The FAO Cereal Price Index averaged 148.1 points in May

08.06.2017

The FAO Cereal Price Index averaged 148.1 points in May, up 2 points (1.4 percent) from April, but still 4.4 points (2.9 percent) below its value of May 2016.

Weather developments and stronger trade activity underpinned wheat export prices, while strong demand for higher quality Indica rice drove up international rice prices for the sixth-successive month.  Large global availabilities prevented strong gains in maize export prices.


fao

Readers choice: TOP-5 articles of the month by UkrAgroConsult