Summary of newspapers of the previous day – 8.11.2011

FAO price index decreased in October

A steep fall in prices of cereals, oils, sugar and milk products in October caused 4 % fall of FAO price index. The price index of the Food And Agriculture Organization (FAO) of the UNO fell in its eleven-month minimum in October; it declined by 4 % to 216 points against September. However, despite the fact food prices remain in year-on-year comparison generally higher and very volatile. The decline in FAO price index was caused by a steep fall in international prices of cereals, oils, sugar and milk products. Meat prices decreased least. In spite of the significant fall in FAO price index in October (published on the 3rd of November) prices were still by 5 % higher than in the same period last year.

Lesy ČR still shows growth of operating results - almost 5 milliard over first three quarters

Operating results of LČR over 9 months this year reached 4.965 milliard CZK. A similar result has not been ever achieved in the firm´s history. The operating results (OR) is already by 1.8 milliard crowns higher now than over the entire last year. OR is not a consequence of reduction in costs for care of forests, nor of increase in timber harvesting: yearly timber harvesting is similar - costs for care of forests are at the highest level; LČR returns back to forest record 4 milliard crowns this year, mainly into growing activity, building and maintenances of forest infrastructure and water courses.

Ministers of environment of the countries V4, Bulgaria and Romania negotiated about low-carbon policy and preparation for conference in Durban

The topic of the first day of meeting was an analysis of transition to higher objective of reduction of green-house gas emissions, a preparation of countries for the 17th conference of contractors of the General agreement of UNO on climatic change and the 78th meeting of contractors of Kyoto protocol. The ministers also dealt with state of atmosphere, a new budgetary framework of the European Union, and the EU environmental policy. The preparation of low-carbon economy: Ministers reminded importance and significance of the preparation of low-carbon economy to the year 2050 and emphasized that any other steps have to be carefully judged from a viewpoint of all potential costs, contributions and impacts at the level of particular member states, including industrial branches to minimize risks of carbon outflow and to secure economic practicability.

November - Wood as renewable raw material

Our republic takes the 12th place in forest coverage (33.5 %) among European states, it is on the 4th place in wood reserves per 1 hectare (245.8 m3/ha) and on the 6th place in yearly increase per 1 ha (7.8 m3/ha). Especially the last two data show that the state of forests in the Czech Republic is by far not such as it is often presented, unfortunately. The total yearly increase (what grows in forests yearly) in Czech forest is approximately 18 mil. m3, hereat, roughly 14 - 15 mil. m3 is harvested yearly, it means that wood reserves increase annually by at least 3 mil. m3 and they amounted to 650 mil. m3 in 2003 (it was 307 mil. m3 in 1930). Owing to enlargement of forests area the increase grows; it means that wood reserves in the CR increase as well as dynamics and speed of this process.