Companies that have paid to source agricultural produce that complies with the European Union's anti-deforestation law would lose out if the EU decides to delay implementing the legislation by a year, industry groups and traders said.
EU deforestation law delay brings losses to most vigilant companies
World food price index ends 2023 some ten per cent below 2022 levels
Cereal prices, vegetable oils slumped most over the year, FAO says
The Food and Agriculture Organization's (FAO) price index, which tracks the most globally traded food commodities, averaged 118.5 points in December, down 1.5 per cent from November and 10.1 per cent below December 2022 levels.
U.S. nitrogen exports jump as Europe scrambles for fertilizer
Limited ability to backfill means there may be future “crisis of availability”
Reuters – American exports of nitrogen fertilizers jumped to a multi-year high this summer after surging natural gas prices in Europe drove up costs of producing the crop nutrient there, making U.S. shipments more competitive. The brisk U.S. sales highlight the far-reaching effect of the war in Ukraine on global food and energy supplies. Russia,
Nearly a million people face starvation in hunger hotspots, U.N. agencies report
London | Reuters — Nearly one million people in Afghanistan, Ethiopia, South Sudan, Somalia and Yemen are starving or will face starvation this year in the absence of aid, as the global food crisis worsens, United Nations agencies warned on Wednesday. Local conflict and weather extremes remain the primary drivers of acute hunger, aggravated this
U.K. seeks investigation into alleged Ukraine grain theft
British farm minister says she’s heard ‘very serious’ allegations against Russia
Reuters – Britain’s farming minister has called for an immediate investigation into allegations that Russia has been stealing grain from Ukraine, following Moscow’s invasion which has driven up world food prices to record levels. Black Sea ports in Ukraine, the world’s fourth-largest grains exporter, have been blocked since the invasion, with about 20 million tonnes
Ukraine war already impacting food security, U.N. agency warns
London | Reuters — The war in Ukraine is already resulting in rising food prices and a shortage of staple crops in parts of central Asia, the Middle East and north Africa, the United Nations International Fund for Agricultural Development (IFAD) said on Thursday. The Russian invasion of Ukraine last month has severely curtailed shipments
WFP ramps up food aid to Ukraine amid reports of severe shortages
London | Reuters — The World Food Programme said on Friday it is ramping up food aid to war-torn Ukraine, citing reports of severe shortages of food and water in Kyiv, the capital, and the northeastern city of Kharkiv. The U.N. agency said it is in the process of finding partners in Ukraine to help
British meat, seafood exports to EU recovered in February — govt. official
Reuters – Britain’s meat and seafood exports to the European Union recovered in February from the January slump that followed the country’s exit from the EU’s single market and customs union, a government official said recently, citing preliminary data. Additional checks and paperwork for British exports since the end of the Brexit transition period on
Two pandemics and Brexit leave U.K. pig sector in peril
Reuters – For British pig farmers like Simon Watchorn, the start of 2021 has brought fresh problems after a pandemic-ridden 2020. British pork producers have seen their profits eroded by COVID-19 and an outbreak of deadly African swine fever (ASF) in Germany, and are now having also to deal with Brexit red tape that has
Cyber-Savvy Farmer
