Homepage  Homepage     Search on site  Search on site     To write the letter  To write the letter     Site map  Site map
Agro Perspectiva
We are on: 
   
 


Home > News > News

International quotations for sugar, vegetable oils and coarse grains increased from July

05.09.2020 09:25 "Agro Perspectiva" (Kyiv) Global food prices rose for the third consecutive month in August, influenced by generally firmer demand and a weaker U.S. dollar, according to a report released by the Food and Agriculture Organization of the United Nations.

The FAO Food Price Index, which tracks the international prices of the most commonly traded food commodities, averaged 96.1 points in August, up 2.0 percent from the previous month and reaching its highest level since February 2020.

The FAO Cereal Price Index rose by 1.9 percent from July, averaging 7.0 percent above its value in August 2019, with coarse grains leading the rise. Sorghum prices rose 8.6 percent - and stood at 33.4 percent above their year-ago level, mostly on the back of strong import demand by China. Maize prices rose 2.2 percent amid concerns that recent crop damages in Iowa would impact supply. International rice prices also rose, underpinned by seasonally tight availabilities and increasing African demand.

The FAO Sugar Price Index rose by 6.7 percent from the previous month, reflecting reduced production prospects due to unfavorable weather conditions in the European Union and Thailand, the world's second-largest sugar exporter, as well as strong import demand by China.

The FAO Vegetable Oil Price Index increased by 5.9 percent, led by firmer values for palm oil especially, but also soy, sunflower and rapeseed oils. The moves mainly reflect prospective production slowdowns in leading palm oil producing countries amid firm global import demand.

The FAO Dairy Price Index was virtually unchanged from July, with cheese and whole milk powder quotations declining amid expectations of ample seasonal export availabilities in Oceania, while butter prices rose due to tightening export availabilities in Europe in the wake of the August heat wave reducing milk output.

The FAO Meat Price Index was also almost unchanged since July - although down 8.9 percent from August 2019 - as the effect of lower import demand for bovine, poultry and ovine meats was offset by surging import demand for pigmeat from China.

Agro Perspectiva

< EBRD providing EUR10 million loan to Ukraines Agrofusion All news for
05.09.2020
Cereal supplies to remain ample in 2020/21 despite this months cut in global production forecast >

26.01.2021  
17:10 Economy Ministry announces market agreement to limit corn export from Ukraine in 2020/2021 MY to 24 mln tonnes
13:33 China Lowers Applied MFN Tariff Rates and Revises Out of Quota TRQ Rates
21.01.2021  
11:28 Ukraine plans to return to sending IMF borrowing into NBU FX reserves by 2023 Finance minister
09:15 Honey exports from Ukraine increase in monetary terms by 27.2% in 2020
20.01.2021  
21:25 Agricultural production in Ukraine falls by 11.5% in 2020 statistics
21:17 Ukraine increases imports of chocolate by 25.7%, coffee by 15.4% in 2020
13.01.2021  
17:25 China Demand and Global Supply Concerns Drive U.S. Soybean Price Higher
16:30 China Meat Consumption Expected to Rebound in 2021
10:50 Despite Grain Export Restrictions, Russia to Reclaim Top Wheat Export Position
31.12.2020  
16:37 2020 in review: Focus on staff well-being drives FAO forward
15:36 Sustainabilitys influence on chocolate purchase decisions continues to grow, Cargill study finds
13:35 Malaysia. Palm oil (CPO) production forecast - 19.6 million MT
28.12.2020  
15:09 Serbias total area wheat crop is estimated at 600,000 ha
14:10 India. Winter temperatures this coming December through February, along with precipitation will be critical
24.12.2020  
17:15 Make #NotWasting food a personal resolution
16:15 Two cases of HPAI on duck farms in France threatening the foie gras industry
22.12.2020  
21:25 Philip Morris files suit against Ukraine in intl investment arbitration due to AMCU penalty
21:00 FAO moves to scale up response to Fall Armyworm as pest continues to spread
17.12.2020  
17:15 Global Environment Facility approves over $78 million to support FAO-led projects
16:38 Desert Locust upsurge continues to threaten food security in Horn of Africa and Yemen despite intense efforts
11.12.2020  
15:55 India Tariff Cut Boosts Palm Oil Imports
13:31 Global Wheat Prices Supported by Record Global Imports
08.12.2020  
13:00 Jose Carlos Corral Montilla appointed to Managing Director of BTC Europe
12:10 Chile. Avocado exports will reach 145,000 MT, assuming planted area and productivity remain unchanged
07.12.2020  
15:30 Cargill, IFPEN and Axens collaborate to advance lactic-to-acrylic-acid technology
04.12.2020  
14:15 World 2020 cereal production forecast reduced further
13:50 FAO Food Price Index rises sharply
13:25 EBRD supports Ukrainian pet food producer Kormotech
03.12.2020  
16:10 Thailand: Rice export prices increased 1-3 percent
16:05 FAO and partners advocate for inclusive food systems to combat rural poverty
01.12.2020  
14:05 Draft state budget for 2021 submitted to Rada for consideration at second reading
30.11.2020  
15:10 Belgian Regains African Swine Fever-Free Status
29.11.2020  
01:20 HPAI Detected in Commercial Turkey Flock in Sweden
25.11.2020  
13:50 Poland has been the EUs largest turkey meat producer since 2017
12:01 Global 2020/21 Sugar Production is Estimated Higher United States, India, and Brazil Up 10 to 40 Percent
10:50 HPAI Detected in Commercial Flock in Denmark
23.11.2020  
17:10 FAO urges G20 to support farmers, protect the vulnerable and invest in innovation
18.11.2020  
17:00 Decline of Ukraine's GDP slows to 3.5% in Q3, 2020 statistics
16:35 Bulgarian grain trading has been slower than the previous season
12.11.2020  
12:21 Bosch and BASF establish joint venture for digital technologies in the agricultural sector
08:50 Lower Sunflower Seed Production in Ukraine and Russia Tightens Global Oilseed Supplies
10.11.2020  
17:00 Global almond production for 2020/21 is forecast 15 percent higher to 1.7 MMT
09.11.2020  
10:48 Despite a cut in world cereal production, this years forecast output remains an all-time high
08.11.2020  
14:50 Global food prices continue rising in October
05.11.2020  
12:15 BASF and TECNALIA accelerate R&D of new crop protection products through digitalization
03.11.2020  
17:00 Scrapie Identified in Sheep in Iceland
16:35 National budget receipts target met by 109.8% in Oct Treasury
28.10.2020  
17:00 European Bank for Reconstruction and Development and FAO approve COVID-19 technical support package
16:45 2020 EU milk deliveries will grow by one percent
27.10.2020  
16:41 Pork. Global productionisforecast 4 percent higher in 2021 due to rebounding output in countries affected by ASF

Also available: 

Agrarian Week in digital



READ ON-LINE




NewsNews - News - News - News - News - News
BriefWeekly Reports - Free article
SubscriptionTariff - News&Reports
AdvertisingMagazine - Site
ConferencesForum AGRO-2013 - DAIRY WORLD-2008 - FERTILIZERS-2010
Statistics
For our clientsAgroNewsDaily - Ukrainian Grain&Oilseed Market - Fertilizers - Milk Monthly - Milk Weekly
About usAbout project - Contact
2002 -2021 © Agrarika, ltd.
tel.: +380 44 4868119; +380 44 5934540
e-mail: client@agroperspectiva.com