US EditionWorld food prices reach 18-month high in October, UN says
- World food prices rose in October to an 18-month high, with the U.N. Reporting a price index of 127.4 points, up 2% from September.
- The FAO Vegetable Oil Price Index spiked 7.3% in October, reaching a two-year high due to production concerns.
- The FAO Sugar Price Index increased by 2.6% amid concerns over Brazil's 2024/25 production outlook due to dry weather.
45 Articles
45 Articles
Global food prices reach 18-month high
Paris, France — Global food prices rose in October to their highest level in 18 months, with a sharp increase in the cost of vegetable oil, the Food and Agriculture Organization said on Friday. The FAO Food Price Index, which tracks monthly changes in international prices of a basket of food commodities, reached 127.4 points last month, a two-percent increase from September. READ: World food prices drop for seventh month, says FAO It was the hig…
Global Food Prices Re-Accelerate For Second Month As Situation Remains 'Sticky' - Nemos News Network
The Food and Agriculture Organization of the United Nations’ Food Price Index, which tracks the international prices of a basket of globally traded food, averaged 127.4 in October, up 2% from the prior month and 5.5% from one year ago. This index bottomed and turned higher earlier this year after peaking and falling for much of 2022-23. October’s FAO Food Price Index rise is the second consecutive month of year-over-year increases. The bigge…
World Food Prices Reach 18-Month High in October, UN Says
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