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UN in Brazil Announces Food Prices Are Starting to Fall Worldwide

Wheat from Brazil United Nations Food and Agriculture Organization's (FAO) projections point to a gradual reduction in the prices of certain foodstuffs. The information was published on the website of the UN in Brazil.

According to the FAO, for the first time in the last 15 months, there has been a reduction in the prices of wheat, dairy products, sugar and soy. According to the director of Policies at the FAO Regional Office, Fernando Soto, the price of wheat dropped 40% in comparison with November last year.

The organization estimates that there should be a 2.6% rise in global production of grain this year. A record high crop is expected, according to Soto.

The UN Food and Health Organization (FAO) hopes to form a partnership with the Brazilian government so that, up to the end of the year, the programs for living with droughts and supporting family agriculture by buying the production, created in the country, help fight hunger and poverty in Africa and Latin America.

The statement was made by José Graziano da Silva, special advisor for the presidency of the government of Brazil, who just took over the FAO coordination for Latin America and Caribbean. Earlier this month, he participated in a meeting with the entity's general director, Jacques Diouf, and the Brazilian president Luiz Inácio Lula da Silva, before the latter travelled to England.

According to Graziano, Diouf highlighted to Lula the need for Brazil to share its good experiences in these areas. "We agreed to prepare and hand in by FAO, to the Brazilian government, a project within one month."

Representatives from FAO are gathered in Porto Alegre, city in the southern Brazilian state of Rio Grande do Sul, for the International Conference on Land Reform and Rural Development.

The idea to teach technicians from other countries to deal with the construction of cisterns and other small construction works for living with droughts, such as underground barrages, came from a suggestion by FAO, explained Graziano.

According to Diouf, 80% of the serious hunger cases existing in the world today are related mainly to droughts and also floods. "Brazil is also one the few countries in the world that have successful experiences with small irrigation works," said Graziano.

Anba/ABr

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  • Show Comments (5)

  • João da Silva

    Jon
    [quote]Ch C has been busy mourning the loss of Swiss chemist, Albert Hofmann, inventor of LSD..maybe he has tried the “product” on occasional blogs!!![/quote]

    Though I didn’t have the pleasure of meeting Dr.Hofmann, I am sure Ch.c knew him well and I perfectly understand his grief over the loss of a beloved friend.

    [quote]Beer is taxed to death here, but we are getting some good Brazilian imports.. [/quote]

    On behalf of the President of our Republic, I thank you so much for stimulating our economy by consuming large quantity of Brazilian beer. Now that your summer is coming soon, may our Beer help to quench your thirst 😉

  • jon

    Joao,

    Beer is taxed to death here, but we are getting some good Brazilian imports..

    Ch C has been busy mourning the loss of Swiss chemist, Albert Hofmann, inventor of LSD..maybe he has tried the “product” on occasional blogs!!! 😉 😉

  • João da Silva

    Jon
    I thought you were away digging “the hell out of Alberta” with your [i]bare[/i] hands to find some “value added” food items and distribute them all across Canada for discount prices. Obviously you did not find anything of value and hence are complaining about your grocery bill!

    I think we better seek the advice of Ch.c as how to bring down food prices in Canada. I am sure he would oblige. (But lately he has become extremely modest and highly self critical of himself)

    How about the Beer prices in Canada? Have they gone up too?

  • jon

    Joao,

    I have not seen a drop in my grocery bill either especially flour and we are a producing country..typical!!

  • João da Silva

    UN in Brazil Announces Food Prices Are Starting to Fall Worldwide
    Are they going to start tumbling down in Brasil too?

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