International food commodity prices dipped in October, as falling dairy, meat and vegetable oils prices more than offset a surge in sugar prices, the United Nations said. The FAO Food Price Index, a measure of the monthly change in international prices of a basket of food commodities, averaged 163.5 points in October, down 0.9 percent from September and 7.4 percent below its level a year earlier.Add your comment!
Global agricultural food commodity prices fell in September due to growing inventories of key staples. The FAO Food Price Index declined 1.4% from August and is now 7.4% below its level during September 2017.
Argentina's beef exports could double in 2018 for a total of US$ 1.8 billion thanks to increased Chinese demand and a sharp devaluation of the peso currency, according to analysts and industry experts.
The Falkland Islands Meat Company (FIMCo) has announced the appointment of their new Business Improvement Manager. Michael Ledwith is to start this month on a new full-time contract, tasked with implementing change at the Sand Bay plant, “bringing peak performance through operational efficiency and productivity in the business,” according to information from FIMCo.
Global agricultural production is expected to grow 1.5% a year on average over the coming decade, compared with annual growth of 2.1% between 2003 and 2012, according to a new report published by the OECD and FAO released this week.
The Paraguayan economy is poised to expand 11.3% next year propped by the strong recovery from agriculture according to Pricewaterhouse Coopers, an estimate far more optimist than the 9.5% of the government budget.
A US start-up company has a solution for people who want to eat meat, but don't want to harm animals either: 3D printed meat. The 3D printing technique is already being used to create things from bike parts to chocolate to dental crowns and bridges. And scientists are working towards using 3D printing to make organs for transplant.
In spite of its love for horses, Argentina is the world’s leading exporter of horse meat having shipped 23.880 tons in 2010, valued 75 million US dollars according to the country’s Animal health and Agro-food quality service, SENASA.
Argentina plans to extend the equivalent of 750 million US dollars in subsidized loans to meat producers to spur increased production of beef, chicken and pork.
Vladimir Mironov, a US biologist and tissue engineer at the Medical University of South Carolina, has been working to grow “cultured” meat for a decade, and is closer than ever to achieving his goal.