DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Cheang Kang Wei - 1 Cheang - 1 Stephen Nicholson - 1 Patrick T - 1 Fallon - 1 Matthew Biggin - 1 Cindy Ord - 1 Cote - 1
Top related locs:
El Indonesia U.S Redondo Beach , California FactSet Brazil West Africa Ho Chi Minh
Top related orgs:
United Nations - 2 CNBC - 2 FAO - 2 Getty - 1 Food - 1 Agriculture Organization - 1 FAO Food Price - 1 Fitch Solutions - 1

Search resuls for: "FAO Food Price"


4 mentions found


☆ Food prices are at their highest levels in over a year. And these items will get even more expensive
  + stars: | 2024-12-05 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com   time to read: +5 min
Athvisions | E+ | Getty ImagesGlobal food prices recently rose to an 18-month high, with some food baskets expected to continue climbing, according to market watchers. In October, world food commodity prices were at their highest since April 2023, according to the most recent data compiled by the United Nations' Food and Agriculture Organization. The FAO Food Price Index, which monitors the prices of five food baskets: grains, meat, dairy, vegetable oils and sugar, rose by 2% in October, driven primarily by a surge in vegetable oil prices. The index measures raw commodity prices rather than retail costs, but the increase suggests that higher food prices may continue to affect consumers. While coffee and cocoa prices are not reflected in the FAO index, prices of the two commodities face the "most risk," said Biggin.
Persons: Cheang Kang Wei, Cheang, Stephen Nicholson, Patrick T, Fallon, Matthew Biggin, Cindy Ord, Cote Organizations: Getty, United Nations, Food, Agriculture Organization, FAO Food Price, CNBC, Fitch Solutions, BMI, Beef, Rabobank, AFP, Feeder, Chicago Mercantile Exchange, Agriculture, Horticulture Development, FAO, ICE, Cote D'Ivoire, U.S . Intercontinental Exchange, Citi Locations: El, Indonesia, U.S, Redondo Beach , California, FactSet, Brazil, West Africa
☆ Rice prices soar, fanning fears of food inflation spike in Asia
  + stars: | 2023-08-22 | by ( Clement Tan Lee Ying Shan | Clement Tan | Lee Ying Shan | ) www.cnbc.com   time to read: +8 min
"The price of global rice prices is particularly worrying," Qingfeng Zhang, a senior director from the Asian Development Bank, told CNBC. Other than India, food inflation has been relatively tame in Asia so far this year. Underscoring how higher food prices erode purchasing power, ADB suggested at that time that a 10% rise in domestic food prices in developing Asia would push 64.4 million into poverty, based on the $1.25-a-day poverty line. Moreover, this spike in rice prices is happening amidst widespread lower food prices. watch nowThis means any spikes in food prices will only translate to food inflation toward the end of this year or early 2024.
Persons: Qingfeng Zhang, El Niño, Niño, Erica Tay, Tay, Tay . Rice, Xi Jinping, Morgan Stanley, Maybank Nomura, Sonal Varma, Si Ying Toh, Nomura, Paul Hughes, Hughes, Global's Hughes Organizations: Istock, Asian Development Bank, CNBC, ADB, United Nations, FAO, Tay . Locations: Ho Chi Minh, Vietnam, Asia, India, Thailand, China, Myanmar, Cambodia, Tay, U.S, El, Australia, Pacific, Singapore, Hong Kong, Indonesia, South Korea, Philippines, Malaysia
☆ War and drought drove global food prices to record high in 2022
  + stars: | 2023-01-07 | by ( Associated Press | ) www.nbcnews.com   time to read: +3 min
The FAO Food Price Index, which tracks monthly changes in the international prices of commonly traded food commodities, dipped by 1.9% in December from a month earlier, the Rome-based organization said Friday. “Calmer food commodity prices are welcome after two very volatile years,” FAO chief economist Maximo Torero said in a prepared statement. With critical Black Sea supplies disrupted, food prices rose to record highs, increasing inflation, poverty and food insecurity in developing nations that rely on imports. The organization’s Vegetable Oil Price Index hit an all-time high last year, even as it tumbled in December to its lowest level since February 2021. For all of 2022, the FAO Dairy Price Index and Meat Price Index also were the highest since 1990.
☆ What investors watch out for in emerging markets in 2023
  + stars: | 2022-12-28 | by ( Jorgelina Do Rosario Karin Strohecker | Jorgelina Do Rosario | Karin Strohecker | ) www.reuters.com   time to read: +6 min
Below are the events, trends and topics investors expect to shape the outlook for emerging markets next year. "The economic downturns along with the aggressive monetary tightening and geopolitical and commodity shocks that induce them will be temporarily painful in financial and emerging markets," said David Folkerts-Landau, group chief economist at Deutsche Bank. Globally, the war has transformed energy markets and inflation pressures, food security and geopolitical risk perception - factors that are often more keenly felt in emerging economies. "There's not actually a lot of debt maturing next year," said Carmen Altenkirch, emerging markets sovereign analyst at Aviva Investors. 6/ TURKEY ELECTIONSPresident Tayyip Erdogan could face the biggest political challenge of his two decades in power as Turks head to the ballot box in the most high-profile vote in emerging markets.
0 next >>
Total: 4