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The FAO Food Price Index fell in July. Sharpest monthly drop since December 2017

The FAO Food Price Index(FFPI) averaged 168.8 points in July 2018, down as much as 6.5 points (3.7 percent) from June and 10.3 points (3.7 percent) from the corresponding period last year. The July fall marked the first significant month-on-month decline in the value of the FFPI since December 2017, reflecting notable drops in the values of all sub-indices. The FAO Dairy Price Index averaged 199.1 points in July, down 14.1 points (6.6 percent) from June. At this level, the index stood at 10.7 percent above January 2018 but still 8 percent below...

 
FAO Food Price Index rises further in July

FAO reports that the FAO Food Price Index — a monthly trade-weighted index tracking international market prices of five major food commodity groups — averaged 179.1 points in July, its highest value since January 2015, marking a 2.3 per cent increase from June 2017 and 10.2 per cent rise from its level a year earlier. The FAO Cereal Price Index was up 5.1 per cent in July. The Index has been rising consistently over the past three months, supported by firmer wheat and rice quotations. Wheat values ro...

 
The European Bank for reconstruction and development (EBRD) and FAO implemented the project for farmers in Sumy region

To help farmers of Ukraine European Bank for reconstruction and development (EBRD) and Food and Agriculture organization of the UN (FAO) has teamed up with private companies and scientific experts. A technical cooperation project is aimed at training farmers in Ukraine and is financed by the Central European initiative.   The training included theory and practice: there have been several...