date:Jan 10, 2023
e after two very volatile years, says Maximo Torero, FAO chief economist.
It is important to remain vigilant and keep a strong focus on mitigating global food insecurity given that world food prices remain at elevated levels, with many staples near record highs, and with prices of rice increasing, and still many risks associated with future supplies, he warns.
Prices of vegetable oils, cereals and meat declined last month, with a notable 6.7% dip in vegetable oil prices, driven by subdued glob