Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES |  Worrying spike in Global Food Prices -CP Chandrasekhar and Jayati Ghosh    </title>
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Having recovered from their lows touched early or mid-2020, food prices are rising fast. At $574.8 a metric tonne in February 2021, the price of soyabean was 53 per cent higher than the corresponding month of 2020,..."/>
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Having recovered from their lows touched early or mid-2020, food prices are rising fast. At $574.8 a metric tonne in February 2021, the price of soyabean was 53 per cent higher than the corresponding month of 2020,..." />
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    <h1 class="cat-box-title"> Worrying spike in Global Food Prices -CP Chandrasekhar and Jayati Ghosh</h1>
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                            <p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify">Having recovered from their lows touched early or mid-2020, food prices are rising fast. At $574.8 a metric tonne in February 2021, the price of soyabean was 53 per cent higher than the corresponding month of 2020, when the effects of the Covid pandemic were yet to be felt (Chart 1).&nbsp; Over that period, the price of maize had risen from $168.71 to $245.24 a metric tonne or by 45.4 per cent; of rice from $426.45 to $531 a metric tonne or by 24.5 per cent; and that of wheat from $238.98 to $$276.63 a metric tonne or by 15.8 per cent. The spike is not restricted to grain and soyabean but affected edible oils as well (Chart 2). The price of coconut oil had risen from $844.12 to $1438 a metric tonne over the year ended February 2021 or by 70.4 per cent. There is some unevenness, however. The increase in the case of sunflower oil over that period was only 8.1 per cent. But, overall, the Food and Agricultural Organisation&rsquo;s (FAO&rsquo;s) price index for cereals had risen by 26.5 per cent and that for vegetable oils by 51 per cent between February 2020 and February 2021. The cereals price index (that relates current prices to an average of 2014-16 prices set to 100) stood at 125.7 in February 2021, a level last exceeded in July 2013. In the case of edible oils, the index at 147.4 in February 2021 was at its highest since February 2012 (Chart 3).</p><p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2021/03/worrying-spike-in-global-food-prices/?fbclid=IwAR2xaWnJ_kPBn7zfRh9TwwqZ3arR6mVbi7NTEN99yYgTqddBRRaJcUFPbn8" title="https://www.networkideas.org/featured-articles/2021/03/worrying-spike-in-global-food-prices/?fbclid=IwAR2xaWnJ_kPBn7zfRh9TwwqZ3arR6mVbi7NTEN99yYgTqddBRRaJcUFPbn8">click here</a> to read more.</p>                                                           
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    <br><a href="https://www.networkideas.org/featured-articles/2021/03/worrying-spike-in-global-food-prices/?fbclid=IwAR2xaWnJ_kPBn7zfRh9TwwqZ3arR6mVbi7NTEN99yYgTqddBRRaJcUFPbn8" class="re" target="_blank">The Hindu Business Line, 9 March, 2021, https://www.networkideas.org/featured-articles/2021/03/worrying-spike-in-global-food-prices/?fbclid=IwAR2xaWnJ_kPBn7zfRh9TwwqZ3arR6mVbi7NTEN99yYgTqddBRRaJcUFPbn8</a><div class="clear"></div>
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Having recovered from their lows touched early or mid-2020, food prices are rising fast. At $574.8 a metric tonne in February 2021, the price of soyabean was 53 per cent higher than the corresponding month of 2020,..."/>
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Having recovered from their lows touched early or mid-2020, food prices are rising fast. At $574.8 a metric tonne in February 2021, the price of soyabean was 53 per cent higher than the corresponding month of 2020,..." />
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    <h1 class="cat-box-title"> Worrying spike in Global Food Prices -CP Chandrasekhar and Jayati Ghosh</h1>
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                            <p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify">Having recovered from their lows touched early or mid-2020, food prices are rising fast. At $574.8 a metric tonne in February 2021, the price of soyabean was 53 per cent higher than the corresponding month of 2020, when the effects of the Covid pandemic were yet to be felt (Chart 1).&nbsp; Over that period, the price of maize had risen from $168.71 to $245.24 a metric tonne or by 45.4 per cent; of rice from $426.45 to $531 a metric tonne or by 24.5 per cent; and that of wheat from $238.98 to $$276.63 a metric tonne or by 15.8 per cent. The spike is not restricted to grain and soyabean but affected edible oils as well (Chart 2). The price of coconut oil had risen from $844.12 to $1438 a metric tonne over the year ended February 2021 or by 70.4 per cent. There is some unevenness, however. The increase in the case of sunflower oil over that period was only 8.1 per cent. But, overall, the Food and Agricultural Organisation&rsquo;s (FAO&rsquo;s) price index for cereals had risen by 26.5 per cent and that for vegetable oils by 51 per cent between February 2020 and February 2021. The cereals price index (that relates current prices to an average of 2014-16 prices set to 100) stood at 125.7 in February 2021, a level last exceeded in July 2013. In the case of edible oils, the index at 147.4 in February 2021 was at its highest since February 2012 (Chart 3).</p><p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2021/03/worrying-spike-in-global-food-prices/?fbclid=IwAR2xaWnJ_kPBn7zfRh9TwwqZ3arR6mVbi7NTEN99yYgTqddBRRaJcUFPbn8" title="https://www.networkideas.org/featured-articles/2021/03/worrying-spike-in-global-food-prices/?fbclid=IwAR2xaWnJ_kPBn7zfRh9TwwqZ3arR6mVbi7NTEN99yYgTqddBRRaJcUFPbn8">click here</a> to read more.</p>                                                           
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    <br><a href="https://www.networkideas.org/featured-articles/2021/03/worrying-spike-in-global-food-prices/?fbclid=IwAR2xaWnJ_kPBn7zfRh9TwwqZ3arR6mVbi7NTEN99yYgTqddBRRaJcUFPbn8" class="re" target="_blank">The Hindu Business Line, 9 March, 2021, https://www.networkideas.org/featured-articles/2021/03/worrying-spike-in-global-food-prices/?fbclid=IwAR2xaWnJ_kPBn7zfRh9TwwqZ3arR6mVbi7NTEN99yYgTqddBRRaJcUFPbn8</a><div class="clear"></div>
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        LATEST NEWS UPDATES |  Worrying spike in Global Food Prices -CP Chandrasekhar and Jayati Ghosh    </title>
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Having recovered from their lows touched early or mid-2020, food prices are rising fast. At $574.8 a metric tonne in February 2021, the price of soyabean was 53 per cent higher than the corresponding month of 2020,..."/>
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Having recovered from their lows touched early or mid-2020, food prices are rising fast. At $574.8 a metric tonne in February 2021, the price of soyabean was 53 per cent higher than the corresponding month of 2020,..." />
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    <h1 class="cat-box-title"> Worrying spike in Global Food Prices -CP Chandrasekhar and Jayati Ghosh</h1>
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                            <p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify">Having recovered from their lows touched early or mid-2020, food prices are rising fast. At $574.8 a metric tonne in February 2021, the price of soyabean was 53 per cent higher than the corresponding month of 2020, when the effects of the Covid pandemic were yet to be felt (Chart 1).&nbsp; Over that period, the price of maize had risen from $168.71 to $245.24 a metric tonne or by 45.4 per cent; of rice from $426.45 to $531 a metric tonne or by 24.5 per cent; and that of wheat from $238.98 to $$276.63 a metric tonne or by 15.8 per cent. The spike is not restricted to grain and soyabean but affected edible oils as well (Chart 2). The price of coconut oil had risen from $844.12 to $1438 a metric tonne over the year ended February 2021 or by 70.4 per cent. There is some unevenness, however. The increase in the case of sunflower oil over that period was only 8.1 per cent. But, overall, the Food and Agricultural Organisation&rsquo;s (FAO&rsquo;s) price index for cereals had risen by 26.5 per cent and that for vegetable oils by 51 per cent between February 2020 and February 2021. The cereals price index (that relates current prices to an average of 2014-16 prices set to 100) stood at 125.7 in February 2021, a level last exceeded in July 2013. In the case of edible oils, the index at 147.4 in February 2021 was at its highest since February 2012 (Chart 3).</p><p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2021/03/worrying-spike-in-global-food-prices/?fbclid=IwAR2xaWnJ_kPBn7zfRh9TwwqZ3arR6mVbi7NTEN99yYgTqddBRRaJcUFPbn8" title="https://www.networkideas.org/featured-articles/2021/03/worrying-spike-in-global-food-prices/?fbclid=IwAR2xaWnJ_kPBn7zfRh9TwwqZ3arR6mVbi7NTEN99yYgTqddBRRaJcUFPbn8">click here</a> to read more.</p>                                                           
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    <br><a href="https://www.networkideas.org/featured-articles/2021/03/worrying-spike-in-global-food-prices/?fbclid=IwAR2xaWnJ_kPBn7zfRh9TwwqZ3arR6mVbi7NTEN99yYgTqddBRRaJcUFPbn8" class="re" target="_blank">The Hindu Business Line, 9 March, 2021, https://www.networkideas.org/featured-articles/2021/03/worrying-spike-in-global-food-prices/?fbclid=IwAR2xaWnJ_kPBn7zfRh9TwwqZ3arR6mVbi7NTEN99yYgTqddBRRaJcUFPbn8</a><div class="clear"></div>
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Worrying spike in Global Food Prices -CP Chandrasekhar and Jayati Ghosh

