The  FAO Dairy Price Index   averaged 146.4 points in July, down 3.8 points (2.5%) from June, but still 29.7 points (25.4%) above its value in July of last year.  International quotations for skim milk powder registered the steepest decline, followed by those of butter and whole milk powder, principally reflecting lacklustre m…

The FAO Food Price Index averaged 154.2 points in June 2022, down 2.3 percent from May. The Index, which tracks monthly changes in the international prices of a basket of commonly-traded food commodities, remained, however, 23.1 percent higher than in June 2021. The drop in June reflected declines in the international prices of …

The  FAO Dairy Price Index   averaged 149.8 points in June, up 5.9 points (4.1%) from May and as much as 29.9 points (24.9%) above its June 2021 value. In June, international prices of all dairy products increased.  Quotations for cheese rose the most, underpinned by a surge in import demand for spot supplies amid market concer…