-FAO Direct economic costs of $750 billion annually - Better policies required, and "success stories" need to be scaled up and replicated Rome: The waste of a staggering 1.3 billion tonnes of food per year is not only causing major economic losses but also wreaking significant harm on the natural resources that humanity relies upon to feed itself, says a new FAO report. Food Wastage Footprint: Impacts on Natural Resources is the first...
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Global food prices continue to drop
-FAO Prices of cereals and oils decrease - FAO expects bumper cereal harvest this year Rome: The FAO Food Price Index dropped for the fourth month in a row in August reaching its lowest level since June 2012. The index, which measures the monthly change in the international prices of a basket of food commodities, averaged 201.8 points in August 2013, nearly 4 points (1.9 percent) below its July value and 11 points...
More »The goat and the GDP -Surinder Sud
-The Business Standard Demand for products from the 'poor man's cow' is rising exponentially and should be encouraged. A goat is generally potrayed as a "poor man's cow". But that seems to be an understatement. Compared to cows, goats are more hardy, multi-utility, easy-to-maintain and prolific animals that can efficiently convert low-value vegetation, tree leaves and crop residues into high value meat, milk, hide, manure and fibre, including the much sought-after Pashmina...
More »Food prices fall for third consecutive month–UN agency
-The United Nations Global food prices declined for the third consecutive month, largely driven by lower international prices for grains, soy and palm oil, while sugar, meat and dairy prices were also down, the United Nations Food and Agriculture Organization (FAO) reported today. The Rome-based agency said its Food Price Index averaged 205.9 points in July, which is 4 points below June and 7 points lower than in July 2012. The Index measures...
More »Food subsidy poses fiscal threat, may not help poor: World Bank
-The Times of India NEW DELHI: Prices of globally traded food declined for the third consecutive quarter since their historical peak in August, 2012, a World Bank report has said but cautioned that uncertain weather conditions and domestic policy decisions such as extension food subsidy programmes in India and other countries need a close watch. Prices of all the three main food categories declined between February and June, 2013. Prices of grains...
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