Global Food Price Index – Continues to Moderate Downwards Touch the Soil News #2044 (photo – FAO Logo) (Courtesy of FAO/Public Domain) The Food and Agriculture Organization (FAO) a division of the United Nations, keeps track of the global commodity prices, what nations have to buy food at from producers. Back in 2022, global commodity…
Touch the Soil News #2007 (photo – FAO Logo – (Public Domain – United Nations Food And Agriculture Organization) The Food and Agriculture Organization published its updated Food Price Index for September 2023. The results are essentially flat, with the index at 121.5 a hair lower than August at 121.6. For perspective, the Food Price…
Touch the Soil News #1970 (Photo – Whole Grains – (Public Domain – USDA) The Food and Agriculture Organization of the United Nations (FAO) recently published the results for the Month of June, 2023. The index fell from 124 down to 122.3. For perspective, the index in June of 2022 was a whopping 154.7. The…
Touch the Soil News #1960 (Photo – FAO Headquarters in Rome – (CCA SA 3.0 Unported, Scopritore) The Food and Agriculture Organization, a division of the United Nations, keeps track of global food prices by following five major food categories. Those categories include meat, dairy, cereals (grains), vegetable oils and sugar. The Food Price Index…
Touch the Soil News #1919 (Feature Photo – Food Price Index Chart – Courtesy of the Food and Agriculture Organization) The Food and Agriculture Organization just published its food price index for March 2023. Overall, the index nudged down from 129.7 to 126.9 – a little over 2 percent. For the past 12 months, the…
Touch the Soil News #1847 (Feature Photo – Farmers Market – CCA 2.0 Generic) The Food and Agriculture Organization (FAO) is a division of the United Nation’s and it tracks global food prices through its Food Price Index. The food price index follows commodity prices on meat, dairy, grains, vegetable oils and sugar. For industrial nations…
Positive Future News #911 (Feature Photo – Holstein Dairy Cow – Public Domain) The Food and Agriculture Organization (FAO) of the United Nations, publishes price increases for primary food groups at the bulk – global trade – level every month. The FAO shocked economists with their March 2022 report. The Food Price Index went from…
Touch the Soil News #1788 (Feature Photo – Wheat Harvest – CCA SA 2.0 Generic, Michael Trolove) In many ways, the world is hinged together by food trade. Nations with an ability to grow certain foods, can create a revenue stream by selling to nations unable to grow certain foods. The economics of food trade,…
Touch the Soil News #1774 (Feature Photo– Food Price Index Chart – data courtesy of FAO) The year 2021 made history in that global food prices escalated by 19 percent, sending food price jitters around the world. Fortunately, the food price index for December 2021 when down slightly. The chart above shows how the food…
Touch the Soil News #1764 (Feature Photo – Food Price Graph – Kelp4Less) The Food and Agriculture Organization (FAO) is division of the United Nations. Among a variety of duties, the FAO maintains the international Food Price Index. By following price increases in the categories of meat, dairy, cereal grains, vegetable oils and…
