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Volatile wheat prices are as much a cause for alarm as are high prices

FEW rural pleasures match seeing a golden field of grain, rustling and ripe for reaping. But the harvest season in the northern hemisphere is being marked by turmoil on global wheat markets. A big reason is to be found in one of the world’s largest wheat exporters, Russia. Hit by fires and drought which have wiped out a third of the grain crop, the authorities there have banned exports, first temporarily...

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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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Sonia’s sentiments sway Land Acquisition Bill by Devesh Kumar

With Congress president Sonia Gandhi seeking annuity benefits for displaced farmers who surrender their land, the Centre has begun tweaking the resettlement and rehabilitation bill. Ms Gandhi had, on Thursday, said justifiable compensation — on the lines of the Haryana package — be provided to farmers. Senior officials told ET that the Land Acquisition (Amendment) Bill and the accompanying legislation on resettlement and rehabilitation were ready, and rechristened as the...

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In new Bill, Govt looks at annuity for farmers as in Haryana and UP by Swaraj Thapa

The government is ready with a revised Land Acquisition (Amendment) Bill 2010 that has kept the interest of farmers and landowners in mind, officials today asserted in the backdrop of Rahul and Sonia Gandhi’s strong pitch favouring a pro-farmer policy on the contentious issue. Officials in the Rural Development Ministry today hinted that the revised Bill may contain provisions that will allow for better and adequate compensation for those whose land...

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Diverse water sources key to food security

Increasingly erratic rainfall patterns related to climate change pose a major threat to food security and economic growth, water experts have said, arguing for greater investment in water storage. In a report by the International Water Management Institute (IWMI), experts said Africa and Asia were likely to be hardest hit by unpredictable rainfall, and urged policymakers and farmers to try to find ways of diversifying sources of water. The IWMI...

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