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Tag: food prices
World Bank says global food prices fell again in latest period
2013-07-26 01:48:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Global food prices fell by 2 percent in the latest four-month period, marking the third straight period of declines, as declining imports in the Middle East and North Africa, and lower demand pushed prices down 12 percent from their August 2012 peak, the World Bank said on Thursday. The World Bank's Food Price Index showed international prices of wheat fell by 2 percent, sugar by 6 percent, soybean oil by 11 percent, and maize, or corn, by 1 percent during the four-month period between February...
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NEDA: June Food Prices Stable Despite Higher Petroleum Prices
2013-07-08 02:00:00| ThePigSite - Industry News
PHILIPPINES - The National Economic and Development Authority (NEDA) said that prices of food commodities were stable in June 2013 despite higher petroleum prices for the said month.
Global food prices fall 1% as supply prospects improve
2013-07-04 16:58:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Global food prices fell 1% in June due to improving supply prospects, the United Nations' food agency has said , raising forecasts for wheat and maize output in the new season. Food prices spiked during the summer of 2012 due to a historic drought in the US but prospects for a rebound in global grain supply and good weather forecasts are now weighing on markets. The Food and Agriculture Organisation's (FAO) price index that measures price changes for a basket of cereals, oil seeds, dairy, meat...
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Ethanol Mandate Drives Up Food Prices, Hurts Restaurants
2013-06-27 11:47:00| Beef
A new study by PwC (PricewaterhouseCoopers) shows the effect that the Renewable Fuels Standard has on food costs for chain restaurants. The study found that total costs increase by as much as $2.5 billion for quick-service restaurants, or 10%; and full-service restaurants see costs increase buy up to $691 million, or nearly 9%. read more
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China's Food Prices Remain Stable
2013-04-26 02:00:00| ThePigSite - Industry News
CHINA - The prices of agri-foodstuffs in China remained stable last week (April 15-21) according to the survey of prices in 36 medium and large sized cities by the Ministry of Commerce, MOFCOM.
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