Minister Stresses Strengthening Social Fund for Development While Safeguarding Its Independence
Minister of Social Affairs and Labor Mukhtar al-Yafae stressed the importance of strengthening the Social Fund for Development as an effective national institution, preserving its independence, reinforcing governance, transparency and institutional stability, and expanding its development impact across all governorates.
Three Palestinians Killed, 10 Injured in Israeli Airstrikes on Gaza
Three Palestinians were killed and more than 10 others injured on Saturday in a series of Israeli airstrikes targeting several areas across the Gaza Strip.
Korea's Travel Account Posts Surplus for 3rd Month in Row
South Korea reported a surplus in its tourism account for the third month in a row in May, driven by a rise in the number of foreign tourists, reaching $220.5 million in May compared to a deficit of $820.2 million in the same month last year.
England Claim FIFA World Cup 2026 Bronze with Victory over France
England secured third place at the 2026 FIFA World Cup after defeating France 6-4 in the third-place playoff on Saturday.
Last Update: ،
2026/07/26
Time
06:29:58
Latest News:
Yemeni Ambassador, University of Jordan President Discuss Expanding Academic Cooperation
'MASAM' Removes 5653 of Houthis-Laid Landmines, UXO In July
Al-Khanbashi Avows Support for Judicial Authority to Protect Public Funds
Prime Minister Chairs Government Meeting to Review Latest Developments, Response Plans
Yemen’s Ambassador Meets Morocco’s Minister of Solidarity, Social Integration
Latest News:
Yemeni Ambassador, University of Jordan President Discuss Expanding Academic Cooperation
'MASAM' Removes 5653 of Houthis-Laid Landmines, UXO In July
Al-Khanbashi Avows Support for Judicial Authority to Protect Public Funds
Prime Minister Chairs Government Meeting to Review Latest Developments, Response Plans
Yemen’s Ambassador Meets Morocco’s Minister of Solidarity, Social Integration
World Food Price Index hits record increase in 18 months in September
[05/10/2024 04:38]
AMMAN-SABA
The FAO World Food Price Index jumped in September, recording its biggest increase in 18 months, supported by rising sugar prices.
The Food Price Index, which tracks prices of the world's most traded agricultural commodities, rose to 124.4 points last month from 120.7 in August, the highest level since July 2023 and up 2.1 percent year-on-year.
The FAO said in its monthly report released on Friday that the sugar index rose 10.4 percent month-on-month as a result of lower crop expectations in Brazil and concerns that India's decision to remove restrictions on the use of sugar cane in ethanol production could affect the availability of exports in the country.
The cereal price index rose 3 percent, supported by higher export prices of wheat and corn, while rice prices fell 0.7 percent, while vegetable oil prices rose 4.6 percent month-on-month, as prices of all types of oils, including palm, soy, sunflower and rapeseed, increased.
FAO said the increase was the result of improved rice and wheat production forecasts, which were higher than the slight decline in global hard grains production.
FAO predicted that global cereal use will increase by 12.4 million tons in 2024-2025 to 2.853 billion tons. In contrast, FAO cut its forecast for world cereal stocks at the end of the 2025 season by 1.7 million tons to 888.1 million tons. Index jumped in September, recording its biggest increase in 18 months, supported by rising sugar prices.
The FAO World Food Price Index jumped in September, recording its biggest increase in 18 months, supported by rising sugar prices.
The Food Price Index, which tracks prices of the world's most traded agricultural commodities, rose to 124.4 points last month from 120.7 in August, the highest level since July 2023 and up 2.1 percent year-on-year.
The FAO said in its monthly report released on Friday that the sugar index rose 10.4 percent month-on-month as a result of lower crop expectations in Brazil and concerns that India's decision to remove restrictions on the use of sugar cane in ethanol production could affect the availability of exports in the country.
The cereal price index rose 3 percent, supported by higher export prices of wheat and corn, while rice prices fell 0.7 percent, while vegetable oil prices rose 4.6 percent month-on-month, as prices of all types of oils, including palm, soy, sunflower and rapeseed, increased.
FAO said the increase was the result of improved rice and wheat production forecasts, which were higher than the slight decline in global hard grains production.
FAO predicted that global cereal use will increase by 12.4 million tons in 2024-2025 to 2.853 billion tons. In contrast, FAO cut its forecast for world cereal stocks at the end of the 2025 season by 1.7 million tons to 888.1 million tons. Index jumped in September, recording its biggest increase in 18 months, supported by rising sugar prices.
Key words:
expectations - availability - agricultural - restrictions - commodities - production - sunflower - predicted - recording - vegetable -
Korea's Travel Account Posts Surplus for 3rd Month in Row
Oil price tops $100 a barrel
Italy budget deficit at 3 percent
Oil rises as markets assess supply risks
Italian Industrial production falls 0.6 percent
Korea large companies' exports rise 10 percent
China's foreign exchange reserves rise to $3.3991 trillion
S. Korea's exports rise 33.9 percent in January
Japan's LNG imports down 1.4 percent
Public debt in Germany rises 2.1 percent
