For the year the FAO World Price Index increased by 30%

2021-05-07 12:03:03
Machine translation
For the year the FAO World Price Index increased by 30%

< span style = " font-size: 14px;">in April, the average value of the grain price index FAO increased compared to March, when it temporarily decreased, by 1.2% or 1.5 p. to 125.1 P., which is 26% or 25.8 p. higher than in April 2020

 

< span style="font-size:14px;">the resumption of global grain price growth is driven by more modest-than-expected us sowing plans and concerns about the fate of crops in Brazil, Argentina and the United States. Against the background of high demand and reduced supply, corn prices in April increased by 5.7% and by 66.7% exceeded the corresponding indicator last year, and now remain at the highest level since mid-2013.

 

< span style="font-size:14px;">prices for other feed grains decreased slightly in April, in particular for barley – by 1.2%, and for sorghum – by 1%, but they are 26.8% and 86.5%, respectively, higher than in the same period last year. Global wheat prices remained stable in April, but were 17% higher than in April 2020.

 

the average value of thevegetable oil price index < /strong> FAO in April increased by 1.8% or 2.9 p. compared to march to 162 p. at the same time, the drop in sunflower oil prices was offset by a rise in the price of soybean, rapeseed and palm oil.

 

in general, the average value of the food price index < /strong > FAO in April increased by 1.7% or 2 p. to 120.9 p., which is 30.8% or 28.4 p. higher than the corresponding indicator of the previous year.

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