Energy reporter Platts will use its purchase of consultancy Kingsman to strengthen its coverage of biofuels but will find it harder to use the acquisition to extend its business model into grains and oilseeds, market sources said on Friday. Platts, a division of McGraw-Hill, announced on Thursday it was acquiring the sugar and ethanol consultancy.
Asenior United Nations food expert appealed June 20 for a massive investment in smallholder farming to end poverty and hunger. In an interview before the G20 meeting of farm ministers, Josef Schmidhuber, deputy director of the statistics division of the Food and Agriculture Organization (FAO), said local poverty was the root cause of hunger, not
U.K. charity Oxfam, warning that food demand will have jumped by 70 per cent by 2050, said soaring food prices and weather and financial shocks had aggravated the hunger crisis and that the global food economy was broken. “The food system is pretty well bust in the world,” Oxfam chief executive Barbara Stocking told reporters,
Agricultural commodity prices are likely to fall in the short term as investment funds exit the market but should recover eventually in line with their fundamentals, fund managers told a conference Oct. 7. Asked what impact the financial crisis would have on staple food commodities such as sugar, wheat and coffee, Chris Armitage, managing director