댓글 0
기사입력 : 2023.04.15 16:11
According to theFood and Agriculture Organization (FAO) of the United Nations, the World Food Price Index fell 2.1%to 126.9 pointsfrom the previous month (129.7 points) in March 2023. Grain, milk, and dairy item prices fell, whereas meat and sugar prices rose.
In March 2023, the grain price index fell 5.6% to 138.6 points from February (146.7 points). Wheat prices fell due to a combination of factors. Most of all, the supply was sufficient worldwide, and Ukraine's continued wheat exports due to the extension of the Black Sea Grain Initiative affected the price drop. Good crop forecasts in Australia and Europe and competition for export prices from Russia were also factors for the price drop. Corn prices fell in South America as supply increased for the harvest season and the Black Sea grain export consultative body was extended. Rice prices fell as the harvest season approached in major exporters such as India, Vietnam and Thailand.
In the case of oil and fat prices, it recorded 131.8 points, down 3.0% from the previous month (135.9 points). Palm oil prices rose due to reduced output because of worsening climate conditions, including floods in major Southeast Asian producers, and Indonesia's temporary suspension of export permits. Soybean oil prices fell along with soybean prices. The price of rapeseed oil fell due to sufficient global supply, and sunflower seed oil fell due to slowing international demand.
In the case of meat, it was 113.0 points, up 0.8% from the previous month (112.1 points). International prices of beef also rose as domestic prices rose due to the prospect of a drop in supply of the U.S. pork prices.However, despite the spread of avian influenza in several major exporters, the price of poultry meat fell due to low demand for imports.
In the case of sugar, it rose 1.5% from the previous month (125.2 points) to 127.0 points. The rise in sugar prices follows forecasts of lower output in India, Thailand and China. However, Brazil's sugarcane harvest outlook was good, so the price increase was not significant. As international crude oil prices fall, more Brazilian sugarcane is injected into sugar production, not ethanol, and the Brazilian real's weakness against the U.S. dollar were also reasons for lowering sugar prices.
전체댓글 0
