Global food prices fell in August for the fourth month running, according to the United Nations’ food agency, which again raised its 2013-14 forecast for grain production. The Food and Agriculture Organization (FAO) said on Thursday that cheaper food last month reflected declines in corn, wheat and edible oils prices. Food prices surged during the […] Read more
Global food prices fall in August, FAO ups crop forecasts
Food prices to stay high in 2013, FAO says
Food prices will stay at high levels in 2013 and low stocks pose the risk of sharp price increases if crops fail, the United Nations’ food agency said on Thursday, after its index showed prices fell for the third month running in December. A surge in food prices over the summer of 2012 fuelled by […] Read more
One in eight of world population going hungry, UN says
One out of every eight people in the world is chronically undernourished, the United Nations’ food agencies said Tuesday, warning that progress to reduce hunger has slowed since 2007-08 when high food prices sparked riots in several poor countries. In their latest report on food insecurity, the UN agencies estimated that 868 million people were […] Read more
World food prices rise, stay close to crisis levels: UN
World food prices rose in September and are seen remaining close to levels reached during the 2008 food crisis, the United Nations’ food agency said on Thursday, while cutting its forecast for global cereal output. The worst drought in more than 50 years in the United States sent corn and soybean prices to record highs […] Read more
World food prices stabilize, but UN urges action
World food prices stabilized in August at levels close to those reached in the food crisis of 2008, and global grain stocks are likely to shrink this year as cereal crop output falls short of what is needed, the United Nations food agency said on Thursday. The UN Food and Agriculture Organization’s (FAO) director-general Jose […] Read more
UN urges change in U.S. biofuel policy to avoid food crisis
The United Nations’ food agency stepped up the pressure on the United States on Friday to change its biofuel policies because of the danger of a world food crisis, arguing the importance of growing crops for food over their use for fuel. Global alarm over the potential for a food crisis of the kind seen […] Read more
Farmed food prices seen on upward trend in next decade
World farm commodity prices will edge higher in the next decade, and oilseeds are set to outperform wheat and other cereals, both trends fuelled by demand in emerging economies, the OECD said Wednesday, presenting a joint report with the United Nations food agency. Prices have eased from record highs hit in February last year and […] Read more
Food prices may ease in 2012 but won’t drop: FAO
Prices of some foods may ease slightly in 2012 due to a slowing global economy but are unlikely to drop drastically from the high levels reached last year, the new director-general of the U.N.’s Food and Agriculture Organization said on Tuesday. Jose Graziano da Silva, the Brazilian who replaced Senegal’s Jacques Diouf at the helm […] Read more
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