Food Prices

Without phosphorus food cannot be produced, since all plants and animals need it to grow. Put simply: if there is no phosphorus, there is no life. As such, phosphorus-based fertilisers – it is the "P" in "NPK" fertiliser – have become critical to the global food system.

The FAO Food Price Index* (FFPI) averaged 132.4 points in December 2022, down 2.6 points (1.9 percent) from November, marking the ninth consecutive monthly decline and standing 1.3 points (1.0 percent) below its value a year ago.

Campbell Soup Company (NYSE:CPB) reported results for its first-quarter fiscal 2023.

The FAO Food Price Index (FFPI) averaged 135.7 points in November 2022, virtually unchanged from October, with month-on-month decreases in the price indices for cereals, dairy and meat, nearly offsetting increases in those of vegetable oils and sugar.

Unsurprisingly, consumers in the UK are set to purchase one of the most expensive Christmas meals in recent years following the consistent inflationary pressures that resulted in the UK inflation rate for food

The FAO Food Price Index* (FFPI) averaged 135.9 points in October 2022, virtually unchanged from September, with the price indices of all the covered commodity groups, except cereals, down month-on-month.

The FAO Food Price Index (FFPI) averaged 136.3 points in September 2022, down 1.5 points (1.1 percent) from August, marking the sixth monthly decline in a row.

The FAO Food Price Index* (FFPI) averaged 138.0 points in August 2022, down 2.7 points (1.9 percent) from July, registering its fifth consecutive monthly decline. Despite the latest drop, the index remained 10.1 points (7.9 percent) above its value a year ago.

Information Resources, Inc. (IRI®), which recently merged with The NPD Group to create a leading global technology, analytics and data provider, released new insights about food inflation

The FAO Food Price Index (FFPI) averaged 140.9 points in July 2022, down 13.3 points (8.6 percent) from June, marking the fourth consecutive monthly decline.