Worldwide wheat prices jump 6.6% in a single day

Worldwide wheat prices jump 6.6% in a single day

Wheat prices jumped 6.6% worldwide in a single day with a decisive turnaround under the pressure of the resumption of dialogue between the US and China which seems interested in buying foreign wheat and corn, which marked an increase of 4.6%.

Record high wheat prices after India declares immediate export ban, massive protests after 300% food price increase announced in Iran

Record high wheat prices after India declares immediate export ban, massive protests after 300% food price increase announced in Iran

Wheat prices in Europe and Australia hit record highs this week after India – the world’s second-largest wheat producer – announced an immediate export ban due to a severe heatwave affecting the country since March. Global wheat prices have soared 40% since February 2022, increasing famine and sparking social unrest.

China stockpiling food at historically high levels

China stockpiling food at historically high levels

China is stockpiling food at historically high levels and now has more than half of the world's maize and other grains. By mid-2022, the country is estimated to hold 69% of the world’s corn reserves, 60% of rice, and 51% of wheat. At the end of 2021,…

Southern Angola facing the worst drought since 1981, leading to severe hunger

Southern Angola facing the worst drought since 1981, leading to severe hunger

People living in drought-stricken provinces of southern Angola are facing the worst drought since 1981 and an extended hunger season. According to ECHO, the poor harvests have severely affected the population access to food in this region, which is highly dependent…

Fifth of world’s food lost to over-eating and waste, study finds

Fifth of world’s food lost to over-eating and waste, study finds

Almost 20% of the food made available to consumers is lost through over-eating or waste, a study suggests. The world population consumes around 10% more food than it needs, while almost 9% is thrown away or left to spoil, researchers say. Efforts to reduce the…