World food prices fell for a third month running in August, pushed down by a sharp drop in the prices of sugar, wheat and maize, the United ...
FAO also predicted that cereal supplies would be more abundant in the 2019/20 period than previously expected.
Sugar prices also fell markedly in August, dropping 4 per cent on the previous month"largely on the back of a weakening Brazilian real, which tends to incentivise sugar exports," FAO said.These drops failed to offset climbs in other indices, with the vegetable oil price index gaining 5.9 per cent and both meat and dairy prices posting increases of 0.5 per cent.
"Almost the entire monthly increase is on account of an upward revision made to the forecast for world maize production," FAO said.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singapore factory outlook edges up in Aug, but still in contractionSINGAPORE’S manufacturing sentiment edged up in August, though in contraction for the fourth straight month. The Purchasing Managers’ Index (PMI) stood at 49.9, up 0.1 point from July. A reading over 50 indicates expansion from the previous month, while one under 50 indicates contraction. Read more at The Business Times.
Read more »
North Korean foreign minister will not attend UN gathering of world leadersUNITED NATIONS: North Korean Foreign Minister Ri Yong Ho will not attend the annual gathering of world leaders at the United Nations later this ...
Read more »
North Korean foreign minister will not attend U.N. gathering of world leadersNorth Korean Foreign Minister Ri Yong Ho will not attend the annual gathering of world leaders at the United Nations later this month 'due to his schedule,' the country's mission to the U.N. told Reuters on Wednesday. Ri has attended the high-level meeting of the U.N. General Assembly
Read more »
Rugby: McInally set to captain Scotland at World Cup, reports BBCEdinburgh Rugby hooker Stuart McInally will captain Scotland at the World Cup in Japan this month after being chosen ahead of John Barclay and ...
Read more »
Eight member associations in race to host 2023 women's World CupEight member associations will continue their bid to host the expanded women's World Cup in 2023, soccer's world governing body FIFA confirmed on ...
Read more »
African World Cup qualifiers to be live-streamed worldwideAfrica's lesser-known soccer teams will enjoy worldwide exposure in the next week after FIFA announced that their opening World Cup qualifying ...
Read more »