Reading Time: 4 minutes Leading members of the Group of 20 nations are prepared to trigger an emergency meeting to address soaring grain prices caused by the worst U.S. drought in more than half a century and poor crops from the Black Sea bread basket. France, the United States and G20 president Mexico will hold a conference call at […] Read more
World powers eye emergency food meeting; action doubted
Commodity storm leaves food concerns intact
Reading Time: 3 minutes This week’s commodities plunge has done little to dent concerns of continuing food price inflation, as grain prices held up better than most and fundamentals for the highly weather-sensitive sector are unchanged. Grain traders have had their eyes glued to weather forecasts rather than economic data, as heavy rainfall slows planting in the U.S. Corn […] Read more
A message from April Stewart, Country Guide's Associate Editor
