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



A shopper holds a bottle of vegetable oil in an aisle in a supermarket.

World food prices rebound as vegetable oil rises

PARIS, France (Reuters) — The United Nations food agency’s world price index rebounded in July from two-year lows as vegetable oil markets rose following renewed tensions over grain exports from Ukraine and concerns over global production. The Food and Agriculture Organization’s price index, which tracks the most globally traded food commodities, averaged 123.9 points in […] Read more