Food prices dip worldwide due to vegetable oils and sugar costs, FAO flags
date:Jan 07, 2022
following good harvests in the southern hemisphere. These prices are underpinned by strong demand and concerns over persistent dryness in Brazil.

Diverse and well-connected agri-food systems are better equipped to absorb sudden shocks like COVID-19 and secure food supply, the FAO recently urged. falling wheat exports offset firmer maize prices

The Cereal Price Index did, however, reach its highest annual level since 2012 and averaged 27.2% higher than in 2020.

Maize is up 44.1%, wheat is up
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