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FAO, soaring food prices + 12.6% in one month

2022-04-08T09:09:11.646Z


World food prices soared in March, marking an increase of 12.6% compared to February, the highest levels ever. It emerges from the FAO, the index is influenced by the spread of the war. (HANDLE)


(ANSA) - ROME, APRIL 08 - World prices of food products soar in March, marking an increase of 12.6% compared to February, the highest levels ever.

It emerges from the FAO, the index is influenced by the spread of the war.

World prices for wheat increased by 19.7%, aggravated by concerns about crops in the US, while those of the mais recorded a 19.1% increase, one record level, together with those of barley and sorghum.

The Index of vegetable oil lists marks + 23.2%, for the quotations of sunflower oil, of which Ukraine is the main world exporter.


   According to the findings of the FAO, sugar marks + 6.7% compared to February, with more than + 20% compared to March 2021.


   Meat increased by 4.8%, reaching its historic high, driven by rising pork prices due to a shortage in Western Europe.

International poultry prices are also consolidating on the rise, hand in hand with fewer supplies from major exporting countries following outbreaks of avian flu.

The FAO Dairy Price Index, on the other hand, increased by 2.6%, reaching + 23.6% compared to March 2021, with the prices of butter and milk powder soaring due to the surge in imports for deliveries. short and long term, especially from Asian markets.

(HANDLE).


Source: ansa

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