Thursday, September 15, 2016

Global Commodity Food Prices

This week we feature the Food and Agriculture Organization (FAO) food price index. The linked website shares what the food price index is and what trends we are seeing. We encourage you to explore the different commodity areas and reasonings for increases and decreases of specific commodity areas and the overall direction of commodity prices. After you analyze this website use the discussion points below to guide your conversations around the world.

FAO Food Price Index

Discussion Points

  • Explain what the FAO Food Price Index is and how it works.
  • Which index/commodity has seen the greatest increase and decrease recently and why?
  • What has the been the trend of the FAO Food Price Index over the past 15 years?
  • What do you think the future trend will be of the FAO Food Price Index? Justify your reasoning.
  • What factors have an affect on setting the FAO Food Price Index?

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