Rising global food trade competition set to depress prices, UN-backed report

Global competition among exporters of wheat, rice, oilseeds, sugar and livestock is expected to intensify over the next 10 years among both developed and developing countries, resulting in a further drop in real prices for most basic food commodities, according to a new United Nations-backed report released today.

Inequality in Asia and policy gaps in Africa impede rise out of poverty, UN says

Increasing social inequality in parts of Asia and the lack of beneficial policies and institutions in West and Central Africa are creating unique challenges to poverty eradication, senior officials from the United Nations agricultural fund said today in Rome.

Agriculture prices decline, devastating countries that export single product – UN report

The prices of farm products have declined, devastating the economies of the least developed countries dependent on exporting one or two commodities and depressing incomes in the rural areas of many countries, but also improving the diets of urban residents, the United Nations agricultural agency says in a new report.

African States must give high priority to agricultural research to cut hunger – UN

With more than 850 million people worldwide suffering from chronic hunger, the head of the United Nations Food and Agriculture Organization (FAO) today urged African countries to give high priority to agricultural research and development to meet the goal of halving the number of hungry by 2015.

Multi-sector monitoring needed for genetically modified crops – UN

Faced with the “dramatic increase” in the range and scale of genetically modified (GM) crops, especially in developing countries, the United Nations Food and Agriculture Organization (FAO) today called for comprehensive multi-sector monitoring of both the benefits and potential hazards of such cultivation to the environment.