NASHVILLE, TENN. (RFD-TV) — The FAO Food Price Index for November reveals global food prices are continuing a downward trend. The index fell by more than 1 percent last month, marking the third straight month of declines.
Dairy, meat, sugar, and vegetable oil indices all fell, with sugar seeing the most significant drop at nearly 6 percent.
The cereal index was the only one to gain, rising just shy of 2 percent.
The overall index remains 22 percent off the record highs we saw back in March 2022.
Related Stories
Sponsored
Matt Dolch with Syngenta discusses rootworm pressure, the latest trait technologies, and how corn growers can plan for 2027.
CME Group Executive Director of Ag Research Fred Seamon discusses the recent rise in farmer sentiment highlighted in the March Ag Economy Barometer report.
Corn Inspections Lead Weekly Exports as China Reenters U.S. Grain Market, Resumes Canada Trade Talks
Strong corn and China-driven demand support the pace of U.S. grain exports. RealAg Radio host Shaun Haney discusses Canada-China agricultural trade talks.
Local groups distribute potatoes to support hundreds of families across the Idaho Panhandle to celebrate Volunteer Appreciation Month.
Rich Nelson with Allendale joined us to break down early planting progress, market expectations, and what producers should keep an eye on as the season moves forward.
Dr. Michael Langemeier with Purdue University provided perspective on the improving farmer sentiment and the trends shaping the agricultural economy moving forward.
