The  FAO Dairy Price Index  averaged 131.3 points in February, down 3.6 points (2.7%) from January and standing 10.2 points (7.2%) below the corresponding month last year. In February, the decline in the index was driven by lower prices across all dairy products, with the steepest falls in butter and skim milk powder (SMP).  Th…

The FAO Dairy Price Index averaged 139.1 points in December, up 1.5 points (1.1%) from November, registering an increase after five months of consecutive declines and surpassing by 10.1 points (7.9 %) its value a year ago.  In December, international cheese prices rose, mainly reflecting a robust global import demand and somewha…

The  FAO Dairy Price Index  averaged 137.5 points in November, down 1.7 points (1.2%) from October, marking the fifth consecutive monthly decline, but remained 11.6 points (9.2%) above its value a year ago.  In November, international price quotations for skim milk powders fell the most, reflecting lower import demand, as buyer…

The gauge for world food commodity prices declined for the sixth month in a row in September, with sharp drops in the quotations for vegetable oils more than offsetting higher cereal prices, according to a new report released today by the Food and Agriculture Organization of the United Nations (FAO). The FAO Food Price Index …