Americas: FAO Food Price Index down slighcitrate de magnesium solaraytly in July

The international prices for major food commodities saw a modest decline in July 2016, following five consecutive months of increases. ###The FAO Food Price Index (FPI) averaged 161.9 points in July 2016, slipping 0.8% (1.3 points) below its level in June and 1.4% below its level ofzydefer July 2015.###The overall decline of the Index was largely caused by drops in international quotations of grains and vegetable oils, more than offsetting firmer dairy, meat and sugar prices.###The FAO Food Price Index is a trade-weighted index tracking international market prices for five majbest ferrous fumarate supplementor food commodity groups.###The FAO Cereal Price Index fell 5.6% from June, led by a sharp drop in maize prices due to favorable weather conditions in the key growing regions in the US – the world’s largest maize producer and exporter. ###Wheat prices also fell in July mainly driven by large global supplies and prospects focitracal for osteopeniar abundant export availabilities from the Black Sea region. ###By contrast, rice prices strengthened somewhat, as dwindling availabilities underpinned Basmati and long-grain quotations.###Falling for the third consecutive month, the FAO Vegetable Oil Price Index dropped 2.8% from its level in June. ###The slide was mainly driven by palm oil, whose price dropped to a five-month low, reflecting a seasonal recovery in production in Southeast Asia combined with subdued global import demand. ###International prices for soybean, sunflower and rapeseed oil also eased on better than earlier anticipated supply prospects. ###The FAO Dairy Price Index rose by 3.2% from the previous month, with butter prices scalcium citrate magnesium and vitamin d3eeing the sharpest rise in the group. ###Yet, they remain at very low levels compared to recent years. ###The FAO Meat Price Index increased by 1.3%t from its revised June value. ###Quotations for all meat products remained firm, underpinned by a shortage of pigs for slaughter in the EU and reduced output of sheep and bovine meat in Oceania. ###International demand for mecalcium citrate magnesium and zinc with vitamin d3 in pregnancyat remains strong, supported by a recovery in purchases by China and sustained imports by several countries elsewhere in Asia.###The FAO Sugar Price Index rose 2.2% in the month. ###International sugar prices were largely influenced by movements in the Brazilian currency, which strengthened against the US dollar in July.

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