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Top StoriesAnalysis-Southern Europe Braces for Climate Change-Fuelled Summer of Drought
Top StoriesWorld Food Prices Rise for First Time in a Year- Fao
Top StoriesIn the ‘Garden of England’, Loss-Making Orchards Are Cut Down
Top StoriesCrop Merchant Louis Dreyfus Gets Profit Boost in Volatile Year
Farming and Tourism Under Threat as Winter Drought Dries up France’s Lake Montbel
Date: March 17, 2023
By Manuel Ausloos PARIS (Reuters) – Set at foot of the Pyrenees mountains, Lake Montbel is famous in south-west France for its turquoise waters, massive size and thriving aquatic life. But as spring nears, the postcard landscape has largely turned into a muddy wasteland, with the boats of the local sailing club left stranded on...
Satellite Imagery Analytics at Agricultural Banks’ Service
Date: February 27, 2023
EOS Data Analytics introduces satellite monitoring solutions to aid farm banks in loan risk assessment Satellite imagery analytics tools for remote monitoring of farmlands provide critical information on the crops state, which can be used to measure farms’ productivity and, therefore, farmers’ ability to repay. Agricultural growth is one of the most feasible ways to...
World Food Prices Hit Record High in 2022
Date: January 6, 2023
By Sybille de La Hamaide PARIS (Reuters) -A surge in the cost of most food commodities last year, as the disruption caused by Russia’s invasion of Ukraine raised concerns of shortages, sent the U.N. food agency’s average price index to the highest level on record. The Food and Agriculture Organization’s (FAO) food price index, which...
Britain’s Broken Egg Industry Shows the Price of Food Inflation
Date: December 19, 2022
By James Davey LONDON (Reuters) – In Britain, the damage wrought by rampant inflation can be seen in the fate of the humble egg. With war in Ukraine driving energy and chicken feed costs higher, farmers say what they get paid is no longer enough, upending the economics of a key food staple. Many of...
Food Inflation: Tight Grain, Oilseed Supplies to Keep Prices Elevated
Date: December 13, 2022
By Naveen Thukral SINGAPORE (Reuters) – Drought or too much rain, the war in Ukraine and high energy costs look set to curb global farm production again next year, tightening supplies, even as high prices encourage farmers to boost planting. Production of staples such as rice and wheat is unlikely to replenish depleted inventories, at...
End of Cheap Money for U.S. Farmers Plows Trouble Into Food Production
Date: November 22, 2022
By P.J. Huffstutter and Bianca Flowers CHICAGO (Reuters) – Montana farmer Sarah Degn had big plans to invest the healthy profits she gleaned for her soybeans and wheat this year into upgrading her planter or buying a new storage bin. But those plans have gone by the wayside. Everything Degn needs to farm is more...