-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 Hindu The Cabinet will take a call on the shape of a new global agreement that India would push for at the for the upcoming climate change talks and over the next two years till it is signed in 2015. The Union Cabinet is likely to decide the non-negotiables for the upcoming climate change negotiations on Thursday. The Cabinet will take a call on the shape of the new global agreement...

-The United Nations Improved supplies and a recovery in global inventories of cereals has led to less price volatility than in recent years, the United Nations Food and Agriculture Organization (FAO) said today, adding that food prices over the past month rose slightly, driven by higher sugar prices. "The prices for most basic food commodities have declined over the past few months. This relates to production increases and the expectation that in...

-PTI LONDON: India is among the "extreme risk" countries of the world where economic impacts of climate change will be most keenly felt by 2025, according to new research released on Wedesday. Kolkata and Mumbai are among the cities where the economic exposure to the impacts of extreme climate related events will be highest over the next 30 years, the report found. The annual release of British risk consultancy Maplecroft's 'Climate Change and...

-PTI NEW DELHI: Around 20 million tonnes of wheat is wasted in India every year due to inadequate storage infrastructure, Institution of Mechanical Engineers said today. "Foodgrains are lost in India mainly due to lack of facilities in storage and transportation. 20 million tonnes of wheat is lost every year as a result of that," said Tim Fox, Head of Environment at the UK-based body. He released the report, 'Global Food: Waste not,...