– Global food commodity prices edged higher in June, supported by higher meat, dairy and vegetable oil prices, the United Nations’ Food and Agriculture Organization said on Friday.
The FAO Food Price Index, which tracks monthly changes in a basket of internationally traded food commodities, averaged 128.0 points in June, down 0.5 per cent from May’s figure.
In a separate report, the FAO forecast global cereal production of 2.925 billion metric tons in 2025, up 0.5 per cent from the previous estimate of 2.911 billion.
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Published on July 4, 2025