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Wheat rises, food shares fall on Russia export ban

Wheat prices surged to a two-year high while shares in European brewers and food producers fell on Friday as markets reacted to the sudden imposition of a ban on grain exports from drought-hit Russia. Russian Prime Minister Vladimir Putin moved decisively on Thursday to halt exports of grain and flour from August 15 to the end of the year and the country’s railroad monopoly said on Friday it will stop loading...

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Can Organic Farming "Feed the World"? by Christos Vasilikiotis

The legacy of Industrial Agriculture With the world population passing the 6 billion mark last October, the debate over our ability to sustain a fast growing population is heating up. Biotechnology advocates in particular are becoming very vocal in their claim that there is no alternative to using genetically modified crops in agriculture if "we want to feed the world". Actually, that quote might be true. It depends what they mean...

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World Bank highlights African land grab by Katie Allen

Draft report claims investor interest is focussed on countries with weak land governance. A leaked World Bank report into investors from rich nations buying up African farmland has intensified campaigners' fears that the growing trend is marginalising local producers. After a spate of investments in African land by sovereign wealth funds looking for gains on rising commodity prices and by countries such as China worried about their own food security, the World...

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Unique ID pilot project in a week

Nandan Nilekani-headed Unique Identification Authority of India’s (UIDAI) plan to pay rural job scheme wages by putting to use the unique ID number will have its pilot run in five blocks of Jharkhand within a week. At a meeting today chaired by chief secretary A.K. Singh and attended by UIDAI director-general Ram Sevak Sharma, around a dozen blocks were discussed. It was then decided to choose five of these blocks in...

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Detracting from entitlements by Brinda Karat

The National Advisory Council's proposals on the Food Security Bill represent a bad deal for the poor. The struggle for an effective and equitable Food Security Bill (FSB) has received a setback with the disappointing proposals put forward by the National Advisory Council. There is a disturbing disjuncture between what is being claimed and the actual implications of the proposals. Indeed it may be said that the NAC proposals create new...

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