Global Production The FAO Food Price Index rises mostly on higher dairy prices

by Editor fleischwirtschaft.com
Wednesday, March 13, 2019
The FAO Meat Price Index was up slightly, supported by higher prices of bovine and pig meat.
Photo: pixabay/guvo59
The FAO Meat Price Index was up slightly, supported by higher prices of bovine and pig meat.

Global food prices rose in February, with the FAO Food Price Index averaging 167.5 points, up 1.7% from January, in part driven up by sharp increases in dairy prices.

The Index, which is an indicator of the monthly changes in international prices of a basket of food commodities, is currently at its highest level since August 2018, but still nearly 2.3% below its value at the same month last year.

The FAO Meat Price Index was up slightly, supported by higher prices of bovine and pig meat.

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