Tag: US Midwest

• Thursday, August 16th 2012 - 20:07 UTC

  Wheat futures up in the US and Europe on fears Russia might restrict exports

  

  US and European wheat futures gained again on Thursday as importers took advantage of a price fall earlier in the week and as operators continued to anticipate Russia would drop out of export markets in the coming months due to drought-hit supply.

• Friday, August 10th 2012 - 07:35 UTC

  FAO warns countries against a repeat of the 2007/08 food prices crisis

  

  The world could face a food crisis of the kind seen in 2007/08 if countries restrict exports on concerns about a drought-fuelled grain price rally, the UN food agency FAO warned, after reporting a surge in global food prices in July.

• Monday, July 30th 2012 - 23:28 UTC

  As world food-prices soar World Bank says it is ready to help countries

  

  The World Bank on Monday said it stood ready to help governments respond to a broad-based run-up in grain prices that has again put the world’s poorest people at risk and could have lingering detrimental impacts for years.