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Bumper harvests and stockpiles driving down cereal prices, says FAO report

Friday, October 10th 2014 - 06:13 UTC
Full article 20 comments

Food markets are more stable and prices for most agricultural commodities are sharply lower than they have been in recent years, according to the latest edition of FAO's biannual Food Outlook report and a new update to the Organization's monthly Food Price Index. Read full article

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  • Captain Poppy

    Doesn't seem to bode well for nations that have changed their economic models from one of industry to agriculture in order to obtain financing.

    Isn't Argentina on the fast track to feudalism?

    Oct 10th, 2014 - 11:22 am - Link - Report abuse 0
  • ElaineB

    It is understandable that CFK has been reluctant to take on the farmers given her last failure there. But she is desperate.

    Oct 10th, 2014 - 11:35 am - Link - Report abuse 0
  • CabezaDura2

    I think you posted 144 similar articles about it MercoPress.... International Food prices are going down. We get the picture

    Oct 10th, 2014 - 01:57 pm - Link - Report abuse 0
  • Captain Poppy

    In most places that's a good thing. Elaine, did you see that KFC held a video conference to tell Putin........“we are broadcasting Russian TV”? WTF.....thats newsworthy and a video conference?
    She is going to be talking that grain from the farmers. How much to you think will burn?

    Oct 10th, 2014 - 02:09 pm - Link - Report abuse 0
  • CabezaDura2

    1. You got it completely wrong, Its the entire opposite. Argentina has implemented INDUSTRIAL POPULISM for years and punished the agro sector

    Oct 10th, 2014 - 02:15 pm - Link - Report abuse 0
  • Captain Poppy

    I was there when they stole the Agri building last year. I recall seeing it all taped off. Farmers are Argentina's only lifeline left.
    Maybe she can have a video conference with Jinping when they start broadcasting Chinese stations.
    With all the bitching about the so called vulture funds, I wonder how the G70 whatever with be viewing Argentina when the investment and financial world stops buying undeveloped nations bonds? So few nations default as the manner in which Argentina has. Their entire premise to “fixing” the system is just a way to get out of paying back what you borrowed.....nothing more. Deadbeats, if there are anymore in Argentina's class, should finance themselves.

    Oct 10th, 2014 - 02:29 pm - Link - Report abuse 0
  • CabezaDura2

    What building did they stole. You mean the previo de la Rural in Palermo ??

    Oct 10th, 2014 - 02:51 pm - Link - Report abuse 0
  • ElaineB

    Yes, I commented on the video conference. Weird that it was given so much airtime.

    Apparently there are a lot of thefts of grain happening daily. Trucks are also attacked if they don't pay protection money when they try to transport it.

    RSA leaders refused to attend a 'business meeting' with the government. Is anyone surprised? In their situation I wouldn't go to any government organised meeting for fear of being detained for some made up crime.

    Oct 10th, 2014 - 03:05 pm - Link - Report abuse 0
  • CabezaDura2

    8.
    “Apparently there are a lot of thefts of grain happening daily”
    Really??

    How do you rob grain of a silobolsa without breaking down the gates come in whith a truck and a tractor with a chimango and load up in a few hours without making a hell of a noise and with the lights off ??

    Oct 10th, 2014 - 03:39 pm - Link - Report abuse 0
  • Z-ville

    @4

    Maybe Crissy's model is Russia. All that pseudo-privatized massive industry to lay your filthy hands and stash away billions while you have the power. She's just emulating Putin...

    Oct 10th, 2014 - 03:51 pm - Link - Report abuse 0
  • Captain Poppy

    Elaine I had heard that grain trucks were be hit. I don't think I can make my usual January/February trip to Argentina this year and I am not sure that is a bad thing other than my wife will really miss her family. But by then, it should be quite a mess there.

    Oct 10th, 2014 - 03:51 pm - Link - Report abuse 0
  • ElaineB

    @9 I probably didn't word that right. The grain trucks are subjected to theft on a daily basis AND if they don't pay protection money. It has been reported there in Argentina.

