• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
International Reserves registered their highest level since the start of dollarization
Government denounces 28 candidates for links to drug trafficking
Constitutional Court dismissed the 7 members of the Council for Citizen Participation and Social Control
Ecuador imported the historic figure of USD 7,646 million in fuels
An Andean bear is released into its habitat after two years in captivity
Ecuador gets ready to vaccinate birds and counter avian influenza
Amazon and Eugenio Derbez produce ‘Put@s Redes Sociales’, an Ecuadorian idea
Hungary, ready to collaborate with Ecuador against the Balkan mafia
Medical community of Ecuador monitors new variant Omicron XBB.1.5
The CFN will auction the La Clementina farm in 2023

Sugar and dairy prices rise slightly in October

Posted On 10 Nov 2016
azucar-ecuadortimes
International food prices grew by 0.7 % in October due to increases in sugar and milk products, the United Nations Food and Agriculture Organization (FAO) announced on November 10, 2016. The FAO index – which measures the evolution of prices of the primary commodities – stood at 172.6 points, 9.1% more than in October 2015, following an upward trend throughout 2016 excepting a slight decline in July. In a statement, the agency said that the price of sugar rose by 3.4% in September after the news that production will shrink in Brazil and India.

Meanwhile, dairy products rose by 3.9% as a result of sustained domestic demand in the European Union (EU) after stocks fell. Regarding cereals, prices rose slightly by 1% due to a shortage of high-quality wheat supplies, although global harvest prospects have improved and grain production is expected to reach 2,571 million tons in 2016 (1.5% more than in 2015). The FAO expects that wheat production in Russia reaches a new record and yields improve in Kazakhstan, offsetting the decline of maize harvests due to bad weather in Brazil, China, the EU and the United States.

Source: http://www.elcomercio.com/actualidad/azucar-lacteos-precios-octubre-fao.html

About the Author
  • google-share
Previous Story

The agreement with the European Union excludes 91 sensitive agricultural products

Next Story

Another cut to the resources of municipalities and provincial governments of the country

SEARCH

LATEST NEWS

International Reserves registered their highest level since the start of dollarization

Posted On 25 Jan 2023

Government denounces 28 candidates for links to drug trafficking

Posted On 25 Jan 2023

Constitutional Court dismissed the 7 members of the Council for Citizen Participation and Social Control

Posted On 24 Jan 2023
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net