues to show a slow upward trend for the third consecutive month.
From a statement issued by the Food and Agriculture Organization:
The FAO Food Price Index (FFPI) averaged 151.8 points in April 2016, up 1.1 points (0.7 percent) from March, but almost 10 percent below its April 2015 level.
The FAO food price index rose slightly in March due to sharp increases in prices of sugar and palm oil.
From a press release by the Food and Agriculture Organization:
The FAO Food Price Index* (FFPI) averaged 151.0 points in March 2016, up 1.0 percent from February, but almost 21 points (12.0 percent) below its March 2015 level. The main feature last month was the strong rebound in sugar prices, which, combined with a further increase in vegetable oil quotations, more than offset a plunge in dairy values. International prices of the other commodities used in the calculation of the FFPI changed little.
The FAO Food Price Index averaged 150.2 points in February 2016, nearly unchanged from January, but 14.5% below February 2015.
From a statement issued by the Food and Agriculture Organization:
The FAO Food Price Index* (FFPI) averaged 150.2 points in February 2016, nearly unchanged from January, but 25.6 points (14.5 percent) below February 2015.
In January the price index registered a fall of 1.9% compared to December, a result of lower prices in commodities such as sugar.
From a statement issued by the World Food Organization:
February 4, 2016, Rome - The index stood at 150.4 points in January, up 16% compared to the same month last year, recording its lowest level since April 2009.
In October, the index of food prices recorded an increase of 4%, driven mainly by rising prices of sugar, vegetable oils and dairy products.
From the report by the Food World Organization:
The FAO Food Price Index* averaged nearly 162 points in October 2015, as much as 6 points (3.9 percent) more than in September and the sharpest increase since July 2012.
The prices of sugar and dairy products recovered in September, while other commodities remained slightly below the levels recorded in August.
From a statement issued by the Food and Agriculture Organization:
The FAO Food Price Index* averaged 156.3 points in September 2015, up one point from its sharply reduced August value, but still18.9 percent less than one year ago.
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