-Business Standard Total physical stock as on November 1 was 43 mt against the total covered storage capacity of 55 mt For the first time in many years, foodgrain stocks in the central pool are much less than the entire covered storage capacity available with the Food Corporation of India (FCI), thanks to some reduction in procurement and efficient management. This, as some officials said, effectively means the bulk of the rice procured...

-Business Standard Commerce Minister Nirmala Sitharaman says India's proposals will be now reviewed by the WTO General Council Washington: India has reached an agreement with the United States on public stockpiling of food, trade minister Nirmala Sithamaran said on Thursday, paving the way for the implementation of a global trade facilitation deal that has been stalled for months. Under the pact with Washington, India will lift a veto on a global agreement on...

-The Indian Express * Have global agri-commodity prices fallen? By how much? They have. The Food and Agricultural Organisation's latest Food Price Index (base: 2002-04 = 100) of 192.3 for October is down 6.9 per cent compared to a year ago, and 19.1% below the all-time high of 237.7 reached in February 2011. Prices of commodities such as corn, wheat, soybean, sugar and palm oil traded in international futures exchanges are today...

-Down to Earth Study finds that black carbon and ozone pollution in India has significantly cut wheat and rice yield The levels of smog and air pollution in India have become so severe that crop yields are taking a hit. Scientists recently analysed yields for wheat and rice alongside pollution data, and concluded that the crop yields have significantly reduced. They have attributed the decrease in yield to two air pollutants-black carbon...

-The Business Standard Wholesale prices of edible oils have risen 40% since Oct 15; pulses and wheat have surged 4.62% and 8.33%, respectively These could still be early signs, but it appears the breather on food inflation that India has been enjoying for some time is going to end. Following a sharp reduction in production estimates, prices of key agricultural commodities have risen over the past three weeks. According to data from the...