Food and Agriculture Organization (FAO)

Overview

The Food and Agriculture Organization (FAO) is a specialized agency of the United Nations established in October 1945. Headquartered in Rome, Italy, the FAO operates across more than 130 countries worldwide. The organization is dedicated to leading international efforts to defeat hunger, improve nutrition, and enhance global food security.

Financial Indicators

The FAO Food Price Index (FFPI) is a significant measure reflecting 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, a 0.5% rise from October, reaching its highest level since April 2023. However, by May 2025, the FFPI averaged 127.7 points, showing a slight decrease in global food prices. In June 2025, the index rose again to 128.0 points, a 0.5% increase from the previous month.

Significant Events

Recent data underscores ongoing challenges within global food supply chains, influenced by geopolitical tensions, climate conditions, and market dynamics. The fluctuations in the FFPI have important implications for global food security, potentially leading to increased consumer costs, particularly in low-income regions.

Company Plans and Outlook

In response to these trends, the FAO is likely focusing on strategic plans aimed at stabilizing food prices and enhancing global food security. These initiatives may involve collaboration with international partners to boost agricultural productivity, reduce food waste, and adapt to climate change impacts. The organization also aims to strengthen local supply chains to mitigate future price fluctuations.

Future Engagements

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

Modified: 2025/07/30

---