World food commodity prices rose in February 2025 due to higher costs in sugar, dairy, and vegetable oils, marking an increase in the FAO Food Price Index.
The benchmark for world food commodity prices recorded an uptick in February 2025, propelled by increased prices in sugar, dairy, and vegetable oils. The Food and Agriculture Organization of the United Nations (FAO) Food Price Index averaged 127.1 points, a 1.6% rise from January. Although the meat price index remained stable, all other indices saw increases. Significantly, the index is 8% higher compared to the previous year but still 21% below the peak of March 2022.
Read More: Get more News from Dairy Sector
The FAO Cereal Price Index showed a modest increase, driven by tighter supplies in Russia and concerns over crop conditions in Europe, Russia, and the US. Meanwhile, the global prices for maize continued their upward trend due to limited supplies in Brazil and Argentina, alongside strong US export demand. Conversely, rice prices declined owing to ample supplies and weak demand.
Vegetable oil prices climbed 2%, mainly supported by price rises across palm, rapeseed, soy, and sunflower oils, with international palm oil prices recovering from a brief January dip.
For dairy, the index rose 4%, with notable increases in cheese and whole milk powder prices, spurred by high global demand and offset by seasonal declines in Oceania’s production. Butter and skim milk powder prices also witnessed increases.
In the meat sector, the index slightly decreased but remained above last year’s level. Bovine meat prices were up due to demand in the US but offset by ample Brazilian supply. Poultry and pig meat prices softened due to high availability, especially from Brazil.
Sugar prices escalated by 6.6% driven by concerns of tight global supplies for the upcoming season.
Join Our “Dairy & Food Jobs Updates” WhatsApp group
Stay informed on all the latest news updates
All Agriculture Books Free Download
All Dairy Technology Books Free Download
All Agricultural Engineering Books Free download
All Horticulture Books Free Download
All Fisheries Science Books Free Download
For Daily Update follow us at:
Facebook Telegram Whatsapp Instagram YouTube
The contents are provided free for noncommercial purpose such as teaching, training, research, extension and self learning.
If you are facing any Problem than fill form Contact Us
If you want share any article related Agriculture with us than send at info@agrimoon.com with your contact detail.
