Food Price Index

Global Food Prices Drop in July
Global Food Prices Drop in July
Global food prices fell by the biggest amount since 2008 due to easing concerns over the supplies of grains and vegetable oils as Ukraine restarted its exports.  The United Nations world food cost index dropped almost 9% in July.  According to Bloomberg, the index is at its lowest level since January before Russia’s attack on Ukraine helped push the cost of food close to record levels.  It’s the f
World Food Price Index Rises for Tenth-Straight Month
World Food Price Index Rises for Tenth-Straight Month
World food prices rose for the tenth-consecutive month in March, rising to their highest level since June of 2014. Reuters said the climb got sparked by costs rising in the vegetable oils, meat, and dairy indices. The United Nations Food and Agriculture Organization’s food price index measures monthly changes for a basket of cereals, oilseeds, dairy products, meat, and sugar. The ...

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