Blog Category

FAO Food Price Index

Cereal Prices Continue to Fall in July

Aug 15th, 2024 • by Sara Gustafson

Declining cereal prices drove the FAO Food Price Index down slightly in July despite increasing vegetable oil, meat, and sugar prices. The Index was 3.1 percent lower than its July 2023 level and nearly 25 percent below the high seen in March 2022.

Cereal Prices Fall in June, Concerns over Weather Remain

Jul 7th, 2024 • by Sara Gustafson

After three consecutive months of increasing prices, the FAO Food Price Index remained steady in June, with rising vegetable oil, sugar, and dairy prices balancing falling cereal prices. The Index remained 2.1 percent below its June 2023 level and almost 25 percent below the peak seen in March 2022.

FAO Food Price Index Rose Slightly in March

Apr 5th, 2024 • by Sara Gustafson

After seven months of declines, the FAO Food Price Index rose slightly in March due to increased vegetable oil, dairy, and meat prices. The Index remained 7.7 percent below its March 2023 levels.