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The Food and Agriculture Organization (FAO) Food Price Index 1961–2024 in nominal and real terms. Years 2014–2016 is 100. The FAO Food Price Index (FFPI) is a food price index by the Food and Agriculture Organization (FAO) of the United Nations. It records the development of world market prices of 24 agricultural commodities and foodstuffs ...
In 2019 if a market basket price is 55 and the basket were to double the following year, in 2020, then the index would rise to 200. This is done by performing a simple calculation: Dividing the new year market basket price by the reference year's (otherwise known as the base year) price, and subsequently multiplying the quotient by 100.
Agricultural productivity is measured as the ratio of agricultural outputs to inputs. [1] While individual products are usually measured by weight, which is known as crop yield, varying products make measuring overall agricultural output difficult. Therefore, agricultural productivity is usually measured as the market value of the final output ...
Index-based insurance, also known as index-linked insurance, weather-index insurance or, simply, index insurance, is primarily used in agriculture. Because of the high cost of assessing losses, traditional insurance based on paying indemnities for actual losses incurred is usually not viable, particularly for smallholders in developing countries .
In agriculture, the yield is a measurement of the amount of a crop grown, or product such as wool, meat or milk produced, per unit area of land. The seed ratio is another way of calculating yields. Cereal yield in tons per hectare and kilograms of nitrogenous fertilizer applied per hectare of cropland.
The land equivalent ratio is a concept in agriculture that describes the relative land area required under sole cropping (monoculture) to produce the same yield as under intercropping (polyculture). [ 1 ]
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Grade 1, 2 and 3a, are referred to as 'Best and Most Versatile' land, and enjoy significant protection from development. Grade 4 and 5 are described as poor quality agricultural land and very poor quality agricultural land