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Cereals, News

FAO Warns On Oil As World Food Prices Hit Record

Global food prices hit a record high in February, the United Nations said March 3, warning that fresh oil price spikes and stockpiling by importers keen to head off popular unrest would hit already volatile cereal markets. Rising food prices are a growing global concern, partly fuelling the protests which toppled the rulers of Tunisia
News

Russia May Extend Grain Export Ban

Russia, worried by soaring food prices and a shortage of grain to feed its livestock, may extend its ban on grain exports until the end of the year, Deputy Prime Minister Viktor Zubkov said. “We are working on potential forecasts that involve keeping the ban in place until the end of the year,” Zubkov told
Cereals, Crops, News

China Has A Stockpile

China is holding 100 million tonnes of wheat stocks, around the same amount as its annual output, a top economic planning official said March 6, reiterating Beijing’s resolve to keep grain prices in check. In a rare statement of the country’s grain stocks, Zhang Ping, head of the National Development &Reform Commission (NDRC), the country’s
Hogs, News

In Brief… – for Mar. 10, 2011

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Cash for clunkers:Russia will spend an extra four billion rubles from this year’s budget to subsidize farm equipment leasing and may look into a “cash for clunkers” scheme to boost tractor purchases, Prime Minister Vladimir Putin said. “I hope it will help reap a good harvest and stabilize the situation with food prices,” he told
Crops

Britain Threatens To Withdraw From FAO

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Britain said Feb. 26 it could leave one of the United Nations’ agencies fighting hunger unless it improves its “patchy” performance. The threat to pull out of the Food and Agriculture Organization (FAO) follows a review of British overseas aid ordered by the nine-month- old coalition government, which administers one of the world’s biggest aid
News

Seed Bombs Planted In Vacant Urban Lots

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Forget potted plants and privet hedges; a group of Buenos Aires artists want to make the Argentine capital a free-for-all kitchen garden, turning neglected parks and verges into verdant vegetable patches. Following in the footsteps of “guerrilla gardeners” who have been scattering flower seeds in vacant lots and roadsides in cities such as London and
Grain Markets

U.K. Farmers Seek National Food Plan

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Britain needs a national food plan that makes production a strategic priority and curbs its increasing reliance on imports, Peter Kendall, president of the National Farmers Union said Feb. 15. Kendall told the NFU’s annual conference that global food prices were at an all-time high and had played a role in major upheavals in North
News

Food Inflation Controls May Backfire

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Government efforts to control prices, now that food inflation has risen to the top of political agendas across the globe, may hamper a needed increase in supplies, a Cargill director warned Feb. 15. Paul Conway, senior vice-president and board member with the U.S. agribusiness and trading giant, said it was clear that political instability in
News

Food Prices Hit “Dangerous Levels”

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World Bank chief Robert Zoellick says global food prices have reached “dangerous levels,” and warns that their impact could complicate fragile political and social conditions in the Middle East and Central Asia. World Bank data released on Feb. 15 showed higher food prices – mainly for wheat, maize, sugars and edible oils – have pushed
News

Canada’s Food System Needs An Overhaul

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The federal and provincial governments should encourage farmers to ramp up production this year to take advantage of strong prices but also help ease tight world stocks of grain and other commodities, says the Canadian Agri-Food Policy Institute (CAPI) and the Canadian Federation of Independent Business. They issued reports in early February urging gover nments

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