The Food and Agriculture Organization’s price index, which tracks the most globally traded food commodities, averaged 118.5 points in December, down 1.5 percent from November and 10.1 percent below December 2022 levels. | Getty Images

Global food prices shrink

REUTERS — The United Nations food agency world price index ended last year about 10 percent below its 2022 level. Values in December were also down from the previous month, further easing concerns over global food price inflation. The Food and Agriculture Organization’s price index, which tracks the most globally traded food commodities, averaged 118.5 […] 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

The Food and Agriculture Organization’s price index, which tracks the most globally traded food commodities, averaged 122.3 points in June against a revised 124 for the previous month, the agency said July 7. | Getty Images

UN food agency reports another drop in world food prices

ROME, Italy (Reuters) — The United Nations food agency’s world price index fell in June to its lowest level in more than two years, pushed down by a drop in the cost of sugar, vegetable oils, cereals and dairy products. The Food and Agriculture Organization’s price index, which tracks the most globally traded food commodities, […] Read more