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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Global food prices continue to drop
The FAO Food Price Index dropped for the fourth month in a row in August reaching its lowest level since June 2012. The index, which measures the monthly change in the international prices of a basket of food commodities, averaged 201.8 points in August 2013, nearly 4 points (1.9 percent) below its July value and 11 points (or 5.1 percent) less than in August 2012. Last month's decline was ...
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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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Weather and political tensions impact food markets but cereal stocks remain adequate
Weather conditions in various countries and political tensions in the Black Sea region have made food markets more volatile, FAO reports in the new Food Outlook. In its first major forecast for 2014, FAO puts cereal production at 2 458 million tonnes (including milled rice), down some 2.4 percent from the 2013 record, though global output is still expected to be the second largest ever. The ...
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More balanced food commodity markets seen in 2013/14
Food commodity markets, in particular for cereals, are set to be more balanced in 2013/14, according to FAO's Food Outlook report published today. World food imports in 2013 are tentatively forecast at $1.09 trillion, close to last year's level, but 13 percent below the record of 2011, the biannual report on global food markets said. Higher bills for fish and livestock products are anticipated ...
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