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India lifts export restrictions on rice

Nov 8th, 2024 • by Joseph Glauber and Abdullah Mamun

Over the past two months, India has removed several of its restrictions affecting rice exports, some in place since September 2022. This is welcome news for rice importing countries, which for the past year have had to seek alternative suppliers at significantly elevated prices.

FAO Food Price Index Sees Largest Monthly Increase Since May 2022

Oct 9th, 2024 • by Sara Gustafson

In September, the FAO Food Price Index saw the largest month-on-month increase since May 2022, rising 3 percent from August. While the Index is 2 percent higher than its September 2023 level, it remains over 22 percent below its March 2022 peak.