(23 Apr 2025, 15:05)

Commodities Buzz: IMF’s food and beverages price index up 3.6% between Aug-24 and Mar-25

International Monetary Fund or IMF has stated that global agricultural commodity prices increased as a result of adverse weather. Between August 2024 and March 2025, the IMF’s food and beverages price index increased by 3.6 percent, with the rise driven by higher beverage prices. Cereal prices increased modestly, by 0.6 percent, as concerns over crop conditions for wheat and corn subsided. Coffee prices jumped 33.8 percent, with the IMF coffee index reaching historic highs in February because of weather-related supply concerns in Brazil. Meanwhile, rice prices fell 26.0 percent as crop conditions improved in India and other parts of Asia. New trade barriers imposed in April had heterogeneous effects on agricultural prices. The price of income-elastic (coffee) and trade-sensitive (soybeans) crops have declined sharply, whereas prices for staples like corn and wheat are so far less affected. Upside risks stem from trade disruptions and adverse weather; larger-than-expected harvests, trade war intensification, and broader uncertainty are the main downside risks.

More News

(02-May-2025 16:42)
Economic Buzz: Eurozone inflation steady at 2.2% in April
(02-May-2025 14:29)
Commodities Buzz: US natural gas inventory up 107 BCF
(02-May-2025 13:55)
Gold rebounds in impressive manner
(02-May-2025 13:46)
Economic Buzz: India manufacturing growth strongest in 10 months

Tweets by CapitalMarket17

Commodity Mid Session News

Commodities Buzz: IMF’s food and beverages price index up 3.6% between Aug-24 and Mar-25