ERS sees food price inflation slowing significantly in 2024
The September Consumer Price Index (CPI) for food was reported up just 0.2 percent from August, with food away from home leading the MOM [...]
November WASDE shows higher corn yield
Corn outlook The November 2023/24 U.S. corn outlook is for greater production, domestic use, exports, and ending stocks. Corn production is forecast at 15.2 billion [...]
FAO reports world food prices down marginally in September
FAO reported global food prices down marginally in September (adjusted for inflation). Year on year, the Food Price Index (FPI) was reported down 12 [...]
October WASDE shows lower corn yield
Corn outlook 2023/24 U.S. corn outlook is for reduced supplies, feed, residual use, exports, and ending stocks. U.S. corn production is forecast at 15.064 billion bushels, [...]
World food price in August the lowest since February 2021
FAO’s Food Price Index (FPI) fell 2.1 percent in August to 116.7 (adjusted for inflation), down 13.3 percent YOY and its lowest level since [...]
September WASDE shows increase in corn acreage
Corn outlook The 2023/24 U.S. corn outlook is for greater production at 15.1 billion bushels due to an increase in harvested area offsetting a [...]
Consumer price index for foods up 7.1% YOY
The Consumer Price Index (CPI) for food rose 0.3 percent in July and was reported up 4.9 percent YOY, per ERS. Food away from [...]
August WASDE shows decrease in corn yield
Corn outlook The 2023/24 U.S. corn outlook is for reduced supplies, lower domestic use, smaller exports, and tighter ending stocks. U.S. corn production [...]