News on Food Prices

The FAO Food Price Index averaged 172.6 points in October 2016, up 1.2 points (0.7 percent) from September and 9.1 percent above the corresponding month last year. Except for a short-lived drop in July, the Index has risen continuously since the start of the year.

In September 2016, the FAO Food Price Index (FFPI) averaged 170.9 points, up almost 5 points (2.9 percent) from August and 10 percent above the corresponding month last year.

Lower retail prices for several foods, including eggs, whole milk, cheddar cheese, chicken breast, sirloin tip roast and ground chuck resulted in a decrease in the American Farm Bureau Federation’s Fall Harvest Marketbasket Survey. However, potato prices were up slightly.

The FAO Food Price Index (FFPI) averaged 165.6 points in August 2016, up 3 points (1.9 percent) from July and almost 7 percent above the corresponding period last year. The August value of the Index is the highest since May 2015.

The FAO Food Price Index (FFPI) - an indicator of global food prices - averaged 161.9 points in July 2016, 1.3 points (0.8 percent) below June and 1.4 percent below the corresponding month last year.

Esta iniciativa de la Organización de Información de Mercados de las Américas (OIMA) con el apoyo de la Agencia para el Desarrollo Internacional de Estados Unidos (USAID), coloca a disposición de productores y entidades vinculadas con el desarrollo de los países, un sistema de consulta rápido, dinámico y sencillo que integra y administra la información de productos agrícolas de importancia en Centroamérica, República Dominicana y Panamá.

The FAO Food Price Index averaged 163.4 points in June 2016, 6.6 points (4.2 percent) higher than in May. Not only did the June increase mark the fifth consecutive monthly rise, but it also represented the largest monthly increase in the past four years.

The FAO Food Price Index (FFPI) averaged 155.8 points in May 2016, 3.2 points (2.1 percent) higher than in April, but still 7 percent below the corresponding period last year.

The FAO Food Price Index (FFPI) averaged 151.8 points in April 2016, up 1.1 points (0.7 percent) from March, but almost 10 percent below its April 2015 level. The small increase in April represented a third month of gradual rise in the value of the FFPI.

The FAO Food Price Index averaged 151.0 points in March 2016, up 1.0 percent from February, but still 12.0 percent below its March 2015 level. A sharp increase in sugar prices and higher oil prices more than offset a drop of the price of dairy products.

The FAO Food Price Index averaged 150.2 points in February 2016, nearly unchanged from January, but 25.6 points (14.5 percent) below February 2015.

The FAO Food Price Index (FFPI) averaged 150.4 points in January 2016, down almost 3 points (1.9 percent) from December and as much as 29 points (16 percent) below January 2015.

The softening Canadian dollar has in many cases driven up the cost of imported produce and this is being reflected in grocery store prices. However, one staple vegetable that has not experienced the same jump in prices is Prince Edward Island Potatoes.

The FAO Food Price Index dropped almost 19% since the start of 2015. In December 2015 the FAO Food Price Index averaged 154.1 points, down 1.5 points (1.0 percent) from its revised November value.

The FAO Food Price Index averaged 156.7 points in November2015, down 2.6 points (1.6 percent) from its revised October average.

After mostly declines since March 2014, the FAO Food Price Index went up sharply in October 2015

The FAO Food Price Index averaged 156.3 points in September 2015, up one point from its sharply reduced August value, but still 18.9 percent less than one year ago.

The FAO Food Price Index averaged 155.7 points in August 2015, down 8.5 points (5.2 percent) from July, the sharpest monthly drop since December 2008.