Global Scans · Food & Agriculture · Weekly Summary

• [New] Argentina needs to take advantage of the opportunities offered by the new global scenario to develop in food, industry 4.0, mining, and energy. MercoPress
• [New] Further geopolitical tensions - including a possible reescalation of the war in Ukraine - could constrain cross-border flows of food, fuel, and fertilizer, causing additional price volatility and undermining business and consumer sentiment. IMF eLibrary
• [New] Global heating will inflict economic losses on the global economy of $38 trillion a year by 2049 as extreme weather ravages agricultural yields, harms labour productivity, and destroys infrastructure. CleanTechnica
• [New] Throughout the world, farmers add nitrogen fertilisers to their crops to improve yields; plants need nitrogen, and they will grow better if they have the right amount of it. PubMed Central (PMC)
• [New] Nearly 80% of consumers in the U.S. agree that nutritious foods are good for health and can reduce the risk of illness and disease. Agri-Pulse Communications, Inc.
• [New] Farm Credit Canada should continue to pursue opportunities to support agri-food and agribusiness, including through venture capital investment, and further deployment of technologies to mitigate climate change. Canada Coop
• [New] Acre plans to invest in 15 to 20 export credit agency (ECA) - backed projects worth up to US$2bn in four broad sectors, including renewable power; health, food and water scarcity; sustainable cities; and green transport. Global Trade Review (GTR)
• [New] In Homa Bay, Stable Foods hopes to positively impact local communities and play a transformative role in Kenya's quest to tackle food insecurity and rural poverty. AgFunderNews
• [New] Food prices are seen rising by an estimated $33,000 over the lifetime of a 2024 baby, due to disruptions to agriculture and supply chains. CNN
• [New] Wind farms generated a record level of power in Ireland last month and activity is expected to rise further as long-awaited planning legislation is set to be introduced in 2024. Irishexaminer.com
• [New] FEWS NET expects the number of people in need of food assistance to be lower in Somalia, Kenya, and Niger. ReliefWeb
• [New] The presence of chemicals in food is not what determines whether food is safe to eat, and that FDA evaluates and monitors chemicals in regulated food to ensure they do not pose a health risk. National Law Review
• [New] In addition to the effects of climate change, anthropogenic disturbance, such as land use change, could substantially influence the IIP ranges due to habitat modification and food availability. MDPI
• [New] The agri-food sector needs to change: The world is already struggling to feed 7.7 billion people, and crop yields will have to increase by about 50% from current levels over the next 30 years to meet a growing global population and changing diet, a Morningstar report showed in 2023. Morningstar UK
• [New] Agriculture is expected to slow to 0.5% in 2024, before picking up again to 1.1% next year with higher government support for agricultural credit and insurance and expanded investment in new technologies. Asian Development Bank
• There is a clear indication that over consumption of antimicrobial in humans has led to resistant pathogens that adversely affects the human health, perhaps, among the top ten list, AMR is considered as the potential global threats to human health, food security, and development,,. PubMed Central (PMC)
• Analysis from the Future Fit Food and Agriculture reports series estimates that to mitigate up to 90% of their annual agricultural and land-use change emissions by 2030, food and agriculture companies should expect sector-wide costs of approximately USD $205 billion per year (2025-2030). Farming First
• Replacing 16% of red meat with forage fish in 2050 may reduce deaths from coronary artery disease by about 15%, and deaths from stroke, diabetes, and colorectal cancer by 2 to 3%. EverydayHealth.com
• Going FOGO is an exciting opportunity for more households in NSW to get on board with organics recycling and help us divert half a million tonnes of food waste from landfill by 2027. NSW Environment Protection Authority
• Clean Food Group secures £2.5M in funding led by Clean Growth Fund for its sustainable oil and fat substitutes, aiming for a 2025 commercial launch. Nutrition Capital Network
• The lack of food in Gaza - where the UN has warned of imminent famine - meant many sick and injured people were not strong enough to fight off infection or heal properly from their wounds. BBC News
• As prices increase and own-produced food availability decreases, an increasing number of displaced households will face Emergency (IPC Phase 4) outcomes through September. Fews Net

Last updated: 23 April 2024