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PARIS, France (AFP) — World food prices fell sharply in July, partly thanks to a deal between Ukraine and Russia lifting a sea blockade that had stopped Ukrainian grain shipments, a UN agency said Friday. Food prices soared to a record high in March after Russia invaded Ukraine, raising fears that the conflict between two of the world’s breadbaskets would spark hunger in countries relying on their exports. While prices remain high, they have […]
by Bhuvan BAGGA Agence France Presse NEW DELHI, India (AFP) — India has banned wheat exports, sending bushel prices to record highs and drawing criticism from the Group of Seven worried about protectionism as inflation soars in the wake of the Ukraine war. – What did India announce? – The world’s second-largest producer of wheat said that traders could only enter into new export deals with express government approval. Still permitted are requests approved […]
by Sofia BOUDERBALA Agence France Presse Wheat prices surged to a new record high in European trading on Monday after India decided to ban exports of the commodity as a heatwave hit production. The price jumped to 435 euros ($453) per tonne as the Euronext market opened, up from the previous record of 422 euros reached on Friday. Global wheat prices have soared on supply fears since Russia’s February invasion of agricultural powerhouse Ukraine, […]
UN Secretary-General António Guterres presented the first detailed policy brief issued by the Global Crisis Response Group on Food, Energy and Finance (GCRG), which he set up to study the effects of the war in Ukraine on the world’s most vulnerable. Here is a summary of the findings, and some of your key questions answered, on what the Group aims to achieve. Speaking at the launch of the brief, Mr. Guterres pointed out that, whilst […]
by Selim SAHEB ETTABA Agence France-Presse Bahaté, Ukraine (AFP) – In an endless field in southwest Ukraine, farmers began to plant sunflower seeds at the start of the sowing season, but a fuel shortage threatens production in the war-torn country, whose land feeds millions around the world. The world’s top producer of sunflower oil and a major exporter of wheat is a breadbasket of the world under threat from the Russian invasion. This means the […]
by Kerry Sheridan Agence France-Presse MIAMI, United States (AFP) — Rising carbon dioxide levels from global warming will drastically reduce the amount of protein in staple crops like rice and wheat, leaving vulnerable populations at risk of growth stunting and early death, experts warned Wednesday. Researchers say they still don’t understand how or why carbon dioxide emissions sap protein and other nutrients from plants, but the mystery is one that could have devastating consequences across […]
South Korea is losing some of its appetite for rice in favour of wheat as bread and pastries become a trendy new staple. From working mothers, who find toast more convenient to prepare for breakfast, to city dwellers flocking to trendy eateries for baguettes, South Koreans are at the forefront of an Asia-wide trend that has seen wheat demand climb at nearly twice the rate of rice consumption since 2008. “I am very busy in […]
