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The Latest Breaking News from FAO

World food prices jumped nearly in March to a new record high as the war in Ukraine caused turmoil in markets for staple grains and edible oils, the UN food agency said on Friday. The Food and Agriculture Organization's (FAO) food price index, which tracks the most globally traded food…

Asharq Al-Awsat

Explained: Why prices of lemon, chilli & other vegetables are rising

NEW DELHI: Repeated hikes in fuel prices in the last 12 days has impacted the common man from all angles. Not only has it raised their daily commute cost, but is now pushing up food bills too.

The Times of India

Russian invasion of Ukraine fuels record food prices

The Food Price Index rose 12.6% from February, when it reached its highest level since its inception in 1990.

Axios

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Global food prices rise to highest ever levels after Russian invasion

World wheat prices soared by 19.7% in March as war in Ukraine disrupted Black Sea exports, FAO price index reveals

The Guardian - UK

Food prices soar to record levels on Ukraine war disruptions

The United Nations says prices for world food commodities like grains and vegetable oils have reached their highest levels ever because of Russia's war in Ukraine

The Independent UK

World food prices hit record high over Ukraine war: FAO

The disruption in export flows resulting from the February 24 invasion and international sanctions against Russia has spurred fears of a global hunger crisis, especially across the Middle East and Africa, where effects are already visible

The Hindu

Food prices jump most on record as war sparks supply chaos

Global food prices are surging at the fastest pace ever as the war in Ukraine chokes crop supplies, piling more inflationary pain on consumers and worsening a global hunger crisis.

Bangkok Post

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Australia's chief vet travels to Indonesia as urgent vaccine rollout begins for lumpy skin disease

Australia's cattle herd is facing its most serious threat in decades, experts say, as authorities race to contain a disease outbreak in Indonesia.

ABC News

Egypt Bans Exports of Vegetable Oil and Corn for 3 Months

Egypt's trade ministry on Saturday banned exports of all kinds of vegetable oil and corn for three months starting from March 12, the ministry said in a statement. Egypt said on Thursday it was banning exports of lentils, pasta, wheat, flour and fava beans for three months from March 11.…

Asharq Al-Awsat

Attack on Ukraine could spike food costs

"The global number of undernourished people could increase by eight to 13 million people in 2022 and 2023," says a new report by FAO, the global food agency.

Salon

U.N. agency warns Ukraine war could trigger 20% food price rise

International food and feed prices could rise by up to 20% as a result of the conflict in Ukraine, triggering a jump in global malnourishment, the United Nations food agency said on Friday.

Reuters

UN Agency Warns Ukraine War Could Trigger 20% Food Price Rise

International food and feed prices could rise by between 8% and 20% as a result of the conflict in Ukraine, triggering a jump in global malnourishment, the UN food agency said on Friday. In a preliminary assessment of Russia's invasion of its neighbor, the Food and Agriculture Organization (FAO) said…

Asharq Al-Awsat

Food prices jump 20.7% yr/yr to hit record high in Feb, U.N. agency says

(This March 4 story corrects to replace year-on-year pct change in headline and first paragraph to 20.7% from 24.1% after FAO issued an official correction)

Reuters

Transforming our agrifood systems

The current nutrition situation in Asia and the Pacific is difficult in many areas across the region. About 40% of its inhabitants cannot afford a healthy diet, and in some areas the fight against hunger has seen reversals rather than advances.

Bangkok Post

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Asharq Al-Awsat

UN Says Horn of Africa Drought Kills over 1.5 Million Livestock, Warns of Catastrophe

Drought in the Horn of Africa has killed more than 1.5 million livestock and drastically cut cereal production, “and we are most definitely now sitting on the brink of catastrophe,” a senior official for the UN Food and Agriculture Organization said Monday. Rein Paulsen, FAO’s director of emergencies and resilience…

Bangkok Post

UN: Food prices rise in Jan, led by vegetable oils

ROME: World food prices rebounded in January and remained near 10-year highs, led by a jump in the vegetable oils index, the United Nations food agency said on Thursday.

Reuters

Food prices rise in Jan., led by vegetable oils, U.N. agency says

World food prices rebounded in January and remained near 10-year highs, led by a jump in the vegetable oils index, the U.N. food agency said on Thursday.

Bangkok Post

The peril of food-price inflation

The question of how best to control inflation is back on the economic policy agenda, and opinion is divided about how to address it. The mainstream view emphasises the need for tighter monetary policies and regards higher interest rates and reduced liquidity provision as justified, even if they dampen the…

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