The Fao Nutrient Toll Index Rose Farther Inwards May

From the U.N.'s Food in addition to Agricultural Organization, June 7:

» The FAO Food Price Index* (FFPI) averaged 176.2 points inward May 2018, upward 2.2 points (1.2 percent) from Apr grade in addition to hitting its highest grade since Oct 2017. The increment inward May reflected a continued steep ascension inward dairy cost quotations, spell those of cereals also rose, albeit at a slower pace. By contrast, vegetable stone oil in addition to carbohydrate markets remained nether downward pressure level whereas meat values changed little.

» The FAO Cereal Price Index averaged 172.9 points inward May, 4.1 points (2.4 percent) inward a higher identify its Apr level. The index continued on an upward path since the outset of this year, standing inward May at almost 17 per centum inward a higher identify its corresponding value a yr agone in addition to reaching the highest grade since Jan 2015. International prices of all major cereals accept strengthened considerably inward recent months, in addition to inward May wheat values gained largely on concerns over production prospects inward a pose out of major exporting countries. International prices of leading coarse grains also rose, by in addition to large due to deteriorating production prospects inward Argentine Republic in addition to Brazil. Sizable purchases yesteryear Southeast Asian buyers kept international rice prices theatre inward May, notwithstanding weaker currencies of or thus operate yesteryear exporting countries in addition to soft necessitate for aromatic in addition to parboiled rice.

» The FAO Vegetable Oil Price Index averaged 150.6 points inward May, downwards yesteryear 4 points (2.6 percent) month-on-month, marker a 4th consecutive turn down in addition to a 27-month low. The slide mainly reflects weakening values of palm, soy in addition to sunflower oils, whereas rapeseed stone oil prices rebounded from their April’s multi-month low. As for palm oil, despite prospective production slowdowns inward Southeast Asia, international prices barbarous due to sluggish global import necessitate in addition to large inventories compared to final year. In the illustration of soy oil, ample supplies in addition to stocks resulting from meal-driven crushing continued to weigh on footing prices. The ascension inward rapeseed stone oil prices mainly reflected concerns near unfavourable weather condition conditions affecting the 2018/19 crop inward parts of Europe.

» The FAO Dairy Price Index averaged 215.2 points inward May, upward xi points (5.5 percent) from Apr in addition to marks the 4th calendar month inward a row for the index to rise. The index value stood at 11.5 per centum higher than inward May 2017, yet notwithstanding 22 per centum below the elevation reached inward Feb 2014. The rise in May was mainly driven yesteryear sizeable increases inward the cost quotations of cheese, Skim Milk Powder (SMP) in addition to butter, equally those of Whole Milk Powder (WMP) were virtually unchanged. Tight supplies inward New Zealand, the leading exporter of dairy products, are much behind the marketplace firmness witnessed inward recent months....MUCH MORE