World’s food prices rising for the third month in the meant

The biggest growth was recorded in sugar categories, dairy products and vegetable oils, while the meat price index remained stable.

• Export prices for wheat have increased due to the reduction of domestic reserves in the Russian Federation, which limited export volumes and transferred demand for other suppliers, rising prices in the world. Additional pressure creates anxiety about adverse weather conditions in Europe, Russia and USA.

• World prices for corn continue to rise due to the reduction of periodic reserves in Brazil, a breakdown in the state of harvesting in Argentina and high export demand for American corn.

• Barley and Sorghum prices have also increased.

• At the same time, the FAO Rice Index fell 6.8% in February due to a huge export reserve and weak import demand.

• Palm oil prices were resumed after the decline of January, associated with a reduction in the work -up -time labor in Southeast Asia and the hope of an increase in demand from Indonesia’s dimensions.

• World prices for soy oil have increased due to stable high demand, especially in the food sector.

• Increasing the cost of sunflower and rapeseed oils is due to fear of possible reduction of stocks in the coming months.

• Prices for poultry meat have been reduced due to excessive worldwide equipment due to Brazil’s high export capabilities.

• The pork has fallen in price due to the decline of excerpts in the EU, especially against the background of German pig trade restrictions.

• Baranin prices have increased due to high demand in the world market. At the same time, the collapse of exports from New Zealand has been slightly paid by the growth of the face in Australia.

• Beef has risen due to the growth of Australian prices and high global demand, especially from the United States, although this growth is partially -level by reducing prices in Brazil due to excess cattle.

• Cheese prices rose 4.7% of the third month later due to high imported demand, despite the continuation of labor in Europe.

• Prices for dry whole milk increased by 4.4%, which is associated with active demand and absence of labor in Oceania.

• Butter increased by 2.6%, as the periodic reduction in oceania was in conjunction with high internal and international demand.

• Similar milk powder has added 1.8% due to the balance between growing production in Europe and the reduction in Oceania output.

• The main factor in growth is the fear of reducing world stocks during 2024/25.

• The degradation of production prospects in India and adverse conditions in Brazil enhanced the epic effect.

• Brazil’s Real Madrid strengthening the US dollar has also contributed to the growth of world prices for sugar due to a reduction in Brazil’s sugarcane.