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Global Food Price Index Decreases
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FAO's World Food Price Index Unchanged
Wheat Stock Crisis and Price Index
Rising Food Inflation: Cocoa, Beef, and ...
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The United Nations food agency's world price index ended 2023 10% lower, with December averaging 118.5 points, down 1.5% from November and 10.1% below December 2022 levels. Sugar prices were the only exception, rising 16.6% in December. The cereal price index saw a 1.5% increase in December, with hindered shipments from major exporting countries affecting wheat, maize, rice, and barley prices.
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How do fluctuations in global food prices influence international trade and economic stability?
How might the decrease in the global food price index impact food security and affordability?
What measures can be taken to mitigate the effects of hindered shipments on major exporting countries?
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