While the financial crisis still casts a shadow over many countries, the benefits of South-South cooperation are setting the stage for sustainable development.

Rice consumers worldwide can now look forward to eating “green” rice with the launch of an initiative that will set environmentally sustainable and socially responsible rice production management standards.

Food prices fell in December 2011 with the FAO Food Price Index dropping 2.4 per cent, or five points from November. At its new level of 211 points, the Index was 11.3 per cent (27 points) below its peak in February 2011.

The International Fertilizer Industry Association (IFA) has released its short-term Fertilizer Outlook 2012-2013 to the public. The report shows that the fertilizer sector has now fully recuperated from the setback of 2008/09 and is maintaining a steady stream of investment in new capacity, capitalizing on the positive forecasts of a 3 per cent increase in consumption worldwide for the main nutrients – nitrogen (N), phosphorus (P) and potassium (K) – in 2012.

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