Global coffee prices retain upward trend, hit 10-year highs in November

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In November 2021, coffee prices reached new multi-year highs, as the monthly average of the ICO composite indicator price was 195.17 US cents/lb, an increase of 7.5% as compared to 181.57 US cents/lb in October 2021, the International Coffee Organization (ICO) said in its latest monthly report. These price levels during coffee year 2021/22 mark […]

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Wheat and dairy drive fourth straight monthly rise in global food prices

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The barometer of food commodity prices in international markets rose for the fourth consecutive month in November, led by strong demand for wheat and dairy products, the Food and Agriculture Organization of the United Nations (FAO) reported. The FAO Food Price Index averaged 134.4 points in the month, its highest level since June 2011 and 1.2 percent […]

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Countries need to be prepared for future food ‘shocks’ after pandemic, says FAO

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Countries need to make their agrifood systems more resilient to sudden shocks of the kind witnessed during the COVID-19 pandemic, which has emerged as a major driver of the latest rise in global hunger estimates, the Food and Agriculture Organization of the United Nations (FAO) said in a report, adding that without proper preparation unpredictable […]

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Global energy efficiency progress is recovering – but not quickly enough to meet climate goals – IEA

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A rapid expansion of technologies and solutions that drive more efficient use of energy across the economy is necessary to keep global climate pledges within reach, according to an International Energy Agency (IEA) report, which urges governments to take the lead in mobilising the required increase in investment. Global progress on energy efficiency has recovered […]

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Vegetable prices soar across India; tomato crosses Rs 100/kg

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After petrol and diesel, prices of vegetables are spoiling the party in the kitchens of India. Amid the sky-rocketing prices of edible oil and pulses, increase in vegetable prices is testing the Indian consumer’s tenacity like never before. Price of peas and tomatoes, which are generally cheap in winter, have touched new highs. Against a […]

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