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
Understanding the Big, Beautiful Bill’s complex impact on SNAP benefits – that’s the topic of today’s Firm to Farm blog post by RFD-TV’s legal expert, Roger McEowen.
Rather than making “cuts” to SNAP, as has been claimed, the One Big Beautiful Bill merely modifies the program’s funding structure.
U.S. producers are holding off on equipment investments amid financial pressure, market uncertainty, a rising demand for diesel, and growing desperation for trade wins.
How many burgers could you buy instead of a house?
The Consumer Price Index rose 0.4 percent in August, led by higher shelter, food, and gasoline prices. Year over year, inflation is up 2.9 percent.
The Supplemental Nutrition Assistance Program (SNAP) was once again on the national stage, front and center this week before the House Agriculture Committee.
