Food & Commodity

Tea prices to remain firm: FAO

Tea_consumption_is_set_to_grow_at_1.8_per_cent_per_annumEarly forecasts for 2012 indicate continuing firm prices for tea, which averaged US$2.85 per kg in 2011, according to FAO’s Intergovernmental Group on Tea

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Global food prices rise in January, reach historic peak



The FAO Food Price Index rose by nearly two per cent or four points from December to JanuaryThe FAO Food Price Index rose by nearly two per cent or four points from December to January– its first increase since July 2011

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New projection shows global food demand doubling by 2050

Global food demand could double by 2050Global food demand could double by 2050, according to a new projection by David Tilman, Regents Professor of Ecology in the University of Minnesota’s College of Biological Sciences, and colleagues, including Jason Hill, assistant professor in the College of Food, Agricultural and Natural Resource Sciences.

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IRRI launches Sustainable Rice Platform initiative

IRRI_launches_Sustainable_Rice_Platform_initiativeRice consumers worldwide can now look forward to eating “green” rice with the launch of an initiative that will set environmentally sustainable and socially responsible rice production management standards.

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Global food prices on down trend after December fall



Food prices fell in December 2011 with the FAO Food Price Index dropping 2.4 per cent, or five points from NovemberFood prices fell in December 2011 with the FAO Food Price Index dropping 2.4 per cent, or five points from November. At its new level of 211 points, the Index was 11.3 per cent (27 points) below its peak in February 2011.

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