Acute food insecurity soars to five-year high, warns global report

The number of people facing acute food insecurity and needing urgent life and livelihood-saving assistance has hit a five-year high in 2020 in countries beset by food crises, an annual report launched today by the Global Network Against Food Crises (GNAFC) – an international alliance of the UN, the EU, governmental and non-governmental agencies working to tackle food crises […]

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Initial USDA 2021/22 world cotton outlook shows higher prices, lower stocks

World cotton consumption is expected to exceed production for the second year in a row, reducing world stocks by 3.2 million bales, the U.S. Department of Agriculture has said. World cotton production is expected to rise 4.7 percent with the most significant year-over-year growth in Pakistan, Australia, Brazil, the United States, and West Africa. Global […]

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Guinea’s Simandou iron ore deposits back on China radar as global prices rise

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(This story appears here courtesy our content partner MySteel Global) After 10 years of struggling and little progress in the Simandou co-development mainly between Rio Tinto and Aluminum Corporation of China Limited (Chalco), the deposits has been back on the radar in the world’s iron ore community, coincidentally with a resurgence in global iron ore prices […]

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Record wheat and barley harvests seen lifting world grains output by 40 million tonnes in 2019/20

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Record harvests of wheat and barley are expected to outweigh a poorer maize crop to lift world total grains — wheat and coarse grains — production by 40m t in 2019/20, to 2,177m, only modestly below the all-time peak in 2016/17, the International Grains Council (IGC) said in its latest monthly report. Consumption is forecast to climb […]

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