Food and Agriculture Index FAO recorded 118.5 points in March 2021, an increase of 2.4 points equivalent to 2.1% compared to February. June 2014.
According to Arab Net, the increase was a result of strong gains in subsidiary indicators of vegetable oils, meat and dairy products, while dried and sugar indicators remained unchanged.
The average of the FAO cows index was 123.6 points in March, a decrease of 2.2 points equivalent to 1.7% compared to February, which ended up the upward trend in eight months, but is still 25.9 points by 26.5% From its level in March 2020.
Wheat prices reflected in the previous month mainly good supplies and for expectations for production for 2021 crops.
Also, international prices landed in March and barley in March, although China's major demand continues to decline more, so that high corn prices have recorded a rise.
After three months of fixed profits, international prices fell in March, with newly arrived marketing crops, while demand for non-Japanese rice export was slow in all countries, except India.
The Average Vegetable Oil Oils index was 159.2 points in March, up 11.8 points equivalent to 8.0% compared to February, at its highest level since June 2011.
High values for palm oil, soybeans, turnip seeds and the sun are constantly driven by the indicator.
International palm oil prices have been increased for the tenth consecutive month. Continuing concerns on low levels in inventories in major exporting countries are coincided with gradual recovery in global import demand.
In the meantime, soy oil prices have seen a sharp rise, largely attributable to demand forecasts, especially from the bio-diesel sector. As for the prices of turnip oils and the sun, longing for a long time in Canada and Black Sea, remained in a row.
The average dairy index for dairy products was 117.4 points in March, an increase of 4.4 points equivalent to 3.9% compared to February, equivalent to the tenth month ...
