11 July 2014, Rome - The recent fall in prices of major crops is expected to continue over the next two years before stabilising at levels above the pre-2008 period. These prices, however, will remain below recent peaks. This is according to the latest Agricultural Outlook produced by the OECD and FAO. Demand for agricultural products is also expected to remain firm while expanding at lower rates than in the past decade. Cereals are still at the core of what people eat, but diets are becoming higher in protein, fats and sugar in many parts of the world as (...)
09 July 2014, Rome – In 2004, an FAO project to equip small fishing communities with the tools and know-how to dry fish on raised racks, was implemented along the shores of Lake Tanganyika in Burundi. Ten years later the project is seen to be a great success and the impact was seen across the continent.
3 July 2014, Rome – The FAO Food Price Index was down for a third consecutive month in June. This decline was mostly influenced by lower wheat, maize and palm oil prices that reflected ample supplies and improved global production prospects for these commodities. The Food Price Index, based on the prices of a basket of internationally-traded food commodities, averaged 206.0 points in June 2014, down 3.8 points (1.8 percent) from May and nearly 6 points (2.8 percent) below the June 2013 level. The index had risen to a ten-month high of 213 points in March 2014, but fell in (...)
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