World Food Situation. FAO Food Price Index; FAO Cereal Supply and Demand Brief; FAO Food Price Indices. The FAO Food Price Index is a measure of the monthly change in international prices of a basket of food commodities. The FAO Food Commodity Price Indices show changes in monthly international prices of major food commodities. The FAO Food Price Index, a measure of the monthly change in international prices of a basket of food commodities, averaged 163.5 points in October, down 0.9 percent from September and 7.4 percent below its level a year earlier. In contrast the FAO Meat Price Index averaged 168 points in July, down 1.7 percent, or 3 points from June and the third consecutive monthly fall. Market weakness characterized the four major meat sectors, in particular pigmeat, which saw prices fall by 3.6 percent. For 2019 as a whole, the FAO Dairy Price Index averaged nearly 199 points, up 5.8 points (3.0 percent) from 2018, with SMP prices registering the sharpest year-on-year increase, followed by cheese and WMP, while butter values averaged lower. The FAO Meat Price Index* averaged 191.6 points in December, almost unchanged from its revised November value. At this level, the index is 29 points (18 percent) above its corresponding month in 2018, though still well below (by 20.0 points) its peak
FAO food price index[edit]. Annual real food price indices. The peaks in 2008 and 2011 indicate global food crises.
The FAO Food Price Index (FFPI) averaged 173.5 points in April 2018, nearly unchanged from March but up 2.7 percent from the corresponding period last year. While the prices of most cereals and dairy products continued to increase in April, sugar prices fell further. Vegetable oil and meat markets also remained under downward pressure. The FAO Food Price Index is a measure of the monthly change in international prices of a basket of food commodities. It consists of the average of five commodity group price indices (representing 55 quotations), weighted with the average export shares of each of the groups for 2002-2004. The FAO Food Price Index averaged 170.8 points in February, up 1.1% from the previous month and now just 2.7% below its year-ago level. The FAO Dairy Price Index saw an increase of 6.2%. The "Food Price Index", or FFPI as it is also known, is compiled by the Food and Agriculture Organization (FAO) of the United Nations. Also to FAO.org, the Food Price Index is "a measure of the monthly change in international prices of a basket of food commodities". The FAO Food Price Index, which tracks monthly changes in the international prices of commonly-traded food commodities, averaged 170 points in September, virtually unchanged from August and 3.3 Global food prices began the year on a buoyant note, as the FAO Food Price Index averaged 164.8 points in January 2019, up 1.8 percent from the previous month. A sharp rebound in dairy price quotations and firmer prices of palm and soy oils drove the increase, the United Nations agency said today. The FAO Sugar Price Index rose 5.5 percent, propelled by expectations of much lower sugar output in several major producing countries. The FAO Cereal Price Index rose 2.9 percent from December, led by higher wheat prices, followed by maize and rice.
6 Feb 2020 FAO Food Price Index rises for the fourth consecutive month, with prices of most commonly-traded food commodities up. Photo: FAO/Maxim
For 2019 as a whole, the FAO Dairy Price Index averaged nearly 199 points, up 5.8 points (3.0 percent) from 2018, with SMP prices registering the sharpest year-on-year increase, followed by cheese and WMP, while butter values averaged lower. The FAO Meat Price Index* averaged 191.6 points in December, almost unchanged from its revised November value. At this level, the index is 29 points (18 percent) above its corresponding month in 2018, though still well below (by 20.0 points) its peak The FAO Food Price Index* (FFPI) averaged 182.5 points in January 2020, up 1.3 points (0.7 percent) from December 2019 and 11.3 percent higher than the same month last year. The increase in January marked the fourth consecutive month that FFPI has been on the upward trend. In January 2018, the FAO Food Price Index rose by 1.8 percent from its end-of-the-year levels. This increase was driven mainly by a sharp rise in dairy prices, as well as slighter increases in vegetable oil and sugar prices. The Index remained 2.2 percent below January 2017 levels, however. Meat prices, meanwhile, remained stable. The FAO Food Price Index averaged 164.6 points in July, down 1.0 per cent from June, and 19.4 percent from a year earlier. The trade-weighted index tracks prices on international markets of five major food commodity groups: cereals, meat, dairy products, vegetable oils and sugar.
