-FAO Rome: Food commodity markets are becoming more balanced and less price volatile than in recent years thanks to improved supplies and a recovery in global inventories of cereals, according to FAO's Food Outlook report published today. "The prices for most basic food commodities have declined over the past few months. This relates to production increases and the expectation that in the current season, we will have more abundant supplies, more export...

-The Economic Times NEW DELHI: Unchecked climate change, scientists warn, will slow down economic growth, impact poverty reduction, lower food production and drive up food prices. A leaked copy of the draft report of the Working Group II of the Intergovernmental Panel on Climate Change (IPCC), reviewed by ET, sounds the most urgent warning till date on the adverse impacts of unchecked climate change. While poor African countries stand out as the likely...

-The Guardian World Bank report calls for action to cut common pollutants such as soot, which could save millions of lives every year Cleaner cookstoves could save a million lives every year, but costs need to decrease sharply for poor households in developing countries to be able to afford them, according to a World Bank report. On thin ice: how cutting pollution can slow warming and save lives, published on Sunday evening, calls...

-The Economic Times A decline in paddy production in eastern states and Andhra Pradesh has triggered speculation of a lower rice output this year, stoking a 10-30% spike in prices at a time when high vegetable prices have pushed inflation to a seven-month high. Floods and incessant rains in major rice producing states such as West Bengal, Odisha, Bihar and Andhra Pradesh during the harvesting period have affected the paddy crop. Talking to...

-The Economic Times That India has had an excellent monsoon is a given, as is the prognosis that it will more than double agricultural growth from the lowly 1.9% seen in the last fiscal year. The happy tidings on the farm front won't end there. The joy could actually multiply by the last quarter of this fiscal year because abundant rains will benefit the increasingly important winter rabi crop more than...