Food and Agriculture Organization (FAO)

Overview

The Food and Agriculture Organization (FAO), established in October 1945, is a specialized agency of the United Nations. Headquartered in Rome, Italy, the FAO operates in over 130 countries. Its mission is to lead international efforts to defeat hunger, improve nutrition, and enhance global food security.

Financial Indicators

The FAO Food Price Index (FFPI) is a critical measure of the monthly changes in international prices of a basket of food commodities, including dairy products. As of November 2024, the FFPI increased to 127.5 points, and by May 2025, it averaged 127.7 points. The index rose to 128.0 points in June 2025 and reached 130.1 points by August 2025, reflecting the volatility in global food prices. However, a slight decline was observed in September 2025, primarily due to reduced prices in dairy and sugar.

Significant Events

Recent fluctuations in the FFPI highlight ongoing challenges within global food supply chains, driven by geopolitical tensions, climate conditions, and market dynamics. These changes have significant implications for global food security, potentially increasing consumer costs, especially in low-income regions.

Company Plans and Outlook

In response to current trends, the FAO is focusing on strategic plans to stabilize food prices and enhance global food security. These initiatives include collaborating with international partners to boost agricultural productivity, reduce food waste, and adapt to climate change. The organization aims to strengthen local supply chains to mitigate future price fluctuations.

Future Engagements

FAO experts will continue to engage in conferences with UN representatives and leading agricultural researchers to address international food security challenges. They also emphasize investing in the development of human resource skills within the dairy sector, aligning with the organization's broader goals.

Modified: 2025/10/06

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