cereal market News
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Expected sharp fall in Southern African maize production raises food security concerns
Southern Africa's maize harvest is expected to shrink this year by some 26 percent compared with 2014's bumper crop, a situation that could trigger food price increases and adversely affect recent food security gains, FAO warned today. For 2015, the early production forecast for maize - a staple food throughout the subregion - stands at about 21.1 million tonnes, some 15 percent lower than the ...
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FAO Food Price Index down for the second consecutive month
The FAO Food Price Index was down for the second consecutive month in May, continuing its retreat from the 10-month high it experienced in March. Prices fell as generally ample supplies weighed on international prices for most commodities included in the Index. Meanwhile, a companion monthly report, the FAO Cereal Supply and Demand Brief, shows the outlook for the global cereal supply ...
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FAO Food Price Index falls despite climbing dairy prices
The FAO Food Price Index fell in January for the first time in 3 months as lower prices of cereals, sugars, oils and meat outstripped gains in dairy values. The Index, based on the prices of a basket of internationally traded food commodities, averaged 203.4 points in January 2014, down 1.3 percent from December and 4.4 percent below January last year. "We're seeing lower prices due to abundant ...
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Cereal prices continue to rise, defying improved supplies
The FAO Food Price Index rose notably in January, led by sugar and cereals, even as global markets remain well supplied. The FAO Food Price Index averaged 173.8 percent in January, its highest value in almost two years, marking a 2.1 percent increase from its revised December value and 16.4 percent above its 2016 January level. The FAO Sugar Price Index surged 9.9 percent in the month, driven ...
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World food prices stay high, but steady
The FAO Food Price Index averaged 206.7 points in December, nearly unchanged from the previous month, with a sharp increase in dairy prices and high meat values balancing out a steep decline in sugar quotations and lower cereal and oil prices. For 2013 as a whole, the index averaged 209.9 points - down 1.6 percent from 2012, and well below 2011's peak of 230.1, but still the third highest annual ...
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United Kingdom contributes to FAO’s work in Syria and Lebanon
The United Kingdom Department for International Development (DFID) is donating £10 million to FAO humanitarian projects in Syria and Lebanon. Part of the United Kingdom’s contribution will go towards boosting winter wheat and barley production in Syria, where more than 4 million people are food insecure. Ongoing conflict has hit food production in the country. Many farmers had ...
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