$6 Million for Food Safety in NicaraguaTuesday, May 4, 2010 The European Commission will grant the country $6.1 million to support food and nutritional safety in 10 provinces. This program aims to increase and diversify agricultural supply, improve the quality of basic grains and productive processes, and make it easier for local consumers to access food products. Food: Global Prices as of September 2020Thursday, October 8, 2020 In September, price increases were more pronounced for vegetable oils and cereals, and for dairy products prices remained stable, while sugar and meat prices fell from their August levels. The United Nations Food and Agriculture Organization (FAO) reported that in September 2020 the food price index averaged 97.9 points, i.e., 2% more than in August and already 4.6% above its value a year ago. Imported Corn Vs. Local SorghumTuesday, December 15, 2020 Because yellow corn is imported from the United States at a price of $11 per quintal in Nicaragua and the cost of producing a quintal of sorghum locally is $12.5, competition for local producers is nearly impossible. Nicaragua is part of the Dominican Republic-Central America-United States Free Trade Agreement, an agreement that allows yellow corn from the United States to enter the local market free of tariffs. Further Increase in Global Food PricesFriday, August 31, 2012 In July, world food prices rose by 10% compared to the previous month, with the most noteworthy being corn and soybeans which reached record levels. A statement from the World Bank reads: International Prices of Food - June 2015Thursday, July 9, 2015 In June prices of sugar and dairy products fell sharply, meat remained stable, while cereals and oils showed improvement. The FAO Food Price Index* averaged 165.1 points in June 2015, down 1.5 points (0.9 percent) from the previous month and almost 44 points (21.0 percent) down from June 2014. Price movements diverged across the various markets, with sugar and milk products incurring pronounced falls, while cereals and oils prices firmed somewhat. Meat prices were stable. Except for a lull in October 2014, the overall food price index has declined every month since April 2014. Global Food Prices in April 2017Wednesday, May 10, 2017 As in March, the values of all products in the FAO food index fell in April, with the exception of meat prices. From a statement issued by the World Food Organization: Global Food Prices - June 2017Monday, July 10, 2017 In June, the FAO food price index showed a year-on-year increase of 7%, mainly due to significant increases in the prices of dairy and cereals. From a statement issued by the World Food Organization: Food: Global Prices up to May 2019Thursday, June 6, 2019 In the fifth month of the year, the FAO food price index fell 2% over the same month in 2018, explained by the decline in prices of cereals and vegetable oils. From the FAO monthly report: Food: Global Prices up to October 2019Thursday, November 7, 2019 In the tenth month of the year, the FAO food price index rose 6% from October 2018, explained by rising prices of sugar, meat, dairy products and vegetable oils. From FAO's monthly report: Food: Global prices up to November 2019Thursday, December 5, 2019 Last month FAO's food price index rose 10% from November 2018, explained by rising prices of meat, dairy products and vegetable oils. From FAO's monthly report: Food: Global Prices up to February 2020Thursday, March 5, 2020 In the second month of this year, the FAO food price index rose by 8 percent compared to the same month in 2019, explained by rising prices of meat, dairy products, vegetable oils and sugar. From FAO's monthly report: |
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