Finance

Press release… EU and world food security: Neither dramatising nor minimising! Copa and Cogeca held their presidency meetings this week in Brussels. Speakers from the Commission, the FAO and UNAF analysed the complexity of the Ukrainian, European and global agri-food situation. These exchanges were at odds with the stances taken …

Press release… Republican People’s Party (CHP) Manisa Deputy and Agriculture, Forestry and Rural Affairs Commission Member Bekir Başevirgen said that things are not going well in the livestock sector and that even worse days are waiting for the sector. Başevirgen said, “Our producers are being swept away in the loan-debt-execution …

Technology is playing a pivotal role in transforming various sectors, and agriculture is no different. Thanks to agritech startups that are equipping farmers with cutting-edge tech tools and enabling them to function more seamlessly than ever. From crop health monitoring, crop yield estimation, crop loss assessment to various other farm …

Press release… Mehmet Ali Işık, Chairperson of Aegean Dried Fruits and Products Exporters’ Association, said thatexports of the organic sector will reach 1 billion dollars Mehmet Ali Işık said, “We held fairs and workshops in our target markets. ‘Lean Production Techniques’ training was one of our most important sustainability-related activities …

A combination of Eid al-Fitr and Mother’s Day has led to an increase in retail sales, according to sector representatives. Sinan Öncel The demand for Mother’s Day shopping, to be marked on May 9, has come at a time when people already have started shopping for Eid, which will take place on May 2-4 …

Energy prices expected to rise more than 50% in 2022 before easing in 2023 and 2024, says global body’s latest report… Commodity markets are facing a major shock due the Russia-Ukraine war, which is changing global patterns of trade, production, and consumption in ways that will keep prices at historically …

Press release… 26 April 2022, Ankara – A virtual inception meeting was held on 11 April 2022 to announce the Letter of Agreement (LoA) signed between FAO and the General Directorate of Agricultural Research and Policies (TAGEM). In addition to high-level officers from FAO and TAGEM, representatives, researchers and experts from Azerbaijan, …

AfDB has developed $1.5B Africa Emergency Food Plan which is pending approval by bank’s top management… James Tasamba… KIGALI, Rwanda… The Russia-Ukraine war has disrupted wheat exports, driving wheat prices up by 60% in Africa, the president of the African Development Bank (AfDB) said Tuesday, warning that the continent will …

Rating agency anticipates inflation to moderate in second half of 2023… Inflation is expected to remain high in most of the world during 2022, due to rising food and fuel prices and supply chain disruptions, Moody’s said Monday. The global rating agency said in a report that it anticipates inflation …

Indonesia announced on Friday a ban on palm oil exports in a bid to stymie the soaring domestic price of cooking oil.Palm oil is the most produced, consumed and traded edible oil in the world.The price of cooking oil has risen substantially as a result of the conflict in Ukraine. …