Food prices up for first time since 2017

In July, FAO’s Food Price Index (deflated) saw its first YOY increase in 22 months. July’s Index was up 2.3 percent YOY, a considerable difference from the previous 12 months, which saw an average YOY decline of 6.4 percent. Looking at individual subindexes, both Meat and Sugar continued their [...]

U.S. domestic sugar deliveries down 0.1 percent

Sugar deliveries for food use (including re-export products) from October through May totaled 7.036 million short tons, down 0.1 percent from the same period last year. May’s deliveries dipped below deliveries for the same month in the last three years. Cumulative deliveries are up [...]