• Enomaq 2024 2025
    BASF Enervin

    • Posts

    Global food prices down for fourth consecutive year

    The FAO index records that food prices stood at an average value below its November with the fall in international prices of all foodstuffs, including meat, dairy products and cereals, except in the case of sugar and oils. The year 2015 ends with almost 19% decline in prices compared to 2014, representing the fourth consecutive annual decline.

    Cereal production near of the edge of milestone

    The International Grains Council (IGC) expects world cereal production to decline by only 1% in 2015-2016 compared to last year's record, thanks to the large stocks, is expected to total supply reaches a new high. Although the increase in supply will be absorbed largely by strong demand, it is expected that stocks reach their highest figure in 29 years.