-The Business Standard Unfavourable weather conditions in US, Brazil; reduced supply on geopolitical tensions supported move, to ease soon Global food prices rose sharply to hit a 10-month high in March, following a 2.3 per cent rise in the prices of agricultural commodities brought on by unfavourable weather conditions in the United States and Brazil, coupled with geopolitical tensions in the Russian region. While the global commodity price rise opened an opportunity for...
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Sharp rise in FAO Food Price Index
-FAO Rome: The FAO Food Price Index rose sharply in March, up 4.8 points, or 2.3 percent, to an average of 212.8, the highest level since May 2013. "The Index was influenced, as expected, by unfavourable weather conditions in the US and Brazil and geopolitical tensions in the Black Sea region," said Abdolreza Abbassian, FAO Senior Economist. These and other influences are reviewed in greater detail in the AMIS Market Monitor report, the...
More »The run of rains in Indian agriculture
-Live Mint Inefficient government relief is reason to allow access to alternatives The increased probability of an El Nino weather pattern has already begun to rustle up fears about how a bad monsoon could hurt a sluggish Indian economy. The concerns are valid even though the economy is less dependent on agriculture than before and reservoir levels this summer are quite comfortable. The lessons of previous El Nino episodes in 2002...
More »Climate warming may hit India's food securiy system: Report
-PTI High levels of warming resulting from continued growth in greenhouse gas emissions may hit India's food security system with a global report warning that the impact could be "more severe" on the country' rice and maize production. Like crops, the country's fisheries could also be negatively affected by climate change, says a report of the Intergovernmental Panel on Climate Change (IPCC) released in Yokohama, Japan. It says that emissions of CO2 often...
More »UN panel warns India of severe food, water shortage -Chetan Chauhan
-The Hindustan Times The UN panel on climate change warned on Monday that famine, water shortage and increased regional tension could plague south Asia, especially India, if corrective steps weren't taken soon to curb greenhouse gas emissions. The alarmist report by the Intergovernmental Panel on Climate Change (IPCC) was released on Monday, at Yokohama in Japan, and focuses on the global impact climate change would have on agriculture, water supply and society. "Nobody...
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