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Global News

RISE IN AGRICULTURAL COMMODITIES CONTINUE IN GLOBAL MARKETS…

ISTANBUL The past week was a “rally week” for the commodity markets due to the expectation that the US Federal Reserve might raise interest rates more slowly along with the decreasing demand for the dollar. Despite the ongoing risks regarding the real estate crisis in China, the rise in the …

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INDIA’S AGRICULTURE HAS A BRIGHT FUTURE, BUT REFORMS ARE REQUIRED…

Agriculture is one of the few industries that fully utilizes all four components of production — land, labour, capital, and organization/management – while also consuming the most scarce resource, water. Several constraints hamper agriculture’s future. The land is lacking, and residents and people in business have competing demands. Water and …

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FAO; FOOD PRICE MONITORING AND ANALYSIS TOOL!

FAO Global Information and Early Warning System on Food and Agriculture (GIEWS), housed in the Markets and Trade Division (EST), has launched a new version of the Food Price Monitoring and Analysis (FPMA) Tool. The new version brings the tool up to date with the latest web technologies, making it …

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HOW CAFFEINE BECAME THE WORLD’S FAVORITE DRUG…

Author Michael Pollan on how coffee and tea awakened a new form of consciousness for Western civilization… Whether in the form of tea, coffee, or a potent energy drink, there’s no denying the near-universal appeal of caffeine. This tiny molecule has been consumed for centuries in beverages and foods that …

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OVERSHOOT DAY; WORLD CONSUMES ALL SUSTAINABLE PRODUCTION FOR 2022!

Sustainability is the word that will define this decade – unless the pandemic lasts longer than expected and claims the top spot – so it is a worrying day when the world has to mark how unsustainable it really, with humanity passing an unnerving milestone on July 28 after consuming …

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YOUNG AGRICULTURAL ENTREPRENEURS SPUR RURAL ECONOMY WITH E-COMMERCE!

Zhang Jinpeng decided to return to his hometown in rural Shandong province to be nearer his family. Sensing an opportunity in agricultural e-commerce, he started an online store on Pinduoduo, China’s largest agriculture platform, to sell garlic. Zhang’s hometown, Jinxiang County in southwestern Shandong province, is famous for its garlic. A …

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JOINT COORDINATION CENTRE FOR UKRANIAN GRAIN EXPORT ESTABLISHED!

The Joint Coordination Centre (JCC) has been established as part of a landmark Türkiye-brokered deal to resume grain exports from Ukraine… Türkiye has formally opened a joint coordination centre for Ukrainian grain exports under an Ankara-brokered deal aimed at resuming shipments for the first time since the start of Russia’s …

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TURKISH PRIVATE COMPANIES TO LEASE FARMLANDS ABROAD!

The Turkish private sector will be engaged in farming activities in foreign countries, where private companies will be the decision-makers on agricultural investments abroad and the Turkish state will not lease farmlands abroad, the Agriculture and Forestry Ministry has said in a statement. The ministry’s duty is to provide private companies with …

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INDONESIA FOOD WASTE; 30 PERCENT OF FOOD PRODUCED GLOBALLY IS WASTED!

Wasting food has become an epidemic of the 21st century. The UN’s Food and Agriculture Organization says we throw out 30 percent of the food we produce every year, costing the global economy nearly one trillion dollars. Yasin Eken reports on a food programme aiming to change the tide in …

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TURKIYE’S EFFORTS FOR GRAIN CRISIS!

Last Friday, Türkiye, the UN, Russia, and Ukraine signed a landmark deal to resume grain exports through three Ukrainian ports after months of blockage due to the Russia-Ukraine conflict, now in its sixth month. Under the deal, the joint coordination centre was set up in Istanbul to carry out inspections …

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