8 October 2015, Rome - Agricultural commodities are experiencing a period of low and more stable prices, said in "Food Outlook FAO," published today.
After several sharp price spikes from 2007 to early 2011 prices for most grains and vegetable oils show a tendency to stability and decline.
Among the reasons for the high level of food stocks, a sharp decline in oil prices and the strengthening of the US dollar, none of which will probably not disappear in the short term, although unexpected shocks, such as adverse weather conditions, can never be ruled out.
Food price index FAO, computed on the basis of the average values of price indices of five commodity groups, fell to a six-year low in August. New data, published today, show that the Index rose slightly compared with its minimal value in August to 165,3 points, which is 18.9 percent lower than a year earlier.

Price forecast for different groups of food varies. Rice prices usually change independently of the other grains, while sugar prices have always been volatile, lost and received more than half its value more than 12 times since 1990.

Prices for meat and dairy products are exposed to General trends, as perishable goods, but they often react with a time delay.

Prices of major crops continue to decline as a result of several years of good harvests in the world, as well as the replenishment of reserves to a record level. At the end of the 2016 season world cereal stocks will reach 638 million tonnes, four million tonnes more compared with the level at the beginning of the season, according to new projections based on the last "Summary demand for grains and cereal supply".