• International Food

    Global food prices are at their highest in a decade: UN | Food News

    The United Nations’ Food Price Index climbed for a fourth straight month in November to its highest level since June 2011. The price of food staples continued to grow in November amid a global environment of strong demand and tight supply, according to the United Nations’ Food and Agriculture Organization (FAO). The FAO’s Food Price Index, which measures the monthly change in the international price of cereal, dairy, meat, vegetable oils and sugar, jumped 1.6 points in November from the previous month to 134.4. That is the highest level in a decade and the fourth consecutive month the index has  

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  • Trending Food

    Food prices, coronavirus news & more: What’s trending today

    A look at some of the top headlines trending online today around the world including Thanksgiving meal shopping and food price increases, coronavirus updates and much more. Top stories Thanksgiving dinner will gobble up more of your cash as turkey, other food prices rise (Orlando Sentinel) Thanksgiving shoppers may not find everything on their grocery list (CBS) US food banks struggle to feed hungry amid surging prices (AP) Even hot dogs, burgers and deli meats will soon get more expensive (CNN) Judge rejects Trump’s bid to block release of Jan. 6 documents  

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  • International Food

    Why Global Food Prices Continue to Climb

    This article is republished from The Conversation under a Creative Commons license. Read the original article. Global food prices shot up nearly 33 percent in September compared with the same period the year before. That’s according to the UN Food and Agriculture Organization (FAO)‘s monthly Food Price Index, which also found that global prices have risen by more than three percent since July, reaching levels not seen since 2011. The Food Price Index is designed to capture the combined outcome of changes in a range of food commodities, including vegetable oils, cereals, meat and sugar, and compare them month  

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  • International Food

    World food prices hit 10-year peak -FAO

    PARIS, Oct 7 (Reuters) – World food prices rose for a second consecutive month in September to reach a 10-year peak, driven by gains for cereals and vegetable oils, the United Nations food agency said on Thursday. The Rome-based Food and Agriculture Organization (FAO) also projected record global cereal production in 2021, but said this would be outpaced by forecast consumption. FAO’s food price index, which tracks international prices of the most globally traded food commodities, averaged 130.0 points last month, the highest reading since September 2011, according to the agency’s data. The figure compared with a revised 128.5 for  

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  • Coffee News

    Coffee shops face shortages of labor, cups, rising coffee prices

    With frost in Brazil disrupting coffee bean production, the price of Arabica coffee beans surged by more than 40% in the past year to more than $2 a pound — a level last experienced in 2014. The price this month retreated to about $1.91 a pound. But a couple of local coffee shop owners say the climbing bean prices haven’t affected their businesses as much as increases in shipping costs, shortage of packaging materials, lack of workers and scarcity of plastic cups. Andrew Keim, the owner of Pioneer Collective Coffee in Massillon and Dalton, said the cost to ship coffee  

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  • Coffee News

    SOFTS-Coffee prices surge as Brazil frost damage assessed

    . LONDON, July 26 (Reuters) – Arabica coffee futures on ICE rose by 10% on Monday, climbing towards the prior session’s 6-1/2 year high, buoyed by concerns that strong frosts in Brazil last week may have done extensive damage to trees in the world’s top producer. COFFEE * September arabica coffee KCc1 rose 18.85 cents, or 10%, to $2.0785 per lb by 1000 GMT after peaking at $2.0795, just shy of Friday’s 6-1/2 year high of $2.0950. * Strong frosts reported over Brazil’s agricultural regions last week hit up to 200,000 hectares (495,000 acres) of arabica coffee farms, or 11%  

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  • Trending Food

    Trending Headlines: Drought, markets, food prices & grasshoppers

    This week’s Trending Headlines highlights the ongoing challenges facing ranchers in the western states including swarms of grasshoppers and increasing drought conditions. We also take a look at cattle markets and rising food and fuel prices. The blog wraps up with a look at Biden’s executive order to address competition in various industries, as well as an update on the farmer debt forgiveness program and the response from producers across the country. 1. “Cattle are competing against grasshoppers for food in the West’s historic drought. The bugs are winning.” by Rachel Ramirez for CNN Related: Legislation pushes back on Biden’s  

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