Annual food inflation in Latin America and the Caribbean reached 8.7% in July almost one full percentage point above the previous month according to the Food and Agriculture Organization, FAO.
FAO urged heightened readiness and surveillance against a possible major resurgence of the H5N1 Highly Pathogenic Avian Influenza amid signs that a mutant strain of the deadly Bird Flu virus is spreading in Asia and beyond, with unpredictable risks to human health.
Sugar supplies will remain limited until the 2012-13 harvest begins in top producer Brazil, broker FCStone do Brasil said citing futures traded in New York. The rise in sugar price helped push the FAO Food Price Index to 234 points in June, which is 39% higher than a year ago.
Foot and mouth disease, FMD, brucellosis, rabies and Pest des Petites Rumiants (PPR) are the next disease-elimination targets for FAO and OIE following success over rinderpest. The FAO conference officially recognized last week global freedom from the deadly cattle virus.
United Nations Food and Agriculture Organization, FAO, Food Price Index rose one percent to 234 points in June 2011 – 39% higher than in June 2010 but four percent below its all-time high of 238 points in February of this year.
The newly elected chief of the United Nations food agency, FAO, anticipated on Monday high and volatile food prices will persist for several years. Brazil's Jose Graziano da Silva was elected on Sunday to replace Senegal's Jacques Diouf.
The United Nations’ food agency, FAO, elected Brazil’s Jose Graziano da Silva as its Director General, the first new leader in almost two decades as the world faces near-record food prices that are driving millions into poverty.
Global rice production is expected to touch 476 million tons in 2011, on the back of improved weather conditions, as the influence of La Niña is expected to neutralize by June, United Nation’s body FAO said.
The inflation for food items in Latin America and the Caribbean reached 7.4% in May, according to FAO. The sharp rise in the regional prices was attributed to an even sharper increase in food prices which on a world wide basis rose 37% in May compared to world food prices in May 2010, the FAO said in a report from its regional headquarters in Chile.
Brazilian and Spanish candidates are leading the field for the Sunday June 26 upcoming election for the next head of the Food and Agriculture Organization in Rome, the UN agency leading the struggle against global hunger.