FAO: Global food prices rise to highest level since April 2023



And he scored Food and Agriculture Organization of the United Nations Index (Fav) Prices, which track the most traded basic food products in the world, rose by 127.5 points in November, from 126.9 points in October. This is the highest level in the last 19 months and an increase of 5.7 percent compared to last year.

And it increased Vegetable oil index 7.5 percent above levels seen a month ago and 32 percent above those recorded a year ago, fueled by concerns over lower-than-expected palm oil production due to heavy rainfall in the southeast. Asia.

As noted Soybean oil prices increased due to higher global demand for imports, while sunflower and rapeseed oil also increased.

Indices have decreased Food prices Others.

Prices have fallen Cereals It fell 2.7 percent from October thanks to weak wheat and rice prices, while sugar fell 2.4 percent from October as India and Thailand began to lose ground and concerns over Brazil’s crop outlook eased.

In a separate report, the Food and Agriculture Organization lowered its forecast for global cereal production in 2024 from 2.848 billion metric tons to 2.841 billion metric tons, down 0.6 percent from last year but still second the largest recorded.





Source link

اترك ردّاً

لن يتم نشر عنوان بريدك الإلكتروني. الحقول الإلزامية مشار إليها بـ *