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 index covers five main commodity groups to include: Meat, Dairy, Cereals, Vegetable Oils and Sugar.
You can read the full story here: https://www.fao.org/newsroom/detail/fao-food-price-index-continued-declining-in-june/en