The FAO Food Price Index was down for a third consecutive month in June, as good supply and improved global production prospects for wheat, maize and palm oil lowered prices.
Saudi Arabian agricultural company Iktifaa has announced plans to invest in agricultural and animal farming projects in Sudan, as part of the kingdom's drive to improve food security.
Blanket opposition to genetically modified crops is “a morally unacceptable position to take on the basis of unsubstantiated suspicions and fears”, according to the boss of Toronto-based firm Maple Leaf Foods.
Food prices are likely to remain high during 2013 but fell 7% over the past year, calming fears of a renewed food price crisis, according to the UN’s Food and Agriculture Organization (FAO).
Greater collaboration along the food and drink supply chain from supplier to retailer could help manage ongoing price volatility, according to PricewaterhouseCoopers (PwC).
The Food and Agriculture Organization (FAO) food price index rose in September, up 1.4% from its August level, putting further pressure on manufacturers to pass on increased costs.
Three United Nations agencies have urged governments to take immediate action on the rapidly rising cost of staple grains in order to avoid a repeat of the 2007-08 food crisis.
Crop production may be rising but not enough to bring down high and volatile agricultural commodity prices this year, according to the latest analysis from the FAO.
Higher oil prices, reflecting continuing unrest in the Arab world, could further destabilize volatile food markets; particularly cereals, warns the Food and Agriculture Organisation (FAO).
Trade-related factors may have played a greater role in the food price crisis of 2008 than previously thought, according to a new analysis of data on rice, wheat, maize and soybeans by the IFPRI, which finds that price hikes came on the back of surges...
Knee-jerk reactions to food prices only make matters worse, warns the International Food Policy Research Institute, which cites a number of reasons why we are not seeing a repeat of the 2007/8 food price crisis.
There’s nothing like a shortage of wheat to send some news media searching for superlatives. Talk of “soaring” wheat prices and “rocketing” bread prices were common, in the British press, after Russia decided to temporarily ban grain exports earlier this...
Global food prices have fallen this year to date as higher cereal production following 2008 spikes kick into the market place, but non-cereals are keeping them way above 2002-4 levels and there may still be trouble ahead.
Global food prices are on the rise again, the FAO warns, but a repeat of the 2007/08 spike does not look likely without the same disastrous confluence of factors.
Price volatility in grain markets and food security took centre stage at the first World Grain forum in St. Petersburg with Russia's President Medvedev underlining the "extremely unstable situation" in global food markets.
Defra has published its annual Food Statistics Pocketbook, which traces the precise direction of food prices in the UK over the last 12 months and gives insight into the tough implications for low income households.
The UK government is taking a grim view of effect of food prices on the political landscape and is establishing a council of food policy advisors – just as a report warns that food could be a factor to influence elections.
Food businesses have suffered from confusing government policies,
said the UK's Food and Drink Federation (FDF), which hopes Prime
Minister Brown's new strategy will provide greater clarity.
Food industry voices are joining those of politicians in the GM debate, hailing the controversial technology as the answer to the food supply crisis. But the hearts and minds of consumers must still be won.
As world leaders gather in Rome for the first day of talks on food
price escalation and, with luck, to settle on a common strategy to
deal with the crisis, the FAO has put a price on eradicating
hunger: $30bn.
A three-pronged approach including stepping up scientific research
and embracing innovative technology will help combat new food
challenges, says US secretary of agriculture, Ed Schafer.
Countries should not use export bans to cope with the current food
crisis as it would place further strains of the global situation,
said the World Bank.
While the world's media is bemoaning rising food prices, the French
government is sniffing around the food industry for signs of
gleeful profiteering. If it is right, the long-term losses of the
nouveau cher will be far greater...
UK supermarket ASDA has declared that it will swallow some of the
costs associated with rising food prices. Where increases are
unavoidable it will balance these out in the shopping basket by
keeping non-commodity-linked foods as...