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And we implore this council and the world beyond it to help to make every effort to restore the spirit. what the secretary general at the time referred to as the beacon of hope that those two agreements represented for all of us in a world of such difficulty and tragedy. so what does all of this mean for ourfood prices? well, my first guest, she s a bit of a regular on the show because her predictions of where food and commodity prices are headed have consistently been accurate. she s the head of research at the global commodities merchant ed&f man, kona haque. always a pleasure having you on the show. and let me start with this because we had seen prices dipping, and correct me if i m wrong, but that doesn t seem to be the case anymore? no, that s correct. we ve had a series of events over the last few weeks which have caused prices to suddenly escalate again. prices for rice were already rising quite a bit. ....
To the global south and beyond. the united nations is concerned about, notjust food prices, but people surviving. some will go hungry, some will starve. many may die as a result of these decisions. and we implore this council and the world beyond it to help to make every effort to restore the spirit. what the secretary general at the time referred to as the beacon of hope that those two agreements represented for all of us in a world of such difficulty and tragedy. so what does all of this mean for ourfood prices? well, my first guest, she s a bit of a regular on the show because her predictions of where food and commodity prices are headed have consistently been accurate. she s the head of research at the global commodities merchant ed&f man, kona haque. always a pleasure having you on the show. and let me start with this because we had seen prices dipping, and correct me if i m wrong, but that doesn t seem to be the case anymore. ....
Always a pleasure having you on the show. and let me start with this because we had seen prices dipping, and correct me if i m wrong, but that doesn t seem to be the case any more. no, that s correct. we ve had a series of events over the last few weeks which have caused prices to suddenly escalate again. prices for rice were already rising quite a bit. in fact, we ve reached two year highs lately, and the reason for that is because unusual weather, particularly hot weather in asia, and this has caused crops, particularly rice yields, to suffer. so india, which is worried about domestic food inflation, decided that they would put a ban on rice exports and therefore hope, in the hope that their own domestic prices would therefore start to stabilize, irrespective of what happens to global rice prices. so that s definitely an impact on rice. but here in europe, we re seeing an issue with grains, because the black sea is home to probably a quarter of the world supplies ....