{"id":4358,"date":"2019-08-05T11:00:58","date_gmt":"2019-08-05T08:00:58","guid":{"rendered":"https:\/\/africasustainabilitymatters.com\/?p=4358"},"modified":"2026-01-11T05:30:27","modified_gmt":"2026-01-11T05:30:27","slug":"world-food-prices-slide-marginally-in-july","status":"publish","type":"post","link":"https:\/\/rayscohosting.best\/ASM\/2019\/08\/05\/world-food-prices-slide-marginally-in-july\/","title":{"rendered":"World Food Prices Slide Marginally in July"},"content":{"rendered":"\n<p><strong>By FAO<\/strong><\/p>\n\n\n\n<p>Global food commodity prices saw a slight decline in July, led\nby lower prices for some cereals, dairy and sugar, more than offsetting firmer\nprices for meat and oils. &nbsp;<\/p>\n\n\n\n<p>The<strong>&nbsp;<a href=\"http:\/\/www.fao.org\/worldfoodsituation\/foodpricesindex\/en\/\">FAO&#8217;s Food Price Index (FPI)<\/a><\/strong>&nbsp;&#8211; a\ntrade-weighted index that measures prices of five major food commodities on international\nmarkets &#8211; averaged 170.9 points in July 2019, slipping 1.1 percent below its\nlevel in June but up 2.3 percent from a year earlier.<\/p>\n\n\n\n<p>The&nbsp;<strong>FAO\nCereal Price Index<\/strong>&nbsp;dropped by 2.7 percent from June but is\n4.1 percent above its level in July last year. The overall decline was mainly\ndriven by a slide in wheat and maize prices, reflecting, among others, ample\nexport supplies. By contrast, the rice index marked its fifth successive month\nof stability amid generally quiet market activity.<\/p>\n\n\n\n<p>The&nbsp;<strong>FAO\nVegetable Oil Price Index<\/strong>&nbsp;rose by 0.8 percent in July led\nby firmer soy and sunflower oil prices that balanced out a further drop in palm\noil values. The decline of the latter was largely driven by continued seasonal\nsurge in crop production in Southeast Asia combined with sluggish global import\ndemand.<\/p>\n\n\n\n<p>The&nbsp;<strong>FAO\nMeat Price Index<\/strong>&nbsp;posted a 0.6 percent increase from its\nslightly revised value for June, marking its sixth month-on-month price\nincrease.<\/p>\n\n\n\n<p>Ovine and bovine meat prices rose\nfurther in July, boosted by robust import demand from Asia and weakening\nsupplies from Oceania due to a seasonal decline. On the other hand, prices for\npigmeat dropped slightly after four months of continued increases, reflecting\nlarger export availabilities from Brazil and the United States.<\/p>\n\n\n\n<p>The&nbsp;<strong>FAO\nDairy Price Index<\/strong>&nbsp;declined by 2.9 percent from June,\nrepresenting the second consecutive monthly drop, led by a decline in butter\nquotations followed by cheese and whole milk powder. &nbsp;<\/p>\n\n\n\n<p>The&nbsp;<strong>FAO\nSugar Price Index<\/strong>&nbsp;declined by 0.6 percent from June 2019,\nmainly driven by expectations of higher sugarcane yields in India, the world&#8217;s\nlargest sugar producer. The decline in world prices was partially contained by\na strengthening of the Brazilian Real against the US Dollar, a move that tends\nto restrain exports from Brazil, the world&#8217;s largest sugar exporter.&nbsp;Read <a href=\"http:\/\/www.fao.org\/news\/story\/en\/item\/1203697\/icode\/\">the original\narticle<\/a> on <a href=\"http:\/\/www.fao.org\/home\/en\/\">FAO NEWS<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By FAO Global food commodity prices saw a slight decline in July, led by lower prices for some cereals, dairy and sugar, more than offsetting firmer prices for meat and&hellip;<\/p>\n","protected":false},"author":3,"featured_media":4359,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","pagelayer_contact_templates":[],"_pagelayer_content":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[101],"tags":[],"class_list":["post-4358","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news"],"_links":{"self":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts\/4358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/comments?post=4358"}],"version-history":[{"count":0,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts\/4358\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/media\/4359"}],"wp:attachment":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/media?parent=4358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/categories?post=4358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/tags?post=4358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}