World food prices: Sugar bucks the trend for June

8 July, 2011 by (comments)

Food prices remained high for June, rising one percent on the FAO Food Price Index of May and 39 percent higher than in June 2010.   However, cereal prices were down one percent from May, thanks to improved weather conditions in Europe and the lifting of the wheat export ban in Russia. Dry weather affected sugar production in Brazil, the world’sRead More …

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Filed Under: Crops @en

FAO-OECD: Outlook grim for food prices over next decade

17 June, 2011 by (comments)

Global food prices have risen by 40% in the last year. This upward trend is here to stay, estimates the FAO and OECD in their new report Agricultural Outlook 2011-2020. According to the report, agricultural production is expected to rise by 1.7% annually, compared to the 2.6% growth rate of the past decade. Cereal prices could average as much as 20%Read More …

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Filed Under: Crops @en

Cyclone Yasi pushes up sugar prices to new high

3 February, 2011 by (comments)

First there were devastating floods, now Cyclone Yasi, which battered the state of Queensland in Australia yesterday, is thought to have destroyed half of the state’s sugar crop, forcing up the price of sugar on world markets to an all-time high. Here are some vital statistics: – Queensland is among the world’s top three sugar cane exporters – QueenslandRead More …

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Filed Under: Agro-ecology and Economics @en

Food prices worldwide reach highest ever level…

19 January, 2011 by (comments)

…according to Today, the BBC’s flagship radio news programme. That’s higher than the peak during the food price crisis of 2008, which triggered foot shortages, riots, and contributed to the toppling of at least one government. Former World Bank chief economist Joseph Stiglitz, speaking on the programme, blamed high agricultural subsidies – particularly in the United States and EuropeRead More …

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Filed Under: Agro-ecology and Economics @en

World Food Prices – CIAT Analysis

17 January, 2011 by (comments)

CIAT’s economist Bernardo Creamer talks about the recent rises in world food prices, and compares the situation now with the world food price crisis of 2006-2008. He also raises the importance of improving agricultural research-and-development to improve crop productivity to reduce the impact of adverse weather and climate change on yields and therefore food prices.

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Filed Under: Agro-ecology and Economics @en