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UN Food and Agriculture Organization reports global food price reduction

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food commodity prices

UN Food and Agriculture Organization reports global food price reduction

July 15, 2022 by Asia Food Journal

global food price reduction

Worldwide food prices continued to fall for three straight months, according to the latest United Nations Food and Agriculture Organization (FAO). Global food prices reached historic highs in March, but the recent report from the UN FAO show improvements. While still above the past year’s data, the FAO food price index, which tracks the changes in the basket of food commodity prices, fell by 2.3 percent in June compared to May.  The drop in prices was stirred by an overall reduction … [Read more...] about UN Food and Agriculture Organization reports global food price reduction

Other Topics: food commodity prices, Food price index, Global food prices, market insights

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