FAO calls for import financing facility as food prices surge due to the Ukraine war

The Food and Agriculture Organization of the United Nations (FAO) is calling for a global Food Import Financing Facility (FIFF) to help poorer countries deal with surging prices as a result of the war in Ukraine. The FIFF, which is also aimed at increasing global agricultural production and productivity in a sustainable way, is one of six policy […]

Read more

War-fuelled surge in food prices to hit poorer nations hardest

dan-gold-4_jhDO54BYg-unsplash-scaled.jpg

Global food prices are poised to keep climbing even after jumping to a record in February, placing the heaviest burden on vulnerable populations while adding to headwinds for the global economic recovery, the International Monetary Fund (IMF) said. Food commodity prices rose 23.1 percent last year, the fastest pace in more than a decade, according to […]

Read more

International food prices rise for 11th straight month in April, says FAO

ashwini-chaudhary-egeN7GYoONs-unsplash-scaled.jpg

International food commodity prices rose for the 11th consecutive month in April, with sugar leading the increase and cereals resuming their upward trend, the Food and Agriculture Organization of the United Nations (FAO) said on Thursday. The FAO Food Price Index averaged 120.9 points in April, 1.7 percent higher than March and 30.8 percent higher than its level […]

Read more