Food Prices To Remain High

“If we get a climate shock in one of the major producing countries, then we are back to Square 1.” – JACQUES DIOUF Food prices are likely to rise again on resumed demand for agricultural commodities for food and energy and higher input costs due to rising oil prices, the United Nations’ food agency said

FAO Sees Less Wheat, More Coarse Grains

World wheat output could fall by five per cent in 2010 after two bumper crop years, but coarse grain output may rise, the United Nations’ food agency said. Wheat-planted areas in the United States dropped to the lowest level in almost a century because of bad weather and falling prices, the UN Food and Agriculture


World Meat Demand Growing

REGION PER CAPITA MEAT CONSUMPTION (KG/PERSON/YEAR) East and South Asia and the Pacific Latin America and the Caribbean North America and Europe Sub-Saharan Africa * Following is a table with projections of meat consumption in different regions: Central and West Asia and North Africa 2050 33 51 77 89 22 2020 20 28 58 83

Low Donor Support For Haiti Farming Alarms UN Body

Only eight per cent of a $23 million appeal to help Haiti revive food production after a devastating earthquake has been funded, the UN Food and Agriculture Organization (FAO) said Feb. 12. At a meeting of UN agencies in Rome also attended by Haiti’s agriculture minister one month after the earthquake, FAO director general Jacques


Indonesia To Limit Foreign Ownership In Food Estates

Indonesia will limit foreign ownership in food estates, such as rice cultivation, to less than 49 per cent, Agriculture Minister Suswono said Jan. 28, a decision that could discourage investor interest. Saudi Arabia, China and other countries are acquiring farmland abroad as part of efforts to achieve greater food security, following sharp increases in food

Food Safety Culture Grows Among Processors

Food safety has become a critical issue for consumers, governments and industry leaders, according to a recent report on food safety management released by Deloitte. Eighty-three per cent of consumers can name a product that was recalled due to safety concerns in the last two years; 76 per cent of consumers report they are more


Excess Liquidity Driving Up Food Prices

Excess liquidity in global markets is driving up prices of farm commodities, which could be potentially dangerous in the near term, World Bank president Robert Zoellick said Dec. 11. With global interest rates at historic lows, investors are piling into different markets and asset classes in search of higher returns, raising concerns about possible asset

Groundbreaking Moments In Global Agriculture

Chicago | Reuters – Organized cultivation of food crops like wheat and barley began about 10,000 to 12,000 years ago in the Fertile Crescent, what is now the Middle East. Great strides in agriculture have been made since through innovation, technology and genetics to help feed the world’s growing population. Despite this, however, more than


Buying Of Developing Countries’ Farmland Slows: UN

“Maybe some of them don’t want to take this political risk, reputational risk and economic risk.” – JEAN-PHILIPPE AUDINET, IFAD The pace at which investors in richer countries have been buying farmland in developing nations has slowed with the fall in food prices this year from peaks hit in 2008, United Nations farming experts said

East Africa Seen Needing Billion-Dollar Food Fund

The United Nations’ emergency food aid agency needs US$1 billion to feed 20 million people in east Africa over the next six months, it said Nov. 18. Around half of that money is needed for Ethiopia alone, Ramiro Lopes da Silva, director of emergencies at the World Food Program, said on the sidelines of a