Published on Mar 9, 2021   Modified on Mar 12, 2021

-The Hindu Business Line Having recovered from their lows touched early or mid-2020, food prices are rising fast. At $574.8 a metric tonne in February 2021, the price of soyabean was 53 per cent higher than the corresponding month of 2020, when the effects of the Covid pandemic were yet to be felt (Chart 1).  Over that period, the price of maize had risen from $168.71 to $245.24 a metric tonne or by 45.4 per cent; of rice from $426.45 to $531 a metric tonne or by 24.5 per cent; and that of wheat from $238.98 to $$276.63 a metric tonne or by 15.8 per cent. The spike is not restricted to grain and soyabean but affected edible oils as well (Chart 2). The price of coconut oil had risen from $844.12 to $1438 a metric tonne over the year ended February 2021 or by 70.4 per cent. There is some unevenness, however. The increase in the case of sunflower oil over that period was only 8.1 per cent. But, overall, the Food and Agricultural Organisation’s (FAO’s) price index for cereals had risen by 26.5 per cent and that for vegetable oils by 51 per cent between February 2020 and February 2021. The cereals price index (that relates current prices to an average of 2014-16 prices set to 100) stood at 125.7 in February 2021, a level last exceeded in July 2013. In the case of edible oils, the index at 147.4 in February 2021 was at its highest since February 2012 (Chart 3). Please click here to read more.

The Hindu Business Line, 9 March, 2021, https://www.networkideas.org/featured-articles/2021/03/worrying-spike-in-global-food-prices/?fbclid=IwAR2xaWnJ_kPBn7zfRh9TwwqZ3arR6mVbi7NTEN99yYgTqddBRRaJcUFPbn8

Tagged with: Food Prices Price Inflation Food Inflation Cereal Prices Edible Oil Prices

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