China News Service, Beijing, October 7 (Liu Wenwen) The latest report released by the United Nations Food and Agriculture Organization on the 7th showed that the global food price index in September was 136.3 points, down 1.1% from the previous month, but still 5.5% higher than the same period last year.
So far, the global food price index has fallen for six consecutive months.
The data showed that the FAO Vegetable Oil Price Index fell 6.6% in September, the lowest level since February 2021, and was the main driver of the decline in the food price index in September.
The FAO Dairy Price Index fell 0.6% month-on-month in September, largely reflecting the impact of the depreciation of the euro against the US dollar on world dairy prices, as well as market uncertainty and a bleak outlook for global economic growth.
The FAO Cereal Price Index rose 1.5 percent month-on-month in September.
Among them, the international wheat price rebounded by 2.2%. On the one hand, the drought situation in Argentina and the United States caused market concerns. On the other hand, the demand for wheat in the EU increased. At the same time, the export speed of the EU was relatively fast. Uncertainty about extension is heightened.
World corn prices were largely stable, with a firmer U.S. dollar offsetting tighter supply pressures on corn prices despite further tightening prospects for U.S. and EU production.
On the same day, in the latest issue of "Grain Supply and Demand Briefing", FAO again lowered its 2022 cereal production forecast to 2.768 billion tons, a year-on-year decrease of 1.7%.
According to the latest "Crop Prospects and Food Situation" quarterly report released by FAO's Global Food and Agriculture Information and Early Warning System on the same day, 45 countries around the world need external food assistance, including 33 African countries, 9 Asian countries, 2 Latin American countries Americas and the Caribbean countries and 1 European country.
(Finish)