Food Price Index finally ticks higher

FAO reported its Food Price Index appreciated by just 0.2 percent YOY in June, the first monthly YOY increase in 21 months. (Note: These figures are adjusted for inflation.) The increase comes courtesy of gains in three of the five subindexes: The Meat, Cereals, [...]

First decline for world food prices in 2018

FAO reported that its Food Price Index fell 2.4 points in June, the first dip since the start of 2018, attributed largely to growing trade conflicts. With both corn and wheat weaker, the Cereal Index fell 6.4 points in June. The Vegetable Oil Index [...]