date:Jan 07, 2022
Index was stable in December. For 2021 as a whole, this index was 12.7% higher than in 2020. Global food trade accelerated and was poised to hit a record in volume and value terms in November.
The FAO Dairy Price Index was the only sub-index to increase in December, rising 1.8% from the previous month. International quotations for butter and milk powders increased amid lower milk production in Western Europe and Oceania, accounting for the sub-index increase. This index averaged 16.9% higher t