The World Food Programme and Afghan officials inaugurated the first Strategic Grain Reserve in the country. This important measure will protect food supplies against commonly faced natural disasters and help stabilize local wheat prices in times of shortage. Officials state that this is a first step in an initiative to develop and improve food system […]
Tag Archives | food price
Thailand Extends Buying Scheme, Risks Adding to the Rice Pile
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After recently discovering massive losses in the current rice scheme, the Thai government approved a new plan that will lower prices and quantities. With 17 million tonnes in storage and another 10 million set to arrive, however, the government is still at risk to lose in storage, depreciation, and logistics costs. http://in.reuters.com/article/2013/09/03/thailand-rice-intervention-idINL4N0GZ1FC20130903
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Tonnes of Maize Rotting in Northern Region
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Improved farming methods in Ghana have led to an increase in productivity of maize, which should be cause for celebration. Instead farmers and warehouse operators are witnessing both physical and economic losses. Farmers face low prices with the lack of a market price support system, and warehouses are unable to maintain a sufficient rate of […]
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India School Tragedy Raises Questions for Gandhi’s Food Plan
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At least 23 children died in India after eating contaminated food served under the free school lunch program. The tragedy raises concern over whether quality and safety standards can be sufficiently monitored and maintained when the new Food Security Ordinance rolls out, which more than doubles the reach of government food subsidies. http://www.reuters.com/article/2013/07/18/us-india-food-idUSBRE96H0HL20130718
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Maize Dependency and Agricultural Subsidies in Zambia
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Current maize production is more than sufficient to meet domestic needs in Zambia, and yet there are volatile maize prices, and a majority of Zambians still living in rural poverty. Experts identify poor crop marketing as one of two major causes for the lack of food security, with inadequate government storage leading to estimated postharvest […]
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Thailand Has 17M Tons of Rice in Stockpile
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In a testimony to the Senate committee investigating the massive losses recently discovered in the Thailand rice scheme, a finance official admitted to corruption in every step of the rice pledging process. http://www.malaya.com.ph/index.php/business/market/35269-thailand-has-17m-tons-of-rice-in-stockpile
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Uganda: Maize Maze
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Informal trade of maize in Uganda leaves farmers in constant speculation of good prices, often making it expensive to properly store grain. The World Food Programme says Ugandan maize has huge market potential if farmers meet the East African Standard for maize grain, something stakeholders are keen to avoid given the lucrative, cash-immediate nature of […]
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Food Prices to Double by 2030
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International NGO focused on poverty, Oxfam, warns that the price of staple grains will more than double in the next 20 years, increasing by as much as 180% by 2030 for some crops such as maize. Climate change will cause much of the increase, followed by population, energy, and resource demands, Oxfam says. http://www.gbcghana.com/index.php?id=1.407227
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Global Food Market Far Improved From Crisis Years
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The FAO reports that though rising, food prices this year are not peaking, much unlike in 2008 and 2011 when high volatility led to unrest and rioting. FAO says the lack of financial speculators is helping to moderate prices. http://www.theglobeandmail.com/report-on-business/economy/economy-lab/global-food-market-far-improved-from-crisis-years/article12036490/?cmpid=rss1
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Punjab’s Problem of Plenty: Bumper Wheat Crop But No Storage Space
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A video on Punjab storage issues identifies diversatification of crops as a solution to ease capacity constraints. Farmers are not in support of this solution, however, due to the economic value of certain crops over others. http://www.youtube.com/watch?v=jlJbh-8R6MY&feature=youtu.be
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