-The Economic Times The food and consumer affairs ministry plans stern action to curb any speculative trading of grains in the Futures Market after an emergency meeting slated for later this week to review the price situation. Food and consumer affairs minister KV Thomas is taking a daily stock of prices as the country grapples with a below- normal monsoon. "After reviewing the situation in the Futures Market, we will send the...

-The United Nations The world needs to take a hard look at speculation on the financial markets and its potential impact on food price volatility, the head of the United Nations Food and Agriculture Organization (FAO) said today. “Excessive food price volatility, especially at the speed at which price swings have been occurring since 2007, has negative impacts on poor consumers and poor producers alike all over the world,” FAO’s Director-General, José...

-Inclusion.in There is good news. And there’s bad news. The good news first. There’s been a bumper wheat crop and the granaries are overflowing. And the bad news? Where do we begin? A lot of that grain will rot. Millions will still remain hungry. Heavily in debt and distressed, farmers are committing suicide. Food prices are soaring. There’s more… Farmers don’t have money. Their land is too small and isn’t yielding much. Fertilisers and...

-The Hindu Commodification, commercialisation and financialisation of nature will produce a greedy, not green, economy Over 100 world leaders will meet in Rio de Janeiro this week for the U.N. Conference on Sustainable Development, popularly referred to as Rio+20 Global Earth Summit. It is being held amidst “‘a world running low on drinking water and productive land’ and set against the backdrop of accelerating global warming, climate change, chemical contamination of air, land...

-The Hindu The United Nations Conference on Sustainable Development (Rio+20) is set to take place on June 20 at Rio de Janeiro, 20 years after the 1992 Earth Summit on Environment & Development. World leaders, experts, and U.N. agencies are expected to take stock and reaffirm global commitment to sustainable development. The summit is taking place against the backdrop of threats of catastrophic climate change, unprecedented environmental degradation and widespread market...