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8 July 2022, Rome - The Food and Agriculture Organization of the United Nations (FAO) released data on 8 July, showing that the FAO Food Price Index fell slightly in June, marking the third consecutive monthly decli.
The index is a measure of the monthly change in the international price of a basket of food commoditi.
In June 2022, it averaged 152 points, down 3% month-on-month, but still 21% higher than the same period last ye.
The index is a measure of the monthly change in the international price of a basket of food commoditi.
In June 2022, it averaged 152 points, down 3% month-on-month, but still 21% higher than the same period last ye.
The decline in the index in June stemmed from lower international vegetable oil , grain and sugar prices, although dairy and meat prices ro.
The FAO Cereal Price Index averaged 163 points in June, down 1 percent month-on-month but still up 26 percent year-on-ye.
International wheat prices fell 7% in June, but were still 45% higher than a year earli.
The June index was pulled down by a combination of factors, including increased supplies from the new harvest in the northern hemisphere, improved crop conditions in some major producing countries such as Canada, and a better production outlook in Russ.
International coarse grain prices also fell 1% in June, but were still up 14% year-on-ye.
World corn prices fell 5% month-on-month due to increased supplies of corn in Argentina and Brazil during the current season and improved corn planting conditions in the United Stat.
International wheat prices fell 7% in June, but were still 45% higher than a year earli.
The June index was pulled down by a combination of factors, including increased supplies from the new harvest in the northern hemisphere, improved crop conditions in some major producing countries such as Canada, and a better production outlook in Russ.
International coarse grain prices also fell 1% in June, but were still up 14% year-on-ye.
World corn prices fell 5% month-on-month due to increased supplies of corn in Argentina and Brazil during the current season and improved corn planting conditions in the United Stat.
The FAO Vegetable Oil Price Index averaged 218 points in June, down 6% month-on-mon.
International palm oil prices fell in June on higher production in the main producing countries and expected supply from Indones.
On the other hand, world sunflower oil and soybean oil prices have also declined due to recent rising costs and sluggish global import dema.
International palm oil prices fell in June on higher production in the main producing countries and expected supply from Indones.
On the other hand, world sunflower oil and soybean oil prices have also declined due to recent rising costs and sluggish global import dema.
The FAO Sugar Price Index averaged 113 points in June, down 6% month-on-month, the second consecutive monthly decline and the lowest level since Februa.
A favorable outlook for global supply contributed to the decli.
The slowdown in global economic growth also led to lower international sugar demand and prices in Ju.
A favorable outlook for global supply contributed to the decli.
The slowdown in global economic growth also led to lower international sugar demand and prices in Ju.
"While the FAO Food Price Index fell for the third consecutive month in June, it remains close to the all- timehigh reached in March this year," said Maximo Torrero Cullen, FAO's chief economis.
The factors of higher prices are still in play, with highlights including strong global demand, unfavorable weather conditions in some key countries, high production and transportation costs, the disruption of supply chains due to the Covid-19 pandemic, and uncertainty arising from the ongoing war in Ukrai.
”
Meanwhile, the FAO Meat Price Index averaged 127 points in June, up 7% month-on-month, a record high and 17% higher year-on-ye.
World meat prices rose across the board, with poultry meat prices rising the mo.
Affected by the war in Ukraine and the bird flu epidemic in the northern hemisphere, the global supply of poultry meat continued to be tight, with prices hitting record hig.
World meat prices rose across the board, with poultry meat prices rising the mo.
Affected by the war in Ukraine and the bird flu epidemic in the northern hemisphere, the global supply of poultry meat continued to be tight, with prices hitting record hig.
The FAO Dairy Price Index averaged 148 points in June, up 1% month-on-month and 29% year-on-ye.
International dairy product prices rose across the board in Ju.
Cheese prices rose the most, mainly due to concerns about the supply situation in the second half of the year, which led to a surge in import demand for spot suppli.
World milk powder prices have also risen due to strong import demand and continued tight global suppli.
International dairy product prices rose across the board in Ju.
Cheese prices rose the most, mainly due to concerns about the supply situation in the second half of the year, which led to a surge in import demand for spot suppli.
World milk powder prices have also risen due to strong import demand and continued tight global suppli.
Food and Agriculture Organization of the United Nations raises forecast for global cereal production
According to the latest issue of Cereal Supply and Demand Briefing, which was also released today, FAO's July 2022 global cereal production forecast has been raised by 7 million tons from the previous month to 792 billion tons, but still down 6% from 2021 world producti.
The month-on-month increase was mainly due to an increase of 4 million tons of coarse grain production forecasts, and world production is expected to reach 501 billion tons in 2022, a decrease of only 5% compared with 2021 producti.
