Market Report

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 [...]

The 2020 Agricultural Water Summit

The Agricultural Water Summit, the first event focused on the water crisis affecting the agricultural industry, has announced a new date in light of the Covid-19 pandemic. The event has been moved to Sept. 22, 2020, and will still take place at the Monticello Conference Center and Hotel in San Francisco de Mostazal, Chile. The Agricultural Water Summit will provide an excellent opportunity for different actors related to water in agriculture and other affected industries to come together for a dynamic and in-depth conversation. Innovation, education and cooperation will key critical in the search for new solutions for the use, reuse [...]

Special Report: China and The Global Garlic Market

OVERVIEW GLOBAL GARLIC MARKET China, by far the world's largest garlic producer, sets the conditions in the global market. Rumours about problems with the crop and possible losses are being taken relatively calmly by the international market, although there are reports that importers are monitoring their import flows more closely and importing more from other countries in order to avoid problems. Argentinian growers are struggling to maintain their position on the world market. Due to high costs and competition from other countries, they risk losing their capacity to compete. Israeli growers are frustrated about the import quotas, which only allow imports [...]