The FAO Food Price Index averaged 170.9 points in July 2019, down 1.1 percent (1.8 points) from June but 2.3 percent higher than in July 2018. The month-on-month decline was the result of lower prices for some cereals, dairy products and sugar.
The FAO Food Price Index (FFPI) continued to rise for the fifth consecutive month, averaging 172.4 points in May 2019, up 1.2 percent (2.1 points) from April but still 1.9 percent below its level in the corresponding month last year.
Japanese snack company Calbee is gearing up for a US marketing campaign for its best-selling Jagarico potato snack in an aggressive drive to increase overseas sales.
President Trump removed the Section 232 steel and aluminum tariffs on Canada and Mexico on Friday, May 17. Mexico responded by removing its 20% tariff on frozen potatoes imported from the United States on May 20.
United States potato exports of frozen, dehy and fresh have all posted modest gains through the first three quarters of the July 2018 – June 2019 marketing year.
The FAO Food Price Index (FFPI) rose in April 2019 to around 170 points, 1.5 percent (2.5 points) higher than in March and marking its highest value since June 2018.
The market price of potatoes in Gansu recently showed a rising trend. Relevant data shows that the price of potatoes in Gansu increased by 16.67% in comparison with the same time last year.
