

However, poultry prices reached an all-time high, boosted by firm import demand and tight supplies due to Avian influenza outbreaks in the northern hemisphere. Meat prices also continued the downward trend, dropping by half a percent from June due to weakening import demands. Similarly, the sugar price index fell by nearly four percent, amid concerns over demand prospects due to expectations of a further global economic slowdown, a weakening in Brazil’s currency, the real, and lower ethanol prices resulting in greater sugar production there than previously expected. Additionally, international rice prices also declined for the first time this year. Subscribe to PlayStation Plus Extra to access this game and hundreds more in the Game Catalog.

Maize was down 10.7 percent, again due in part to the black sea grain initiative and increased seasonal availability in Argentina and Brazil. The July monthly index also saw an 11.2 percent decline in coarse grain prices. 'too steep,' meaning 'too expensive. “However, many uncertainties remain, including high fertilizer prices that can impact future production prospects and farmers’ livelihoods, a bleak global economic outlook, and currency movements, all of which pose serious strains for global food security,” Torero added. the price is too expensive to pay Definition of It is too steep a price to pay. Read also: The Sad, Sorry and Scary state of food insecurity in Africa

“The decline in food commodity prices from very high levels is welcome, especially when seen from a food access viewpoint,” said Maximo Torero, chief economist at FAO
