World food prices rise for fourth month running, cereal outlook up: U.N.

FILE PHOTO: Wheat is seen during sunset in a field of the Solgonskoye farming company in the village of Solgon, Russia, in this September 6, 2014 file photo. REUTERS/Ilya Naymushin/Files/File Photo

The Food and Agriculture Organization food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 182.5 points in last month, up 0.7% on the previous month. The FAO cereal price index climbed 2.9% month-on-month in January to record its highest value since May 2018, with the prices of all major cereals rising, led by wheat.

By contrast the meat price index fell 4.0%, ending 11 consecutive months of increases, with the price quotations for all meat categories heading lower, “pressured by reduced purchases, especially from China and the Far East,” FAO said.

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The America farmer produces for more than America. The tariffs have slowed production causing a global impact.

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