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Tag Archives food prices

News, Oilseeds

UAE Eyes Farmland Deals In Ukraine

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“Already we have received a lot of interest from the UAE to invest in Ukraine’s agriculture sector, and we are offering all kinds of projects such as leasing of 100,000 hectares of land to the creation of animal farms with 3,000 cows.” AUnited Arab Emirates delegation plans to visit Ukraine to look at opportunities to
Cereals, Crops

FAO Raises 2009 Cereals Forecast Despite Rice Dip

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“…world cereal utilization in 2009-10 was expected to grow faster than earlier anticipated, in part due to weaker prices.” World cereal production this year is expected to be 2.234 billion tonnes, just two per cent below last year’s record crop and nearly 26 million tonnes higher than previously expected, the United Nations said Nov. 10.
News

Investor Fund Seeks To Buy Farmland

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Aprivate sector agriculture fund worth $350 million plans to launch by the end of the year in the Gulf, with an aim to acquire farmland in Eastern Europe and Africa, an executive told Reuters Nov. 11. Gulf countries, mainly reliant on food imports, have increased efforts over the last year to buy or lease land
News

Guidelines Could Help Improve Farmland Deals

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A draft of the first-ever international code of conduct for farmland deals should be ready by the end of the year, the head of the United Nations’ International Fund for Agricultural Development said. The draft document will lead to more discussion about how to ensure deals benefit host nations, as well as those seeking to
News

Global Food Security Plans Too Narrow

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Global plans to reduce hunger by boosting food production are too narrowly focused on farming without considering how to slow population growth or halt climate change, longtime environmental analyst Lester Brown said Sept. 29. The Obama administration and leaders of other wealthy nations have promised to spend more money and coordinate efforts to reduce the
Crops

Bacteria Could Transform Ethanol Sector

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A compost bacteria bred by a British company could be set to transform both the profitability and environmental credentials of the U. S. ethanol industry. “The application of our technology results in the greening of corn ethanol,” Hamish Curran, chief executive officer of TMO Renewables Ltd. said in an interview Sept. 15. The company provides
Crops

Aid Sought As Drought Hits Kenya’s Maize

The UN’s World Food Program (WFP) appealed Aug. 25 for more than US$230 million to provide emergency food aid over the next six months for 3.8 million Kenyans affected by deepening drought and high food prices. Experts say Kenya’s output of its staple food maize is likely to be just 15 million 90-kg bags this
News, Oilseeds

Renewed Food Inflation Risk As Funds Eye Edible Oils

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Less than two years after a surge in global food prices caused panic and riots around the world, investors are starting to return to vegetable oil markets and raising the spectre of renewed food price inflation. Billions of dollars change hands annually in the markets for palm, soybean and other vegetable oils, which are used
Cereals, Crops, Oilseeds

Big U. S. Soy, Corn Crops May Deflate Price Boom

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U. S. farmers this year will reap their largest soybean crop ever and their second-largest corn crop, mammoth harvests that will deflate an ethanol-fuelled price boom, the government said Aug. 12. In its first estimate of the fall harvest, the Agriculture Department estimated the soybean crop would be a record 3.199 billion bushels, up eight

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