Year-on-year inflation on Food and Non-alcoholic beverages accelerated to 5.7% in January, from 5.5% in December 2021. This was underpinned by an uptick in the price of cereals, bread, oils and fats, milk and eggs, and vegetables.
Regarding inputs, fertiliser is a key product to monitor closely whether there will be sufficient supplies when the 2022/23 production season begins in September 2022.
The crisis between Russia and Ukraine has overshadowed the wheat market since the start of 2022, with many global buyers and sellers reacting to uncertainty with a wait-and-see attitude.
Organic. Biodynamic. Natural. What does it all mean? As the wine world marches toward eco-consciousness and sustainability, consumers are left with more buzzwords, and more questions.
The global banana market, which was already facing additional stress on margins due to the high costs of transport and raw materials plaguing many industries, now faces additional difficulties in many countries due to Russia's invasion of the Ukraine.
Farms that used regenerative agriculture practices such as no-till farming, cover crops and diverse crop rotations produced crops with higher levels of certain vitamins, minerals and phytochemicals than farms using conventional practices, according to results in a study from the University of Washington.
