The price index, compiled by the Food and Agriculture Organization to track the most globally traded food commodities, increased to 127.5 points last month from a revised 126.9 points in October, the highest level in 19 months and up 5.7 per cent from a year ago. | Getty Images

World food prices reach 19-month high in November

LONDON, U.K. (Reuters) — The United Nations’ world food price index rose in November to its highest level since April 2023, recording its biggest gain in 19 months on the back of surging vegetable oil prices. The price index, compiled by the Food and Agriculture Organization to track the most globally traded food commodities, increased […] Read more

The Food and Agriculture Organization’s price index, which tracks the most globally traded food commodities, averaged 118 points in January, down from 119.1 the previous month, the agency said Feb. 2. The January reading was the lowest since February 2021. | File photo

World food price index falls to 2021 level

LONDON (Reuters) — The United Nations food agency’s world price index fell in January to its lowest level in nearly three years, driven by declines in cereals and meat. The Food and Agriculture Organization’s price index, which tracks the most globally traded food commodities, averaged 118 points in January, down from 119.1 the previous month, […] Read more

The United Nations’ Food and Agriculture Organization maintains its forecast for world cereal production this year at 2.819 billion tonnes, up 0.9 percent from the previous year.  |  Terry Fries photo

United Nations’ world food price index falls in October

The drop is driven by declines in sugar, cereals, vegetable oils and meat, but dairy bucked the downward trend in prices

LONDON, U.K. (Reuters) — The United Nations food agency’s world price index fell in October to its lowest level in more than two years, driven by declines in sugar, cereals, vegetable oils and meat. The Food and Agriculture Organization’s price index, which tracks the most globally traded food commodities, averaged 120.6 points in October, down […] Read more