World food price index little changed in April versus March: U.N. FAO

ROME (Reuters) - World food prices edged marginally higher in April from March, with the prices of most cereals and dairy products continuing to rise while sugar fell further, the United Nations food agency said on Thursday.

The Food and Agriculture Organization's (FAO) food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 173.5 points last month against 172.8 March.

From a year earlier, food prices on international markets rose 2.7 percent in April, FAO said.

FAO predicted wheat output of 746.6 million tonnes for 2018, down 11.3 million tonnes from the near-record 2017 level.

FAO said early prospects for global cereal markets in 2018/19 were favorable.

"According to FAO's first forecasts for the 2018/19 marketing season, cereal supplies should be sufficient to meet consumption requirements. While global cereal reserves are forecast to decline, the decrease is likely to mostly concern maize," it said.

(Reporting by Crispian Balmer)

Must Read

Belgians, Dutch join in opposing Trump's...

Jan 25, 2017

Belgium is joining the Netherlands in backing the creation of an international fund to finance...

Talks on airplane laptop ban end with no ban,...

May 17, 2017

Talks on a proposed U.S. ban on laptops and tablets in flights from Europe ended Wednesday with no...

Mrs. Trump visits Brussels children's hospital,...

May 25, 2017

Joining spouses of other NATO leaders, Melania Trump cheers ailing children and tours art museum

Belgium says Dutch found tainted eggs back in...

Aug 9, 2017

Belgium's agriculture minister says Dutch authorities knew that eggs in the Netherlands were...

"What could help me to die?" Doctors clash over...

Oct 26, 2017

"What could help me to die?" Doctors clash over when and how to approve euthanasia for the mentally...

Sign up now!

The Healthier Web delivers accurate and up-to-date health information through medical content and insights from experts. Feel the ‘ohm’ here in The Healthier Web.

Contact us: sales[at]thehealthierweb.com