Downward slide in global food prices continues: FAO

PNP DeskFebruary 3, 2023September 9, 202405 mins

Price indices for vegetable oils, dairy and sugar drove the January decline, the UN food agency said, issuing two new reports on food production expectations. The FAO food price index fell 17.9 per cent below its all-time peak, reached in March 2022 following Russia’s full-scale invasion of Ukraine. The downward pricing trend was helped in…

Latin America, Caribbean ‘must step up’ to tackle rising hunger: FAO

PNP DeskJanuary 25, 2023September 9, 202403 mins

According to the UN agency, between 2019 and 2021, the number of people who went hungry in the region increased by 30 per cent, to 56.5 million. This alarming food insecurity spike happened even though Latin America and the Caribbean is the world’s largest net food exporting region. It had also outperformed other regions in…