Category: FAO

World Food Prices Hit Record High in 2022

January 6, 2023
Business & Marketseconomic policieseconomyenergyEuropeFAOFoodglobalGold and CommoditiesinflationMarketsRussia-Ukraine WarWorld
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PARIS—A surge in the cost of most food commodities last year, as the disruption caused by Ukraine’s conflict raised concerns of shortages, sent the U.N. food agency’s average price index to the highest level on record. The Food and Agriculture Organization’s (FAO) food price index, which tracks international prices of the most globally traded food…

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World Food Price Index Falls for 5th Month in August

September 2, 2022
AugustBusiness & MarketseconomyEuropeFAOFoodglobalGold and CommoditiesinflationInternationalMarketsRussia-Ukraine WarWorld
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PARIS—The United Nations food agency’s world price index fell for a fifth month in a row in August, further from all-time highs hit earlier this year, as a resumption of grain exports from Ukrainian ports contributed to improved supply prospects. The Food and Agriculture Organization (FAO) said on Friday that its price index, which tracks…

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Food Prices Fell Again in July, UN Agency Says

August 5, 2022
Business & MarketseconomyEuropeFAOFoodglobalGold and CommoditiesInternationalMarketspricesRussia-Ukraine WarUNWorld
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LONDON—The United Nations food agency’s world price index declined again in July, edging further away from record highs hit in March. The Food and Agriculture Organization’s (FAO) food price index, which tracks the most globally traded food commodities, averaged 140.9 points last month versus a revised 154.3 for June. The June figure was previously put…

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World Food Prices Hit 10-Year Peak: FAO

October 7, 2021
AmericasAsia & PacificBusiness & EconomyEconomiesEuropeFAOFoodIndiaInternationalpeakpricesWorld
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PARIS—World food prices rose for a second consecutive month in September to reach a 10-year peak, driven by gains for cereals and vegetable oils, the United Nations food agency said on Thursday. The Rome-based Food and Agriculture Organization (FAO) also projected record global cereal production in 2021, but said this would be outpaced by forecast…

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