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How to rebuild confidence in food markets after this summer’s spike in wheat prices

REGULARITY and repetition—of returning rains, of seasonal temperatures, of the cycles of life and death—are the essence of agriculture. So perhaps it is not surprising when events recur. In 2007-08, food prices soared. Mozambique and 30 poor countries endured food-price riots. Russia led a procession of grain exporters to restrict sales. And the world had to face up to changes in the pattern of food demand, reversing decades of declining...

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Heat wave kindles hopes of good Indian harvest

Summer temperature in India is set to remain above average, weather officials said, raising hopes of heavy rains at the start of the monsoon season that will help early sowing of rice, soybeans and lentils. Early sowing and the subsequent early harvest insulates crops from weather risks such as weak rains towards the end of the June-September monsoon season that delivers 75-90% of the rainfall in most parts of India. It also...

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A time for introspection

Increasing scrutiny of the Intergovernmental Panel on Climate Change and, in particular, its chairman, should lead to reforms THE past month has not been a good one for Rajendra Pachauri (pictured above), the charismatic chairman of the Intergovernmental Panel on Climate Change (IPCC) and director general of TERI, an Indian research institute. His numerous positions on boards and industrial advisory panels, in India and beyond, have led to charges of conflicts...

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Time Bomb Ticking

KEY TRENDS    • Extreme temperature shocks reduce farmer incomes by 4.3 percent and 4.1 percent during kharif and rabi respectively, whereas extreme rainfall shocks reduce incomes by 13.7 percent and 5.5 percent *&    • It is estimated that to cover 50 percent (5 million ha) of the total acreage under rice-wheat cropping system (RWCS) in India, about 60000 Turbo Happy Seeders and 30000 super SMS fitted combines will be required; at present, there are only about 3000...

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