World Food Prices Fall for Second Consecutive Month in October, UN’s FAO Says

Global Food Price Index Drops, Led by Sugar and Dairy

ADM Investor Services said, “Global food prices declined in October, driven by improvements in supply, according to a report from the United Nations’ Food and Agriculture Organization.

World food prices fall for second consecutive month in October, UN's FAO says

World food commodity prices fell for a second consecutive month in October, driven largely by ample global supplies, the United Nations' Food and Agriculture Organization said on Friday.

FAO reports decline in global food prices

According to the report, published this Friday by the FAO press office, the index averaged 126,4 points in October, 1,6% lower than the previous month. This decrease was driven by a greater supply, primarily of cereals, whose prices fell by 1,3 percentage points month-on-month. The analysis specifies that the wheat price index fell by 1,0%, while the coarse grains index dropped by 1,1 percentage points and the rice index fell by 2,5 percentage p…

Global food prices decline 1.6% in October due to ample supplies: FAO

Index for food prices down for 2nd consecutive month in October, with declines in all major indexes, except for vegetable oil - Anadolu Ajansı

Global Food Prices Fall Again in October: FAO

The United Nations Food and Agriculture Organization (FAO) reported that world food commodity prices fell for the second straight month in October, reflecting strong global supplies. The FAO Food Price Index averaged 126.4 points, down from 128.5 in September, and stood 21% below its March 2022 peak. Why It Matters Falling food prices offer relief […] The post Global Food Prices Fall Again in October: FAO appeared first on Modern Diplomacy.