NASHVILLE, TENN. (RFD NEWS) — After five straight months of decline, the FAO Food Price Index, released on Friday morning, shows increases in several areas. The overall index gained just under one percent.
Cereals, meats, and vegetable oils all saw gains, offsetting declines in dairy and sugar. Sugar saw the largest decline at 4.1 percent, hitting the lowest level since October 2020.
The vegetable oil index saw the largest gain, up 3.3 percent on the month.
Cereals gained 1.1 percent while the meat index rose 0.8 percent.
Related Stories
Slightly higher output amid softer gasoline pull points to steady corn grind — watch regional stocks and export pace for basis clues.
Expect firm calf and fed-cattle prices — pair selective heifer retention with prudent hedging and liquidity to bridge rebuilding costs.
The Louisiana cotton crop is the smallest on record, but strong yields are a silver lining. LSU AgCenter’s Craig Gautreaux reports from northeast Louisiana.
Using FEMA and USDA data, Trace One researchers estimate average annual U.S. agricultural losses of $3.48 billion, with drought accounting for more than half.
Soybean farmer and Arkansas Lt. Gov. Leslie Rutledge highlights why the U.S. trade standoff with China is especially critical for Arkansas producers.
The new antitrust agreement between the Department of Justice (DOJ) and the U.S. Department of Agriculture (USDA) aims to enforce antitrust laws and monitor market activity across the ag sector.
