World Commodity Prices
Temporal Info: 
Monthly
Units: 
U.S. Dollars
Source: 
FAO 2013, IMF 2013
Footnote: 

Food and Agriculture Organization (FAO). 2013. Economic and Social Development Statistics Division. Available online at http://www.fao.org/es/esc/prices

Oil prices: Official prices pulled on the 18th of each month from International Monetary Fund (IMF). 2013. IMF Primary Commodity Prices. Available online at: http://www.imf.org/external/np/res/commod/index.asp
Unofficial prices pulled on the first Friday of each month from the U.S. Energy Information Administration. World Crude Oil Prices. Available online at: http://www.eia.gov/dnav/pet/pet_pri_spt_s1_w.htm

The world commodity prices are monthly averages of the prices taken on the day of the week indicated below. Prices are given in U.S. dollars/kg.

The world wheat price is the monthly average of weekly prices for US No. 2, Hard Red Winter, US FOB U.S. Gulf as reported by the International Grain Council on Thursday of each week. Prices are given in U.S. dollars/kg.

The world rice price is the monthly average of weekly prices for White Broken Rice, Thai A1 Super, FOB Bangkok as reported by Jackson Son & Co. (London) Ltd. on Wednesday of each week. Prices are given in U.S. dollars/kg.

The world maize price is the monthly average of weekly prices for US No. 2, Yellow, FOB U.S. Gulf as reported by the USDA on Friday of each week. Prices are given in U.S. dollars/kg.

Soybean price is the monthly average of weekly prices for US No. 1 Yellow soybeans, FOB U.S. Gulf as reported by the USDA on Friday of each week. Prices are given in U.S. dollars/kg.

Global oil prices is the price in U.S. dollars per barrel of crude Oil (petroleum). These prices are calculated as a simple average of three spot prices; Dated Brent, West Texas Intermediate, and the Dubai Fateh.