Latest in Tag: food prices Highlight

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Latest in Tag: food prices

Oil supply forecast to shrink next year

Cheap oil prices have been massively affecting global markets, from countries’ budgets to world food prices. Now the oversupplied oil market is in for a rebalancing as non-OPEC producers like the US and Russia cut back. Oil production from non-OPEC countries is expected to plunge next year – perhaps the steepest decline since the Soviet …

Deutsche Welle


In Pictures: Feeding Egypt

  The number of Egyptians who cannot afford “enough nutritious food” is increasing, one in five Egyptians suffers from food insecurity, according to a new report from international research institute Future Directions.  Another study by the World Food Programme and the Egyptian government found food insecurity has increased to 17.2 % (13.7 million people) in …

Marwa Morgan

Food market slump

Despite a slump in the food market, prices of the basic food commodities are stable and items are available in large quantities.

Daily News Egypt

World food prices rise further, raising fears of unrest

By Svetlana Kovalyova and Veronica Brown / Reuters Global food prices rose in March for a third straight month with more hikes to come, the UN’s food agency said on Thursday, adding to fears of hunger and a new wave of social unrest in poor countries. Record high prices for staple foods last year were one …


Food prices to be even more volatile, UN says

ROME: Food prices are likely to become more volatile in coming years, increasing the risk that more poor people in import-dependent countries will go hungry, the United Nations said in an annual report on food insecurity published on Monday. Global food price indices hit record highs in February and were a factor in the Arab …


Securing food in volatile markets: From rhetoric to action?

By Stefan Tangermann Spiking food prices, and their impact on hunger, were finally given the attention they deserve at a recent summit of agriculture ministers from the G-20 group of major economies. However, while the action plan from their June 22-23 meeting in Paris contains much to applaud, it is also notable for some glaring omissions …


Food prices see pre-Ramadan spike in Egypt

By Reem Abdellatif CAIRO: As rates of imported and domestic raw materials increased by 50 percent, Egypt’s prices of sugar, yogurt, milk, coffee beans, nuts and meat are on the rise, also affected by the traditional pressure on food costs during Ramadan In Cairo’s posh district of Zamalek, Mohamed Roteb, manager of the meat, poultry, …


Arab ministers say agricultural cooperation key to food security

CAIRO: “The Arab region is facing serious challenges regarding self-sufficiency and food security,” Egypt’s Minister of Agriculture Amin Abaza said at a conference Wednesday. “Net trade in foodstuffs is now a staggering deficit of $20 billion,” Abaza said at the opening session of the first Arab Forum for Agricultural and Food Investment in Cairo. The …


UN food agency chief warns against cereal speculators

KHARTOUM: World governments and the private sector must bolster food output to thwart speculators who are pushing up the prices of cereals and other basic foodstuffs, the head of the UN food agency said in an interview. Speaking Tuesday on the sidelines of a regional conference in Khartoum of the Food and Agriculture Organization (FAO), …


Warming could double food prices, say global experts

CANCUN, Mexico – Even if we stopped spewing global warming gases today, the world would face a steady rise in food prices this century. But on our current emissions path, climate change becomes the "threat multiplier" that could double grain prices by 2050 and leave millions more children malnourished, global food experts reported Wednesday. Beyond …


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