-The United Nations Citing dwindling stocks and only small production increases for the majority of crops, a new United Nations report released today says world food prices are likely to remain high for the rest of this year and into 2012. The biannual Food Outlook published by the UN Food and Agriculture Organization (FAO) states that the next few months will be critical in determining how the major crops will fare...
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World grain output to rise on more planting & better yields
-Reuters World cereals output is expected to rise to a new record in 2011 due to more planting and improved yields but low stocks are set to keep prices high, the United Nations’ food agency said. Global cereals output is expected to rise 3.5% to 2.315 billion tonne this year, recovering after a 1% fall in 2010, the UN’s Food and Agriculture Organisation (FAO) said on Tuesday in its first estimate...
More »The problem of plenty by Rohtash Mal
Indian farmers have much to celebrate this year with a bumper wheat harvest. As predicted by the ministry of agriculture, wheat farmers have begun to harvest what is shaping up to be a record crop, projected at 84.27 million tonnes. We are growing more wheat than ever before. The earlier record of 80.8 million tonnes of wheat production was achieved in 2009-10. Estimates show that foodgrain production including wheat, rice, pulses...
More »Food crisis? We've enough on our plates by Tim Lang
Yes, food prices are rising but more competition is not the answer — it's time to stop over-consumption. Slowly, surely, a new mixture of consensus and fault lines is emerging about world food. On the one hand, there is agreement we are entering a new era in which basic agricultural commodity prices are rising after decades of falling. This will hit the poorest hardest, as an Oxfam report this week on...
More »Cash Transfers as the Silver Bullet for Poverty Reduction: A Sceptical Note by Jayati Ghosh
The current perception that cash transfers can replace public provision of basic goods and services and become a catch-all solution for poverty reduction is false. Where cash transfers have helped to reduce poverty, they have added to public provision, not replaced it. For crucial items like food, direct provision protects poor consumers from rising prices and is part of a broader strategy to ensure domestic supply. Problems like targeting errors...
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