Robynne Anderson's Emerging Thoughts on Ag

World Food Prices Drop

The FAO’s Food Price index continued the slide that has been occurring for the last 15 months in July, hitting its lowest level since September 2009. Farmers around the globe will be hit by  lower and lower prices across all sectors.

This last month’s drop has largely been caused by sharp decreases in dairy, pig meat, ovine meat, and vegetable oil prices.

FAO Food Price Index