In addition, the forecast for world cereal consumption in 2022/23 has been raised by 2 million tons to 797 billion tons, still 7 million tons (1 percent) lower than in 2021/22, mainly due to expectations of lower feed consumpti.
FAO's forecast for world cereal stocks at the end of the 2023 season is 854 million tons, up 6 million tons from the previous month, but still down 6 percent (0 million tons) year-on-ye.
As such, the global cereal stocks-to-consumption ratio will fall from 37 percent in 2021/22 to 28 percent in 2022/2
As such, the global cereal stocks-to-consumption ratio will fall from 37 percent in 2021/22 to 28 percent in 2022/2
FAO's latest forecast for world cereal trade in 2022/23 is 468 million tonnes, up 8 million tonnes from the previous month, but still the lowest in three quarters and down 14 million tonnes (4 percent) from 2021/2 Coarse grains trade volumes are expected to decline the most in 2022/23 (July/June) by 1 percent (5 million tonnes) compared to the 2021/22 estimate, mainly due to war-related losses in Ukrainian maize and barley expor.
Crop Prospects and Food Situation Report
According to the latest Crop Prospects and Food Situation report released today by the FAO Global Information and Early Warning System, FAO assesses that 46 countries need foreign food assistance, including 33 in Africa, 10 in Asia and 2 in Latin America and Caribbean countries, and 1 European count.
Ukraine and Sri Lanka are now included in the list of countries in need of foreign aid for fo.
The former is experiencing massive displacement due to the war, and the latter is experiencing a full-blown crisis, resulting in high prices and severe shortages of essential goo.
Ukraine and Sri Lanka are now included in the list of countries in need of foreign aid for fo.
The former is experiencing massive displacement due to the war, and the latter is experiencing a full-blown crisis, resulting in high prices and severe shortages of essential goo.
FAO's forecast for aggregate cereal production in these LIFDCs in 2022 is tentatively set at 188 million tonnes, a slight increase from the five-year average and the previous year, the report sa.
More related information:
FAO Food Price Index:
https://Brief introduction of grain supply and demand:
https://World Food Situation:
https://Crop prospects and food situation:
https://8 July 2022, Rome - The Food and Agriculture Organization of the United Nations (FAO) released data on 8 July, showing that the FAO Food Price Index fell slightly in June, marking the third consecutive monthly decli.
The index is a measure of the monthly change in the international price of a basket of food commoditi.
In June 2022, it averaged 152 points, down 3% month-on-month, but still 21% higher than the same period last ye.
food prices _The index is a measure of the monthly change in the international price of a basket of food commoditi.
In June 2022, it averaged 152 points, down 3% month-on-month, but still 21% higher than the same period last ye.
The decline in the index in June stemmed from lower international vegetable oil , grain and sugar prices, although dairy and meat prices ro.
Vegetable Oil Cereal SugarThe FAO Cereal Price Index averaged 163 points in June, down 1 percent month-on-month but still up 26 percent year-on-ye.
International wheat prices fell 7% in June, but were still 45% higher than a year earli.
The June index was pulled down by a combination of factors, including increased supplies from the new harvest in the northern hemisphere, improved crop conditions in some major producing countries such as Canada, and a better production outlook in Russ.
International coarse grain prices also fell 1% in June, but were still up 14% year-on-ye.
World corn prices fell 5% month-on-month due to increased supplies of corn in Argentina and Brazil during the current season and improved corn planting conditions in the United Stat.
International wheat prices fell 7% in June, but were still 45% higher than a year earli.
The June index was pulled down by a combination of factors, including increased supplies from the new harvest in the northern hemisphere, improved crop conditions in some major producing countries such as Canada, and a better production outlook in Russ.
International coarse grain prices also fell 1% in June, but were still up 14% year-on-ye.
World corn prices fell 5% month-on-month due to increased supplies of corn in Argentina and Brazil during the current season and improved corn planting conditions in the United Stat.
The FAO Vegetable Oil Price Index averaged 218 points in June, down 6% month-on-mon.
International palm oil prices fell in June on higher production in the main producing countries and expected supply from Indones.
On the other hand, world sunflower oil and soybean oil prices have also declined due to recent rising costs and sluggish global import dema.
International palm oil prices fell in June on higher production in the main producing countries and expected supply from Indones.
On the other hand, world sunflower oil and soybean oil prices have also declined due to recent rising costs and sluggish global import dema.
The FAO Sugar Price Index averaged 113 points in June, down 6% month-on-month, the second consecutive monthly decline and the lowest level since Februa.
A favorable outlook for global supply contributed to the decli.
