Welcome To Website IAS

Hot news
Achievement

Independence Award

- First Rank - Second Rank - Third Rank

Labour Award

- First Rank - Second Rank -Third Rank

National Award

 - Study on food stuff for animal(2005)

 - Study on rice breeding for export and domestic consumption(2005)

VIFOTEC Award

- Hybrid Maize by Single Cross V2002 (2003)

- Tomato Grafting to Manage Ralstonia Disease(2005)

- Cassava variety KM140(2010)

Centres
Website links
Vietnamese calendar
Library
Visitors summary
 Curently online :  3
 Total visitors :  4282118

World food prices continue rising in December
Friday, 2020/01/17 | 08:23:19

FAO Food Price Index hits highest level in five years amid strong biofuel demand for palm oil and sugarcane

 

FAO News - 9 January 2020, Rome - World food prices rose for the third consecutive month in December, as a strong rally in vegetable oil prices drove the FAO Food Price Index to its highest level in five years.

 

The FAO Food Price Index averaged 181.7 points during the month, a 2.5 percent increase from November and the highest level since December 2014.

 

For 2019 as a whole, the index - which tracks monthly changes in the international prices of commonly-traded food commodities - averaged 171.5 points, some 1.8 percent higher than in 2018 but still 25 percent below its peak in 2011.

 

The FAO Vegetable Oil Price Index rose 9.4 percent from November, increasing for the sixth consecutive month. The latest upturn was once again driven by palm oil prices, buoyed by both solid demand, especially from the biodiesel sector, and concerns about tightening supplies. Despite the December increase - which also concerned soy, sunflower and rapeseed oils - the vegetable oil sub-index had over the course of 2019 reached its lowest annual average since 2007.

 

The FAO Sugar Price Index rose 4.8 percent from November. The rally was in part prompted by rising crude oil prices, which encouraged Brazil's sugar mills to use more sugarcane supplies to produce ethanol, leading to reduced sugar availability in the global market.

 

The FAO Dairy Price Index increased by 3.3 percent during the month, led by cheese prices, which rose by almost 8 percent amid tighter export availabilities from the European Union and Oceania.

 

The FAO Cereal Price Index rose 1.4 percent, driven mainly by wheat prices amid accelerating import demand from China and logistical problems in France due to continued protests in the country. However, maize and rice price quotations remained broadly stable.

 

The FAO Meat Price Index averaged 191.6 points in December, almost unchanged from its revised November value. The sub-index ended the year 18 percent higher than in December 2018, driven by pig meat quotations both by solid import demand from Asia and pre-festivity internal demand in the European Union and Brazil.

 

See http://www.fao.org/home/en/

Back      Print      View: 21

[ Other News ]___________________________________________________
  • Egypt Holds Workshop on New Biotech Applications
  • UN Agencies Urge Transformation of Food Systems
  • Taiwan strongly supports management of brown planthopper—a major threat to rice production
  • IRRI Director General enjoins ASEAN states to invest in science for global food security
  • Rabies: Educate, vaccinate and eliminate
  • “As a wife I will help, manage, and love”: The value of qualitative research in understanding land tenure and gender in Ghana
  • CIP Director General Wells Reflects on CIP’s 45th Anniversary
  • Setting the record straight on oil palm and peat in SE Asia
  • Why insect pests love monocultures, and how plant diversity could change that
  • Researchers Modify Yeast to Show How Plants Respond to Auxin
  • GM Maize MIR162 Harvested in Large Scale Field Trial in Vinh Phuc, Vietnam
  • Conference Tackles Legal Obligations and Compensation on Biosafety Regulations in Vietnam
  • Iloilo Stakeholders Informed about New Biosafety Regulations in PH
  • Global wheat and rice harvests poised to set new record
  • GM Maize Harvested in Vietnam Field Trial Sites
  • New label for mountain products puts premium on biological and cultural diversity
  • The Nobel Prize in Physiology or Medicine 2016
  • Shalabh Dixit: The link between rice genes and rice farmers
  • People need affordable food, but prices must provide decent livelihoods for small-scale family farmers
  • GM Seeds Market Growth to Increase through 2020 Due to Rise in Biofuels Use
Designed & Powered by WEBSO CO.,LTD