FarmPolicy

December 21, 2014

FAO Food Price Index holds steady

A news release today from the from the Food and Agriculture Organization of the United Nations (FAO) stated that, “The FAO Food Price Index averaged 213 points in August 2012, unchanged from July.

“Presenting the Index at a press conference at FAO headquarters in Rome, Director-General José Graziano da Silva said ‘This is reassuring. Although we should remain vigilant, current prices do not justify talk of a world food crisis. But the international community can and should move to calm markets further,’ he added.

“The FAO Food Price Index spiked six percent in July after three months of decline.”

-kg

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