Saudi Arabia bans grocery stores from selling tobacco products    Saudi Arabia to expand railway network by over 50% under transport strategy    'Not our war' — Trump's Nato weapons deal for Ukraine sparks MAGA anger    Saudi Arabia voices support for Syria's unity, condemns Israeli violations    Health official warns against unsupervised use of weight-loss drugs like Ozempic, Mounjaro    GASTAT: Inflation remains stable at 2.3% in June    Saudi Arabia leads MENA in venture capital with $860 million in H1 2025    Saudi tech and innovation delegation explores AI and space partnerships in UK    SFDA refers illegal cosmetics facility to prosecution over expiry date tampering    King Salman chairs Cabinet session, endorses international cooperation and national development initiatives    'Why are you not preventing settler terrorism': Palestinians call out IDF following beating death of American    Former Israeli leader says 'humanitarian city' in Gaza would be a 'concentration camp'    King Fahad National Library extends weekend hours    Biggest human imaging study scans 100,000th person    Beyoncé's unreleased music stolen from car during Cowboy Carter tour    First Harry Potter image released as production begins    Jorge Jesus returns to Saudi Arabia as Al Nassr head coach on one-year deal    Jannik Sinner beats Carlos Alcaraz to win his maiden Wimbledon title    Chelsea defeat PSG 3-0 to win first expanded Club World Cup    Theo Hernández: Al Hilal can compete with Europe's best    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



World food prices hit six-month low in July - FAO
Published in Saudi Press Agency on 07 - 08 - 2014

Global food prices hit a six-month low in July led mainly by sharp declines in grains, oilseeds and dairy, which balanced out rising meat and firm sugar prices, the United Nations food agency said on Thursday, according to Reuters.
The Food and Agriculture Organisation's (FAO) price index, which measures monthly price changes for a basket of cereals, oilseeds, dairy, meat and sugar, averaged 203.9 points in July, down 4.4 points or 2.1 percent from June.
The figure was 3.5 points or 1.7 percent below July 2013.
FAO's cereal price index averaged 185.4 points in July, down 10.7 points or 5.5 percent from June, and as much as 36.9 points below the year-ago level, mainly due to excellent production prospects in many major producing countries and the expectation of abundant exportable supplies, FAO said.
FAO raised its outlook for global cereal production by 18 million tonnes to 2.498 billion tonnes.
FAO revised its estimate for world cereals stocks at the end of the 2015 season to 604.1 million tonnes, 5 percent higher than its previous estimate of 576 million tonnes.


Clic here to read the story from its source.