Abu Dhabi | Reuters — World food prices are seen falling further this year having settled near their lowest in seven years pressured by slowing economic growth, the United Nations’ Food and Agriculture Organization’s (FAO) director general said Tuesday. The FAO’s food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy […] Read more
FAO chief expects food prices to fall further
Low dollar won’t necessarily make 2016 a banner year for local produce
Cash-strapped produce consumers may go for ‘most bang for their buck’ in beleaguered Albertan economy
Reading Time: 3 minutes Some might think the low Canadian dollar might make 2016 a good year for local produce growers. Not necessarily, say two experts in the field. “The talk I’ve heard is that high food costs will normalize farmers’ markets or direct-market sales. These might have cost a little bit more before. Our cost of production is […] Read more
Threat of food crisis seen fading as grain stocks climb
London | Reuters — A sudden change in the weather no longer raises the spectre of a food price crisis, with grain stocks rebuilt and governments now paying much closer attention to agriculture, a senior United Nations economist said in an interview Monday. “The buffer is big and unexpected shortfalls can be met by (grain) […] Read more
Price of bread, pasta on the rise
Reading Time: 3 minutes Prices for U. S. bread and pasta are up nearly 10 per cent from last year, even as the price of wheat used to make the products has fallen 60 per cent from a record high set a year ago. And while prices have levelled off in recent months, they are not likely to fall […] Read more
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