The slowdown in global economic growth also led to lower international sugar demand and prices in Ju.
A favorable outlook for global supply contributed to the decli.
The slowdown in global economic growth also led to lower international sugar demand and prices in Ju.
"While the FAO Food Price Index fell for the third consecutive month in June, it remains close to the all- timehigh reached in March this year," said Maximo Torrero Cullen, FAO's chief economis.
The factors of higher prices are still in play, with highlights including strong global demand, unfavorable weather conditions in some key countries, high production and transportation costs, the disruption of supply chains due to the Covid-19 pandemic, and uncertainty arising from the ongoing war in Ukrai.
”
Meanwhile, the FAO Meat Price Index averaged 127 points in June, up 7% month-on-month, a record high and 17% higher year-on-ye.
World meat prices rose across the board, with poultry meat prices rising the mo.
Affected by the war in Ukraine and the bird flu epidemic in the northern hemisphere, the global supply of poultry meat continued to be tight, with prices hitting record hig.
World meat prices rose across the board, with poultry meat prices rising the mo.
Affected by the war in Ukraine and the bird flu epidemic in the northern hemisphere, the global supply of poultry meat continued to be tight, with prices hitting record hig.
The FAO Dairy Price Index averaged 148 points in June, up 1% month-on-month and 29% year-on-ye.
International dairy product prices rose across the board in Ju.
Cheese prices rose the most, mainly due to concerns about the supply situation in the second half of the year, which led to a surge in import demand for spot suppli.
World milk powder prices have also risen due to strong import demand and continued tight global suppli.
International dairy product prices rose across the board in Ju.
Cheese prices rose the most, mainly due to concerns about the supply situation in the second half of the year, which led to a surge in import demand for spot suppli.
World milk powder prices have also risen due to strong import demand and continued tight global suppli.
Food and Agriculture Organization of the United Nations raises forecast for global cereal production
Food and Agriculture Organization of the United Nations raises forecast for global cereal production According to the latest issue of Cereal Supply and Demand Briefing, which was also released today, FAO's July 2022 global cereal production forecast has been raised by 7 million tons from the previous month to 792 billion tons, but still down 6% from 2021 world producti.
The month-on-month increase was mainly due to an increase of 4 million tons of coarse grain production forecasts, and world production is expected to reach 501 billion tons in 2022, a decrease of only 5% compared with 2021 producti.
In addition, the forecast for world cereal consumption in 2022/23 has been raised by 2 million tons to 797 billion tons, still 7 million tons (1 percent) lower than in 2021/22, mainly due to expectations of lower feed consumpti.
FAO's forecast for world cereal stocks at the end of the 2023 season is 854 million tons, up 6 million tons from the previous month, but still down 6 percent (0 million tons) year-on-ye.
As such, the global cereal stocks-to-consumption ratio will fall from 37 percent in 2021/22 to 28 percent in 2022/2
As such, the global cereal stocks-to-consumption ratio will fall from 37 percent in 2021/22 to 28 percent in 2022/2
FAO's latest forecast for world cereal trade in 2022/23 is 468 million tonnes, up 8 million tonnes from the previous month, but still the lowest in three quarters and down 14 million tonnes (4 percent) from 2021/2 Coarse grains trade volumes are expected to decline the most in 2022/23 (July/June) by 1 percent (5 million tonnes) compared to the 2021/22 estimate, mainly due to war-related losses in Ukrainian maize and barley expor.
Crop Prospects and Food Situation Report
Crop Prospects and Food Situation Report According to the latest Crop Prospects and Food Situation report released today by the FAO Global Information and Early Warning System, FAO assesses that 46 countries need foreign food assistance, including 33 in Africa, 10 in Asia and 2 in Latin America and Caribbean countries, and 1 European count.
Ukraine and Sri Lanka are now included in the list of countries in need of foreign aid for fo.
The former is experiencing massive displacement due to the war, and the latter is experiencing a full-blown crisis, resulting in high prices and severe shortages of essential goo.
Ukraine and Sri Lanka are now included in the list of countries in need of foreign aid for fo.
The former is experiencing massive displacement due to the war, and the latter is experiencing a full-blown crisis, resulting in high prices and severe shortages of essential goo.
FAO's forecast for aggregate cereal production in these LIFDCs in 2022 is tentatively set at 188 million tonnes, a slight increase from the five-year average and the previous year, the report sa.
More related information:
More related information: FAO Food Price Index:
FAO Food Price Index: https:// https:// Brief introduction of grain supply and demand:
Brief introduction of grain supply and demand: https:// https:// World Food Situation:
World Food Situation: https:// https:// Crop prospects and food situation:
Crop prospects and food situation: https:// https://
