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FAO: Food prices grow, meat most

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FAO: Food prices grow, meat most
Photo: agencies

Food prices increased in April to the highest value in two years, encouraged by significant price of meat and milk and dairy products, the United Nations Food and Agriculture Organization (FAO) was announced.

Their food price index in April was on average 128.3 points and was a day higher than in March, the day is reported.

Its value is the highest from April 2023. years.

In April, the most rose meat, 3.2 percent compared to March, reflecting primarily jumping pork prices, sebiz.

They significantly increased and dairy, 2.4 percent, with the highest price of butter since FAO publishes data, due to the fall in stock in Europe.

The prices of cereals, 1.2 percent compared to March, have risen significantly. Wheat has not yet yet reappeared, since due to seasonally conditioned lower stocks in the United States (USA) and currency exchange rate movements. Plant oils cheaper 2.3 percent compared to March, due to increased production in Southeast Asia countries.

Meat more expensive 3.2 percent is a reduced supply from Russia and a stronger demand under the influence of a weaker dollar, first towards the euro, neutralized increased uncertainty in trade and economies in general.

The prices of corn rose, while the prices of oil were retained at the March level.

Compared to April last year, vegetable oils remain 20.7 percent. In April, the sugar was cheaper in April in relation to March, under the influence of uncertain appearance for the global economy and the possible impact of possible negative trends in the sugar demand in the food industry, the largest consumer, banker.

(Vijesti.ba)


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