And rose Food price index To track prices Agricultural goods The most widely traded around the world, it rose to 124.4 points last month from 120.7 in August, the highest level since July 2023 and an increase of 2.1 percent year on year.
The FAO reported that the indicator Sugar It rose 10.4 percent month-on-month on lower crop expectations in Brazil and concerns that India’s decision to remove restrictions on the use of sugarcane in ethanol production may impact the availability of exports in the country.
Index rose Grain prices Three percent, supported by an increase in export prices of wheat and corn, while rice prices decreased by 0.7 percent.
And I went up Oil prices Vegetable oil rose 4.6 percent on a monthly basis, with prices of all types of oils increasing, including palm, soy, sunflower and rapeseed oils.
The prices of dairy products increased by 3.8 percent in September, with the prices of whole and skimmed milk powder, butter and cheese rising, while the prices of meat rose by 0.4 percent.
In a separate report, it was filed FAO Its forecast for global grain production for the current year rose slightly to 2.853 billion tons from 2.851 billion tons previously.
She said Food and Agriculture Organization The increase came as a result of improved production expectations rice And wheatwhich was higher than the slight decline in global hard grain production.
Global cereal use is expected to increase by 12.4 million tons in 2024-25 to 2.853 billion tons. On the other hand, the organization reduced its forecast for global grain stocks at the end of the 2025 season by 1.7 million tons to 888.1 million tons.
