The FAO Food Price Index was down for a third consecutive month in June, as good supply and improved global production prospects for wheat, maize and palm oil lowered prices.
There’s nothing like a shortage of wheat to send some news media searching for superlatives. Talk of “soaring” wheat prices and “rocketing” bread prices were common, in the British press, after Russia decided to temporarily ban grain exports earlier this...
Food businesses have suffered from confusing government policies,
said the UK's Food and Drink Federation (FDF), which hopes Prime
Minister Brown's new strategy will provide greater clarity.
Food industry voices are joining those of politicians in the GM debate, hailing the controversial technology as the answer to the food supply crisis. But the hearts and minds of consumers must still be won.
While the world's media is bemoaning rising food prices, the French
government is sniffing around the food industry for signs of
gleeful profiteering. If it is right, the long-term losses of the
nouveau cher will be far greater...