{"id":31575,"date":"2023-08-05T23:09:55","date_gmt":"2023-08-05T17:39:55","guid":{"rendered":"https:\/\/pwonlyias.com\/stage\/?post_type=current-affairs&#038;p=31575"},"modified":"2023-08-05T23:09:55","modified_gmt":"2023-08-05T17:39:55","slug":"faos-all-rice-price-index","status":"publish","type":"current-affairs","link":"https:\/\/pwonlyias.com\/stage\/current-affairs\/faos-all-rice-price-index","title":{"rendered":"FAO&#8217;s All Rice Price Index"},"content":{"rendered":"<p><b>Context:<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The United Nations Food and Agriculture Organization (FAO) reported that the rice price index rose<\/span><b> by 2.8 percent<\/b><span style=\"font-weight: 400;\"> in July from the previous month, reaching its highest level in nearly 12 years.<\/span><\/p>\n<p><b>Reason for Price Surge:<\/b><\/p>\n<ul>\n<li aria-level=\"1\"><b>India&#8217;s Export Restrictions:<\/b>\n<ul>\n<li aria-level=\"1\"><span style=\"font-weight: 400;\">India, accounting for 40 percent of world rice exports, imposed a halt on its largest rice export category to stabilize domestic prices.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\"><\/li>\n<\/ul>\n<p><b>About Rice Price Index:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It was introduced in 1996 , with the purpose of monitoring developments in the global agricultural commodity markets.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Released by:<\/b><span style=\"font-weight: 400;\"> United Nations Food and Agriculture Organization (FAO)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Measurement:<\/b><span style=\"font-weight: 400;\"> The FFPI is a measure of the <\/span><b>monthly changes<\/b><span style=\"font-weight: 400;\"> in international prices of a basket of food commodities.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Commodities Included<\/b><span style=\"font-weight: 400;\">: The index tracks changes in prices for a basket of key food commodities, including <\/span><b>cereals, oilseeds, dairy products, meat, and sugar.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Base Period: <\/b><span style=\"font-weight: 400;\">2014-2016<\/span><\/li>\n<\/ul>\n<table>\n<tbody>\n<tr>\n<td><b>Current Rice Exporters and Importers<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Leading rice exporters<\/b><span style=\"font-weight: 400;\"> include India, Thailand, Vietnam, Cambodia, and Pakistan.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Key rice importers<\/b><span style=\"font-weight: 400;\"> are China, Philippines, Benin, Senegal, Nigeria, and Malaysia.<\/span><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b style=\"color: var(--global--color-primary); font-family: var(--global--font-secondary); font-size: var(--global--font-size-base); background-color: var(--global--color-background);\">News Source:<\/b><a style=\"font-family: var(--global--font-secondary); font-size: var(--global--font-size-base); background-color: var(--global--color-background);\" href=\"https:\/\/economictimes.indiatimes.com\/small-biz\/trade\/exports\/insights\/world-rice-price-index-jumps-to-near-12-year-high-in-july-fao\/articleshow\/102441968.cms?from=mdr\" target=\"_blank\" rel=\"noopener\"> Economic Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Context:\u00a0 The United Nations Food and Agriculture Organization (FAO) reported that the rice price index rose by 2.8 percent in July from the previous month, reaching its highest level in nearly 12 years. Reason for Price Surge: India&#8217;s Export Restrictions: India, accounting for 40 percent of world rice exports, imposed a halt on its largest&hellip; <a class=\"more-link\" href=\"https:\/\/pwonlyias.com\/stage\/current-affairs\/faos-all-rice-price-index\">Continue reading <span class=\"screen-reader-text\">FAO&#8217;s All Rice Price Index<\/span><\/a><\/p>\n","protected":false},"author":11,"featured_media":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"tags":[3220,3219],"paper-wise":[2084],"subject":[2124],"acf":[],"_links":{"self":[{"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/current-affairs\/31575"}],"collection":[{"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/current-affairs"}],"about":[{"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/types\/current-affairs"}],"author":[{"embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/comments?post=31575"}],"version-history":[{"count":0,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/current-affairs\/31575\/revisions"}],"wp:attachment":[{"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/media?parent=31575"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/tags?post=31575"},{"taxonomy":"paper-wise","embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/paper-wise?post=31575"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/subject?post=31575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}