War in Ukraine Pushes Food Prices to Record High: FAO

The surge in food prices accelerated after the Russian invasion of Ukraine in late February. Russia and Ukraine are major exporters of wheat and corn. Global food prices have hit record levels in the wake of the Ukraine war, the latest data from the Food and Agriculture Organization shows, raising concerns over food security and the conflict's impact on vulnerable populations across the world. The U.N.'s food price index rose to 159.3 in March, up 17.9 points, or 13%, from February and jumped 34% from a year ago. The index measures the monthly change in international prices for a basket of [...]

Plantations International Joins United Nations Global Compact

The Plantations International Group of Companies is very pleased to announce that is been accepted into the prestigious United Nations Global Compact. Plantations International pledges to support the Ten Principles of the United Nations Global Compact on human rights, labour, environment, and anti-corruption. With this communication, we express our intent to implement those principles. We are committed to making the UN Global Compact and its principles part of the strategy, culture, and day-to-day operations of our group, and to engaging in collaborative projects which advance the broader development goals of the United Nations, particularly the Sustainable Development Goals. Plantations International has [...]

Plantations International Brazil Papaya Production

Drought conditions in Brazil have hampered papaya production there and have led to limited volumes of the fruit. With less product available for export, prices for the fruit in Europe have been strong. “Papayas are more expensive at the moment than they were two months ago,” said Marvin Lee of Plantations International “The market was about three Euro per kilogram of fruit, and prices have now risen to around four Euro per kilo; it's been difficult.” Plantations International believes El Nino might have something to do with the drought, as there is less rain in some areas and above-average rainfall in others. [...]

Plantations International Planning Bamboo Plantation in Brazil

Global plantation giant, Plantations International is now set to widen its global Plantation presence to include Bamboo Plantations in Sao Paulo, Brazil. This new expansion is to facilitate the group’s major investment into a forestry plantation sector that could be crucial in meeting the challenges currently faced by the global timber and biomass industries in Brazil. Bamboo is widely considered to be part of the solution to numerous environmental issues. Bamboo has been identified as one of the most sustainable species in the world today and presents a wide range of potentially lucrative commercial opportunities. Plantations International is in the process [...]