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UN food price index registers sharp drop in prices during May

-The United Nations The United Nations today reported a sharp drop in global food prices during May owing to generally favourable supplies, growing global economic uncertainties and a strengthening of the United States dollar. The monthly food price index of the Food and Agriculture Organization (FAO) averaged 204 points in May, down 9 points from April, the agency said in a news release. This was the lowest level since September 2011. The index...

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Global food prices down on record high production: FAO

-The Business Standard   The FAO Food Price Index fell by 4% in May Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today. The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4%...

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Scientist's warning on farmer suicides

-The Times of India   BHOPAL: Driven by abject poverty and financial distress, a farmer along with his wife and two children committed suicide by jumping before a train in Harda district in western Madhya Pradesh, police said on Friday.   Rajendra Singh Rajput, 40, along with his wife aged 35, and two boys Aniketh, 14, and Mohit, 11, was run over by Guwahati Express (Mumbai LTT - Guwahati) in Palasnar area on Thursday...

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Slight delay in monsoon onset won’t impact farm prospects: Farm secy-Banikinkar Pattanayak

A delay in the onset of monsoon by 3-4 days over the Kerala coast won’t jeopardise India’s farm prospects in the crop year starting June 1 as sowing usually picks up with the arrival of the seasonal showers, according to outgoing agriculture secretary P K Basu. In an interview, Basu told FE that the rainfall in June, however, holds the key. ‘‘If there are scanty showers in June, sowing may be...

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MoEF panel favours bauxite mining in Vizag tribal area-M Suchitra

Yet-to-be-made public report dismisses environmental concerns The high-level committee set up by the Union Ministry of Environment and Forests (MoEF) to study the socio-economic and ecological impacts of the proposed bauxite mining in Andhra Pradesh’s Visakhapatnam district has submitted its final report  favouring mining. The committee concludes mining will not have any significant negative impact on the ecology. At the same time it recommends settling all claims under the Forest Rights...

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