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Posted Wednesday July 2, 2008, 6:40 am, Over one day old
Some 14 million people in the Horn of Africa are facing food shortages in an acute emergency worsened by war, drought and rising prices, aid agencies warned Wednesday.
Read 14 million in Horn of Africa facing food emergency: agencies (AFP via Yahoo! News) (Links)
Posted Wednesday July 2, 2008, 6:40 am, Over one day old
Many food producers show revenue growth, but commodity costs are gobbling profits.
Read Spicy Times Ahead for Food Stocks (The Motley Fool) (Links)
Posted Wednesday July 2, 2008, 6:40 am, Over one day old
Ending bans on agricultural exports would cut global prices for some key foods by up to 30 percent, a food policy researcher said Wednesday.
Read Countries urged to lift food export bans (AP via Yahoo! Finance) (Links)
Posted Wednesday July 2, 2008, 6:40 am, Over one day old
July 2 (Bloomberg) -- Marks & Spencer Group Plc , suffering from a slump in U.K. consumer spending, said sales dropped the most since 2005 and ousted its top food executive after his unit had the worst quarter in at least a decade.
Read Marks & Spencer Reports Sales Slump, Ousts Food Head (Update3) (Bloomberg.com) (Links)
Posted Wednesday July 2, 2008, 6:40 am, Over one day old
Up to 250 workers at Oscar Mayer food processing factory in Chard are to lose their jobs.
Read Job losses at Chard food factory (BBC News) (Links)
Posted Wednesday July 2, 2008, 6:40 am, Over one day old
Relief workers distributing thousands of tons of U.S.-supplied food in North Korea have unprecedented freedom of access in the insular country to ensure the food goes to the people who need it, says the project's chief U.S. negotiator.
Read US-supplied food: Another US-NKorea deal (AP via Yahoo! Finance) (Links)
Posted Wednesday July 2, 2008, 6:40 am, Over one day old
Americans buying food for their Fourth of July cookout will be paying more, the nation's largest farm group said on Wednesday, with prices up 8.5 percent from this time last year.
Read U.S. food prices up 8.5 percent from last year: AFBF (Reuters via Yahoo! News) (Links)
Posted Wednesday July 2, 2008, 6:40 am, Over one day old
G8 leaders are likely to seek to demonstrate their commitment to tackling soaring world food prices by issuing a separate statement on the issue at next week's summit, a Japanese foreign ministry official said this week.
Read G8 likely to send message on tackling food prices (Reuters via Yahoo! News) (Links)
Posted Wednesday July 2, 2008, 6:40 am, Over one day old
Afghanistan?s worsening conditions resulted partly from the global surge in food prices and the effects of a drought that has affected major food-producing areas.
Read U.N. Warns of Food and Security Crises in Afghanistan (New York Times) (Links)
Posted Wednesday July 2, 2008, 6:40 am, Over one day old
The state has found a way to significantly increase federal food assistance by more than 50 percent in some cases for about 114,000 impoverished households around the state.
Read State Aims to Help Families Struggling to Buy Food (New York Times) (Links)
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