cereal market News
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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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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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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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