Climate change and global food shortages could bring unexpected benefits for British farmers in the next two decades, ultimately relieving taxpayers of the burden of subsidising them, Caroline Spelman, environment secretary, has claimed. Ms Spelman said the UK was unlikely to suffer the severe water shortages that scientists predict will afflict other parts of the world, and that British farmers should be able to exploit greater demand for their produce. “Countries that...

Asks the regulator to wait till end of festive season to prevent price speculation. The ministry of food and pubic distribution system has proposed to the Forward Markets Commission (FMC) to extend the ban on trading of sugar futures till the festive season is over. Officials said recommendations have been sent to the regulator to prevent any scope of speculation in the sugar prices at a time when prices of all commodities...

The neo-colonial rush for global farmland has gone exponential since the food scare of 2007-2008. Last week's long-delayed report by the World Bank suggests that purchases in developing countries rose to 45m hectares in 2009, a ten-fold jump from levels of the last decade. Two thirds have been in Africa, where institutions offer weak defence. As is by now well-known, sovereign wealth funds from the Mid-East, as well as state-entities from China,...

Canada hosted this year’s G-20 and as a follow-up it had a conference for Speakers of Second Chambers—or of unicameral ones where relevant—from September 2-5. The theme was Food Security and Financial Crisis. The burden of the speeches was predictable. Food security for most people is about agriculture and its protection. It is about food production and everyone wished they could grow more food. Others took a neo-Malthusian line that the...

Under ideal conditions, grain storage options in India are built up from the buffer stock strategies. These, in turn, are derived from fluctuations in grain output and the need to ride through, say, two bad years. To the needs of the required buffer are added the demands from operational requirements and those of grains in transit. Once upon a time, there used to be controversies concerning why should we separately account...