GFM Network News


Global food prices rise in October after five months of falls

Reuters / Global food prices rose slightly in October after declining for the past five months, the United Nations food agency said Nov. 7, forecasting more stability in markets as it raised its estimate for 2013-14 cereals output. The rise in prices last month was fuelled by sugar costs, which increased due to concerns about […] Read more

Global food prices fall in August, FAO ups crop forecasts

Global food prices fell in August for the fourth month running, according to the United Nations’ food agency, which again raised its 2013-14 forecast for grain production. The Food and Agriculture Organization (FAO) said on Thursday that cheaper food last month reflected declines in corn, wheat and edible oils prices. Food prices surged during the […] Read more


Food prices to stay high in 2013, FAO says

Food prices will stay at high levels in 2013 and low stocks pose the risk of sharp price increases if crops fail, the United Nations’ food agency said on Thursday, after its index showed prices fell for the third month running in December. A surge in food prices over the summer of 2012 fuelled by […] Read more

One in eight of world population going hungry

Reuters / One out of every eight people in the world is chronically undernourished, the United Nations’ food agencies said Oct. 9, and aid groups warned that rising food prices could reverse gains in the fight against hunger. In a report on food insecurity, the UN agencies said 868 million people were hungry in 2010-12, […] Read more


One in eight of world population going hungry, UN says

One out of every eight people in the world is chronically undernourished, the United Nations’ food agencies said Tuesday, warning that progress to reduce hunger has slowed since 2007-08 when high food prices sparked riots in several poor countries. In their latest report on food insecurity, the UN agencies estimated that 868 million people were […] Read more



World food prices stabilize, but UN urges action

World food prices stabilized in August at levels close to those reached in the food crisis of 2008, and global grain stocks are likely to shrink this year as cereal crop output falls short of what is needed, the United Nations food agency said on Thursday. The UN Food and Agriculture Organization’s (FAO) director-general Jose […] Read more




Food prices may ease in 2012 but won’t drop: FAO

Prices of some foods may ease slightly in 2012 due to a slowing global economy but are unlikely to drop drastically from the high levels reached last year, the new director-general of the U.N.’s Food and Agriculture Organization said on Tuesday. Jose Graziano da Silva, the Brazilian who replaced Senegal’s Jacques Diouf at the helm […] Read more