It's that time of the year when Kishore Lal Singh's eyes almost involuntarily scan the skies. The monsoons are coming. In the months ahead, for this Bhil farmer growing cotton, maize and soya south of the Malwa plateau in Madhya Pradesh, life will again hang on a knife's edge. If it rains well, his two bighas (about four basketball courts) of cotton will yield 1,000 kg. If not, he will...
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World food prices to remain high by Dilip Kumar Jha
FAO forecast of generally tight situation for most crops and commodities over next 18 months. Consumers are unlikely to get relief from high food prices till December 2012, despite a modest increase in global foodgrain production. High and volatile agricultural commodity prices are likely to prevail for the rest of this year and into 2012, says a report of the Food and Agriculture Organisation of the United Nations. The next few months...
More »No respite from price rise, food inflation up 9.01%
-The Times of India Notwithstanding the government's projections of a moderation in the rate of price rise of food items, food inflation jumped to a two-month high of 9.01 per cent for the week ended May 28 on the back of costlier fruits, onions and protein-based items. Food inflation, as measured by the Wholesale Price Index (WPI), was 8.06 per cent in the previous week, while it was as high as...
More »World food price situation to remain tense in 2011: FAO
-PTI High volatility and price swings in food commodities are likely to prevail for the rest of this year and could continue into 2012, UN body Food and Agriculture Organisation today said. “High and volatile agricultural commodity prices are likely to prevail for the rest of this year and into 2012,” Food and Agriculture Organisation said in a statement. The next few months will be critical in determining how the major crops...
More »World food prices set to remain high-FAO
High and volatile agricultural commodity prices are likely to prevail for the rest of this year and into 2012 according to the latest analysis published today in FAO's biannual Food Outlook. The report cites a sharp rundown on inventories and only modest overall production increases for the majority of crops as reasons for continuing strong prices. The next few months will be critical in determining how the major crops will fare this...
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