The FAO Dairy Price Index increased by 1.1 percent
The benchmark for world food commodity prices declined for the seventh consecutive month in February, as lower international quotations for all major cereals more than offset rising prices of sugar and meat, the Food and Agriculture Organization of the United Nations (FAO) reported Friday. The FAO Food Price Index, which tracks monthly changes in the international prices of […]
WORLD DAIRY NEWS FAO Dairy Price Index – May 2023-down by 3.2%
The FAO Dairy Price Index averaged 118.7 points in May, down 3.9 points (3.2 percent) from April and standing 25.5 points (17.7 percent) below its corresponding value in 2022. The decline in May was led by a steep drop in international cheese prices, principally due to ample export availabilities, including from inventories, amid seasonally high milk production in […]