-Down to Earth Reasons behind the trend include high inventory levels, lower oil prices and renewed strength of the US dollar The Food Outlook report released on Thursday states that agricultural commodities are going through a period of lower prices and less volatility. After dramatic price rise from 2007 till early 2011, cereal and vegetable oil prices are now steady as well as on the decline, the biannual publication of the Food...
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Advance estimates peg this year’s kharif yield at less than that of 2014-15
-The Times of India NEW DELHI: Hit by drought in two consecutive years due to deficit Monsoon, India's food-grain production is likely to decline this year. The government's first 'advance estimates', released on Wednesday, put the total Kharif (summer) foodgrain production for 2015-16 at 124.05 million tonnes (MT) which is 2.26 MT less than the 'actual' Kharif output of 2014-15. If one takes into account only 'first advance estimates' of Kharif foodgrain...
More »Politics of Food -Gayatri Jayaraman
-India Today Agriculture powerhouse Madhya Pradesh still suffers from high levels of malnutrition, a contrast that exposes our flawed food policies Madhya Pradesh in mid-March is heavy with the scent of the Mahua blossom. Heaped at village bazaars, and now restricted largely to brewing liquor, its pungent smell is fast disappearing from indigenous tribal stews and curries. On the road to Petlawad and Alirajpur on the western edge of the state, farmers...
More »Destruction of US credibility at WTO -Timothy A Wise and Biraj Patnaik
-Livemint.com It is hypocritical of the US to give price support to its farmers while denying it to the world’s poorest farmers The tenth ministerial conference of the World Trade Organization (WTO), to be held in Nairobi on 15-18 December, is already mired in discord, with negotiators unable to agree on a mandated post-Bali work programme. At issue are US and European Union (EU) proposals to scrap the texts agreed to thus...
More »India headed for climatic drought 2nd year on the trot -Sanjeeb Mukherjee
-Business Standard CRISIL Ratings identifies four states and five crops at highest risk to deficient monsoon Within the next 40 days, the southwest monsoon will formally start retracting from the Indian mainland, ending its four-month journey over the country, pounding some parts with excess showers, but could leave almost 30 per cent of the country with deficient or less-than-normal rains, unless there is an abnormal pickup in the coming weeks. That looks highly...
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