World food prices fell 2 per cent in September, reflecting higher grain supplies and weakened demand, according to FAO.

Higher food prices and volatility in commodity markets are here to stay, according to a new report by the OECD and FAO.

Rice exports from Thailand, the world’s largest shipper of the grain, may gain more than expected this year, boosted by strong demand from the Middle East and Asia, according to the Thailand Ministry of Commerce.

The U.S. Dairy Export Council (USDEC) and the National Milk Producers Federation (NMPF) applauded the successful negotiations between the U.S. and South Korea aimed at resolving areas that have prevented advancement of the U.S.-Korea Free Trade Agreement.

Southeast Asia’s imports of distiller’s dried grains with solubles (DDGS) between January and February 2010 showed a 73 per cent year on year increase, the US Grains Council has announced. In 2009, the region imported 890,000 metric tons of the ethanol co-product, accounting for 16 per cent of the US total DDGS exports, up from 590,000 tons in 2008.