GFM Network News

More Than Six Million Need Food Aid In N. Korea

Reading Time: 2 minutes More than six million people in North Korea urgently need food aid because of substantial falls in domestic production, food imports and international aid, the United Nations said May 25. In a report providing a rare glimpse into the reclusive communist state, where a famine in the 1990s killed an estimated one million people, three […] Read more

Bring back food commodity trade rules: FAO

Market deregulation since 1999 has fuelled speculation on commodities markets, and that needs to be corrected to curb food price volatility, the head of the United Nations’ Food and Agriculture Organization said Thursday. “We have created an environment that allows pure speculation,” FAO director general Jacques Diouf told Reuters Insider TV shortly after the agency […] Read more

U. S. Farm Group Backs World Grain Reserve Proposal

Reading Time: 2 minutes Setting up a world grain reserve is a realistic option that would reduce the risk of food shortages and shield farmers from big price shocks, a senior official with the U. S. National Farmers Union said March 19. The proposal to create global cereal stocks topped the agenda of a meeting of farmers’ unions from […] Read more