Fox Business - The Power to Prosper
Search Site

Food And Agriculture Organization

World Food Prices Jump Again In March

Global food prices rose to their highest in almost a year in March, led by unfavorable weather for crops and political tensions over Ukraine, the United Nations food agency said on Thursday.The Food and Agriculture Organisation's (FAO) price index, which measures monthly price changes for a basket of cereals, oilseeds, dairy, meat and sugar, averaged 212.8 points in March, up 4.8 points or 2.3 percent from February. The reading was the highest since May 2013.While weather was the most important factor affecting crops, Russia's annexation of Crimea introduced fear into grain markets and the wheat market in particular, and risked damaging trade patterns, a FAO senior economist told Reuters."Political tensions of the sort we see today have the risk of taking us back to a Cold War situation, where countries make purchases of grain not only based on price differences offered but also because of political alliances," Abdolreza Abbassian said.In March, FAO's cereal price index rose significan...

Read More

  1. Analysis: What's eating Australia? Foreign buyers at the farm gate

    Australia risks losing an opportunity to become a farmyard for Asia, as growing unease over foreigners buying rural land threatens to provoke protectionist policies ...

  2. World food prices rise, stay close to crisis levels: FAO

    World food prices rose in September and are seen remaining close to levels reached during the 2008 food crisis, the United Nations' food agency said on Thursday, whi...

  3. World food prices edge up in Sept: FAO

    World food prices rose slightly in September, approaching levels reached during the food crisis in 2008, the United Nations' food agency said on Thursday, trimming i...

  4. UN Urges Action On Potentially Catastrophic Food Prices

    Urgent action is needed to ensure rising world food prices don't turn into a catastrophe, the United Nations said Tuesday, but it cautioned that panic buying and exp...

  5. FAO , UN Agencies Appeal For Action to Combat Rising Food Prices

    The Food and Agriculture Organization and other United Nations agencies on Tuesday appealed for urgent action to combat rising food prices.The FAO, the World Food Pr...

  6. Al's Emporium: Fast Food Slows Down

    Throughout this never-ending era of high unemployment and declining wages, McDonald's has served as a global food bank.As recession fare goes, you simply can't beat ...

  7. USDA Slashes Corn Yield Forecast

    U.S. corn and soybean crops have been slashed even more than expected by the worst drought in half a century and will fail to replenish ultra-low stockpiles, a U.S. ...

  8. Drought Fans Fears of New Food Crisis

    Global alarm over a potential repeat of the 2008 food crisis escalated on Thursday after data showed food prices had jumped 6 percent last month and importers were s...

  9. Global Food Prices Rise 6% In July, U.N. Says

    Global food prices surged 6% in July driven by sharp increases in grain and sugar prices, the Food and Agriculture Organization of the United Nations said on Thursda...

  10. U.N. Warns of Potential Food Crisis

    World food prices surged in July after falling in the previous three months and could rise further, increasing the potential for a food crisis of the kind seen in 20...

  11. SOFTS HIGHLIGHTS: Top Stories Of The Day

    SUGAR World Food Prices Rebound Strongly In July On US DroughtWorld food prices rose by 6% in July, the United Nations' Food and Agriculture Organization said Thursd...

  12. Decision Points: Organic Versus Conventional Produce

    While conventionally-grown produce is often cheaper than the organic variety, some organizations, such as the Environmental Working Group (EWG), say that buying orga...

  1. U.S. Farms Shift from Crisis to Bumper Crop

    For much of the past six years, the global grain markets have lurched from one crop crisis to the next, keeping inventories low and food prices high.Now, as harvest ...

  2. Global food prices fall 1.9 percent in August: FAO

    Global food prices fell in August for the fourth month running, driven by declines in cereals and edible oils prices, the United Nations' food agency said on Thursda...

  3. Nigeria Seeks Economic Diversification in Agriculture Push

    Nigeria's agriculture ministry has attracted $8 billion in foreign investment and aims to boost that to just over $10 billion by 2015, the country's minister of agri...

  4. World Food Prices Rise in March on Dairy Surge

    Global food prices rose 1% in March, the United Nations' food agency said on Thursday, pointing to a surge in dairy costs, while cereals prices were little changed a...

  5. Opponents Fail to Overturn Shark Protection Deal

    Japan, China and other nations that support shark fishing Thursday lost a bid to overturn a deal that offers global trade protection for several species of the ocean...

  6. Food Prices Hold Steady Wheat Output to Rise

    World food prices held steady in February as falling wheat and sugar offset gains in vegetable oils and dairy prices, the United Nations' food agency said, forecasti...

  7. Global Food Prices Drop in December

    FBN's Melissa Francis breaks down mid-afternoon market news.

‹ Prev1234Next ›
Freebase CC-BY
Source: Food And Agriculture Organization on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL