Coronavirus - Africa: Global food commodity prices rebound in June
(WorldNews Turkey)

Download logo FAO expects new record-high global cereal production and comfortable stock levels for 2020/21, while food assistance needs up In June, global food commodity prices rose for the first time since the beginning of the year driven by a rebound in vegetable oils, sugar and dairy quotations. However, in the cereals and meat markets, most prices remained under downward pressure amid market uncertainties posed by the COVID-19 pandemic. The FAO Food Price Index, which tracks international prices of the most traded food commodities, averaged 93.2 points in June, some 2.4 percent higher than the previous month. Effective from July 2020, the price coverage of the Food Price Index has been...