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The central government is actively monitoring food prices and availability to maintain affordability for consumers.

Centre says closely monitoring food prices

The central government is actively monitoring food prices and availability to maintain affordability for consumers. 

The central government is actively monitoring food prices and availability to maintain affordability for consumers.&nbsp;

The central government on Friday said it is closely monitoring the prices and availability of essential food commodities to ensure affordability to consumers and maintain a stable price regime.&nbsp;
Measures like incentivising domestic production and import and export policies to ensure the overall availability and affordability of essential food commodities are being taken up.&nbsp;
"The Centre is taking pre-emptive and timely decisions to maintain price stability in the interest of consumers and farmers," according to a statement issued by the Food Ministry.&nbsp;
The production of pulses and onion in the 2024-25 crop year (July- June) is estimated to increase over the last year due to good monsoon rains and favourable weather conditions.&nbsp;
The tur production is estimated to be 35.02 lakh tonnne in 2024-25, 2.5 per cent higher than the previous year's production of 34.17 lakh tonne.&nbsp;
The agriculture ministry has issued sanctions for the procurement of tur. Kharif and late Kharif onion production has been estimated to be good on account of higher sowing.&nbsp;
Similarly, the rabi onion sowing has been progressing well. Food inflation moderated in December 2024 to 8.39 per cent from 10.87 per cent in October.

The UN food price index increased for the third month in May, driven by higher cereal and dairy prices despite declines in sugar and vegetable oils. The FAO forecasts record cereal utilisation of 2.851 billion tons in 2024-25

UN's world food prices index rises for 3rd consecutive month in May

<h2>The UN food price index increased for the third month in May, driven by higher cereal and dairy prices despite declines in sugar and vegetable oils. The FAO forecasts record cereal utilisation of 2.851 billion tons in 2024-25</h2>

The United Nations world food price index has risen for the third consecutive month in May. This comes as higher cereals and dairy product prices outweighed drops in prices for sugar and vegetable oils.
The U.N. Food and Agriculture Organization's (FAO) price index averaged 120.4 points in May, up 0.9% from its revised April level. However, the reading was 3.4% below the level seen a year earlier. The FAO tracks the most globally traded food commodities.&nbsp;
<h3>World food prices</h3>
As per Reuters, the FAO index hit a three-year low in February as food prices continued to ease off from a record peak set in March 2022, following Russia's invasion of fellow crop export major Ukraine.
The prices of cereal rose 6.3% month on month due to growing concerns of unfavourable crop conditions curbing 2024 harvests in key producing areas like northern America, Europe and the Black Sea region. In May, diary products prices increased 1.8% due to increased product demand ahead of the summer holidays amid worries that milk production in western Europe may fall.
Meanwhile, FAO's May sugar index fell sharply, decreasing 7.5% on a monthly basis. Vegetable oil prices also declined 2.4% for the month, as palm oil quotations fell amid rising seasonal output.
<h3>2024-25 forecast</h3>
The FAO for 2024-25 has forecasted that world cereal production may reach 2.846 billion roughly on a par with 2023-24's record output, as barley, rice and sorghum output is seen increasing, offsetting declines in maize and wheat. The FAO, however warned that the "recent adverse weather conditions in the Black Sea region will likely result in a downgrade in world wheat production, a possibility not yet reflected in the forecast"
As per FAO, World cereal utilisation in 2024-25 was seen increasing 0.5% year-on-year to a new record high of 2.851 billion tons and the stock will likely increase 1.5% from their opening levels to a record 897 million tons.
Also watch: <a href="https://www.editorji.com/business-news/economy/rbi-mpc-decision-need-to-monitor-food-inflation-expects-normal-monsoon-1717741589654">RBI MPC decision: Need to monitor food Inflation; expects normal monsoon</a>

The Pakistan government may have to import tomatoes and onions from India with severe floods causing fruit and vegetable prices to skyrocket.
Tomatoes were being sold at Rs 500 per kg, and onions at Rs 400 per kg at markets in Lahore, according to dealers quoted by news agency PTI. Potato prices have risen from Rs 40 per kg to Rs 120 per kg.
Prices are expected to rise further in coming days as vegetable supply from Balochistan, Sindh, and south Punjab is affected by the floods.
Pakistan might import tomatoes and onions from India via the Attari-Wagah border crossing. Currently, major cities in Punjab are getting the food staples from Afghanistan via the Torkham border.
Severe floods have killed over 1,000 people in Pakistan so far.

India to the rescue as Pakistan sees vegetable, fruit prices skyrocket amid severe floods?

Tomatoes were being sold at Rs 500 per kg, and onions at Rs 400 per kg at markets in Lahore, according to reports.

The Pakistan government may have to import tomatoes and onions from India with severe floods causing fruit and vegetable prices to skyrocket.
Tomatoes were being sold at Rs 500 per kg, and onions at Rs 400 per kg at markets in Lahore, according to dealers quoted by news agency PTI. Potato prices have risen from Rs 40 per kg to Rs 120 per kg.
Prices are expected to rise further in coming days as vegetable supply from Balochistan, Sindh, and south Punjab is affected by the floods.
<a href="https://www.editorji.com/world-news/flood-ravaged-pakistan-to-deploy-army-to-assist-in-rescue-and-relief-work-1661589635837">Pakistan</a> might import tomatoes and onions from India via the Attari-Wagah border crossing. Currently, major cities in Punjab are getting the food staples from Afghanistan via the <a href="https://www.editorji.com/india-news/bengal-two-bsf-personnel-arrested-over-woman-s-rape-along-india-bangladesh-border-1661616739237">Torkham border</a>.
Severe floods have killed over 1,000 people in Pakistan so far.
ALSO WATCH: <a href="https://www.editorji.com/world-news/flood-ravaged-pakistan-to-deploy-army-to-assist-in-rescue-and-relief-work-1661589635837">Flood-ravaged Pakistan to deploy Army to assist in rescue and relief work</a>

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