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The measure of changes in world food commodity prices remained largely steady in November, with declining international prices of cereals, meat and dairy products offsetting increasing quotations for vegetable oils and sugar, the Food and Agriculture Organization of the United Nations (FAO) reported.

The barometer for world food commodity prices declined slightly in June for the third consecutive month, the Food and Agriculture Organization of the United Nations (FAO) reported. The FAO Food Price Index averaged 154.2 points in June 2022, down 2.3 percent from May. The Index, which tracks monthly changes in the international prices of a basket of commonly-traded food commodities, remained, however, 23.1 percent higher than in June 2021.

Conflict, weather extremes, economic shocks, the lingering impacts of COVID-19, and the ripple effects from the war in Ukraine push millions of people in countries across the world into poverty and hunger – as food and fuel price spikes drive nations closer to instability says new hunger hotspots report.

The Food and Agriculture Organization of the United Nations (FAO) is calling for a global Food Import Financing Facility (FIFF) to help poorer countries deal with surging prices as a result of the war in Ukraine.