    @11 I am keen to get to Argentina on this trip but it will have to be an off-duty side trip. I have contacted some people in Mendoza and it may happen. I probably won't get to BsAs because of lack of time.

    Oct 10th, 2014 - 04:08 pm - Link - Report abuse 0
  • redp0ll

    @12 Come to Uruguay instead Elaine. There is a lot wrong with this country which may or may not be sorted out with the coming elections but its 110% better than Argentina. Even if Vasquez gets in he is at least a realist instead of our bumbling old Pepe who says one thing and does the opposite next day.
    Gone with the wind I hope soon.

    Oct 10th, 2014 - 05:35 pm - Link - Report abuse 0
  • ElaineB

    @13 I did visit briefly, once, but never got back for a longer visit. When I was living in Buenos Aires I asked a local chap if he could recommend some places to visit in Uruguay and he looked at me as if I asked him about Mars. :) I shall certainly visit in the future.

    Oct 10th, 2014 - 06:01 pm - Link - Report abuse 0
  • ChrisR

    What a tangled web Kickitoff is weaving between NY, BsAs and the banks and 'vultures'.

    This makes fascinating reading. They are repeating what Pistol Pete Moreno did: it didn't work then and it won't work now, but will it stop them? Ha, ha, ha.

    http://www.clarin.com/opinion/Kicillof-expone-Banco-Nacion-embargos_0_1227477349.html

    Oct 10th, 2014 - 07:40 pm - Link - Report abuse 0
  • redp0ll

    Chris, havent we got enough problems here in Uruguay where you live to waste time on the peronist/nazi politics of Argentina unless they affect our country directly
    Our country at least has a stable democracy. You may not like the present lot but with an an election we can change them peacefully.

    Oct 10th, 2014 - 09:22 pm - Link - Report abuse 0
  • ChrisR

    @ 16 redp0ll

    Not sure what you are saying here or what has triggered it.

    1) I cannot vote in the presidential elections until I get my Uruguayo passport and by law that is still 3 years away, so how can I affect anything in politics;

    2) I do what I can to encourage young people by helping them understand computer systems and high level programmes by answering questions that their ‘professors' (Lecturers is all) can’t or won’t. At the moment I have an 11 YO boy who speaks VERY good English but wants to do better, his father is an executive at BROU in Missiones, MVD, ranging up to a 26 YO female who wants her English improved and he husband who talks about multi facetted analytical programmes for his employment;

    3) I am amazed that you seem not to know that TDC IS affecting us directly: they are not paying their import bills on time, not even close, and when they do pay they shave money off the top because of fictitious ‘problems’. My source tells me they have still to pay for the electricity they are still taking from us.

    4) you cannot be happy with ‘the present lot’ either, can you? If it were not a working democracy we wouldn’t be here.

    Finally, it is my time ‘to waste’ as you put it.

    If you have anything positive and constructive that you think I may be able to help other Uruguayo people with then I would be very interested, you know my background. Obviously I do NOT charge a fee for my time or expenses.

    Oct 11th, 2014 - 11:07 am - Link - Report abuse 0
  • ilsen

    aww.... ChrisR, your wife is a lucky woman to have you.
    :)

    Oct 11th, 2014 - 10:38 pm - Link - Report abuse 0
  • redp0ll

    Sorry if I rubbed you up the wrong way Chris. From my previous posts you will know what I think about Argentinas interference in ROU affairs. But we have an election shortly and we should concéntrate on turning these profligate wastrels out of power.

    Oct 12th, 2014 - 06:30 pm - Link - Report abuse 0
  • ChrisR

    @ 19 redp0ll

    Thank you for the apology, and like you I see the real need to get this bunch of tossers gone, but I cannot vote in a presidential election until the next (with a bit of luck).

    I did think of going to the local Pou office and offering my services but then I realised that having a Brit helping might not go down as well as intended, so I am stuck with what I can do of a practical, helpful nature.

    Any ideas?

    Polly no doubt will come up with his usual crap.

    Oct 12th, 2014 - 09:45 pm - Link - Report abuse 0

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