FAO: food commodity prices rose in June

07/12/17 6:05 AM By Agri-Pulse staff

WASHINGTON, July 12, 2107 - Global food commodity prices rose in June, led by wheat and meat prices, according to the FAO Food Price Index compiled by the U.N.’s Food and Agriculture Organization (FAO).

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Agri-Pulse Open Mic: Jim Sutter, CEO, U.S. Soybean Export Council

This week’s Open Mic guest is Jim Sutter, CEO of the U.S. Soybean Export Council. As trade tensions with China have shifted more of their imports from Brazil, U.S. soybean farmers have successfully diversified their global demand base. Sutter says domestic supplies have higher quality than soybeans from anywhere else in the world and thus prove a better value for customers both in raw beans and in soy products. Sutter says production sustainability is becoming a greater priority in some markets which is a big advantage for U.S. soybean farmers and he sees increases in both global demand and production of oilseeds.

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