Global economic and financial crisis (2007-2008) coupled with food and fuel crises (2006-2008) has pushed the number of undernourished in the world to 1.02 billion during 2009, This has happened despite international food commodity prices declining from their earlier peaks, finds a newly released report of the UN’s Food and Agriculture Organisation (FAO, www.fao.org) titled: The State of Food Insecurity in the World Report 2009: Economic Crises-Impacts and Lessons Learnt....

Concerted efforts have been made to give a new lease of life to the Doha Round of WTO negotiations. The question before us is: what is the most relevant role which this revived round of trade talks can play? If we take an overview of the entire international trade scene and the changes that have taken place ever since the WTO was created (including the negotiations which preceded the WTO’s...

South Asia will be badly hit by declining crop yields stemming from climate change, a report by the International Food Policy Research Institute (Ifpri) has found ahead of a food security summit next month. Another study, released by the Food and Agricultural Organization on Thursday, also said that farm yields will be adversely affected by global warming. The Ifpri report—made public on Wednesday—analysed 32 crops and livestock commodities in 281...

Between 2005 and 2007, the world saw doubling of the prices of wheat, coarse grains, rice and oilseed crops and they continued rising in early 2008. It has been predicted by an OECD study (2008) that on average over the coming ten-year-period, prices in real terms of cereals, rice and oilseeds are projected to be 10% to 35% higher than in the past decade. This means more trouble for the...

A good reason why we must not rejoice the late resumption of monsoon rains is that much of the damage is already done and is irreparable. In over 60 percent of India’s agricultural belt, particularly in the North-Western parts, there will be no rabi harvest. Hence, late arrival of rains hardly mitigates the challenges of lower agricultural production, shrinking of rural purchasing power, high inflation of food prices and loss...