2021 FAO Food Price Index fell 1.1 points to 126.8, driven by lower sugar, dairy, and vegetable oil prices; grain and meat prices rose.
In August 2021, the UN's Food and Agriculture Organization (FAO) reported a slight decline in its Food Price Index, which fell by 1.1 points to 126.8. This decrease was driven by lower prices for sugar, dairy, and vegetable oils. However, prices for grains and meat continued to rise, with cereal prices up 1.5% and meat prices up 0.9%. The FAO cautioned that food prices remain historically high, posing significant risks to global food security.
September 06, 2024
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