Fresh Produce News and Industry
With disastrous volcanic eruptions, earthquakes, and extreme storms, El Salvador is widely regarded as one of the world’s most vulnerable countries to natural disasters. With the effects of climate change complicating social and economic crises, the El Salvadorian government has recognised that national security considerations must include discussion of environmental factors, leading to the Minister [...]
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Global food prices will remain high and volatile throughout this year and into next despite record food production. The United Nations Food and Agriculture Organisation (FAO) twice yearly Food Outlook analysis says rising demand will absorb most of the higher output. It says its index of food prices in May was at 232, only five [...]
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By FELICITY BARRINGER Worldwide overpumping of groundwater, particularly in northern India, Iran, Mexico, northeastern China and the American West, more than doubled from 1960 to 2000 and is responsible for about 25 percent of the rise in sea level, according to estimates in a new study by a team of Dutch researchers published in Geophysical [...]
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Think we have a free market? Think again. Think it was free market capitalism that collapsed the financial system? Think again. What America has, and what we’ve had for a long time, is Cartelism. It is becoming increasingly evident that every industry has been infected by “Too-Big-to-Fail” consolidation that has resulted in a near-picture-perfect oligarchy [...]
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The internet has leveled the playing field for small and large businesses looking to stake a claim in the global market. With the availability of international buyers and opportunities through online trade portals, many American small businesses are looking to export their goods to other countries. However, there are potential risks involved when entering this [...]
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Grain prices soared on the Chicago futures exchanges on Friday. A report from the USDA stating that there would be lower inventories was cited as the cause. Quantitative easing from the Fed was behind the extent of the move however. Commodities (NYSEArca: GSG – News) are priced in dollars and with more of them floating around; [...]
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NAGOYA, Oct. 10, 2010 (Kyodo News International) — A meeting to discuss an international accord on compensation for damage to biological diversity and public health from genetically modified crops started Monday in Nagoya, marking an official start of three-week biodiversity talks in the central Japanese city. The fifth meeting of the Cartagena Protocol on Biosafety [...]
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Cash-rich Chinese and Japanese food companies are thought to be the only potential buyers with enough money to risk sinking into New Zealand’s biggest pipfruit business, Mr Apple, to be put on the market by South Canterbury Finance receivers. Industry sources said with serious concerns about this year’s apple returns because of the strength of [...]
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There was a time not so long ago when famine was an expected, if not accepted, part of life. Until the 19th century — whether in China, France, India or Britain — food came almost entirely from local sources and harvests were variable. In good years, there was plenty—enough for seasonal feasts and for storage [...]
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Is farmland going to be the next gold? It isn’t as implausible as it may sound. Forecasts are always a sucker’s game, but there are good reasons why the next few decades could see a new boom in farm country—and big money for those who own the land. Demand for food is soaring. The world [...]
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The recent spike in wheat prices has reaffirmed the vulnerability of the international food market to minor shocks in supply. A repeat of the 2007–2008 food-price crisis is unlikely at the moment, given the relatively high levels of global grain stocks and relatively low price of oil. However, with food prices already rising and food [...]
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Annual trade fair and congress event sees strong growth in visitors A big increase in the number of trade visitors from all over the world has confirmed ASIA FRUIT LOGISTICA as the must-attend annual trade fair for the fresh fruit and vegetable business in Asia. The three-day event, which took place last week at Hong [...]
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A good forecast for the coming week is likely to see the remainder of the 2010 harvest completed. It is estimated that somewhere between 25% and 30% of the area remains to be harvested. Much of this was not ripe at the end of the previous dry spell but this coming week should see virtually [...]
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(Reuters) – Russia abruptly signaled Thursday it would extend a grain export ban until late 2011 and ordered authorities to prevent speculators driving up food prices after the worst harvest in years. Prime Minister Vladimir Putin’s surprise statement on the export ban — which had been due for review after December 31 — puzzled analysts [...]
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