Global: Wheat prices rose by 56% during the year - FAO

Wheat

Published Jun 7, 2022

Tridge summary

Wheat in the world increased in price by 56.2% compared to 2021. This is stated in the FAO report. According to experts, wheat prices increased by 5.6% compared to April 2022 and by 56.2% compared to last year. It is reported that in general, the FAO grain price index rose by 2.2% in May compared to the previous month.

Original content

"International wheat prices, which are only 11% below the record high reached in March 2008, have risen in response to India's export ban and concerns about crop status in several leading exporting countries, along with declining production prospects. in Ukraine because of the war, "the FAO said. Corn prices also reportedly fell further due to a slight improvement in crop conditions in the United States, seasonal supplies from Argentina, and the approaching corn harvest season in Brazil. The price of barley and rice increased, while the prices of sorghum and feed wheat decreased. Support our agromedia Any amount will help you work on the agricultural ...

Source: Agropolit

What to read next

New fears of a global glut in the grain market?

Agri · Apr 22, 2024

Andriy Dykun presented the agricultural community of Ukraine in Washington

Agravery · Apr 23, 2024

April export of Ukrainian grain almost reached 4.5 million tons

Agravery · Apr 23, 2024

Sowing-2024 continues in Sumy Oblast, 83.2% of areas are sown in early spring

Superagronom · Apr 22, 2024

A 9% drop in palm oil and a 3.6% drop in soybean oil prices for the week will increase pressure on sunflower oil prices

Graintrade · Apr 22, 2024

Read more relevant content

Growing Functional Food Market Driven By Health-Conscious Consumers

Gabriela Cabezas · Apr 22, 2024

Impact of Cocoa Crisis on Chocolate Industry and Strategies of Leading Players

Mzingaye Ndubiwa · Apr 19, 2024

On-the-Ground Updates

Vietnamese Seafood Exports Decreased by 3.2% YoY in Mar-24

Nhu Nguyen · Apr 19, 2024

On-the-Ground Updates

Vietnamese Vegetable and Fruit Exports Surged by 31.4% YoY in Q1-24

Nhu Nguyen · Apr 19, 2024

On-the-Ground Updates

Morocco's Anchovy Season: Promising Start Amidst Uncertain Duration

Guilherme Rua · Apr 19, 2024

France’s Attempt to Appease the Meat Industry through Meat Label Bans

Sun Jae Lee · Apr 19, 2024

Onion Price in Brazil Surged by 81.25% YoY, and 39.8% MoM Due to Supply Shortage

Lei Wang · Apr 19, 2024

The Wholesale Price of Sunflower Seeds in Argentina Decreased by 18.19% YoY Due to Oversupply and Competition from Russia

Lei Wang · Apr 19, 2024

By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.