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The backlash begins against the world landgrab by Ambrose Evans-Pritchard

The neo-colonial rush for global farmland has gone exponential since the food scare of 2007-2008. Last week's long-delayed report by the World Bank suggests that purchases in developing countries rose to 45m hectares in 2009, a ten-fold jump from levels of the last decade. Two thirds have been in Africa, where institutions offer weak defence. As is by now well-known, sovereign wealth funds from the Mid-East, as well as state-entities from China,...

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Russian drought could push up food prices by Richard Wray

Russia is the world's second largest producer of barley after the EU and the cereal crop is used by many farmers as animal feed. Shoppers could see the cost of the meat and poultry in their baskets rise as the price of barley has more than doubled over the past six weeks due to continued fears over the drought affecting Russia and Ukraine. Russia is the world's second largest producer of barley...

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For monsoon, farmers hopes still Met by age-old wisdom by V Yogasri Poorna

SUKHRAM Gopal, a farmer from Bagli village in Devas district in Madhya Pradesh, relies on gut feel and tradition to be doubly sure that the rains will bless him with a bountiful harvest. On the day of the Gangaur festival, which typically falls in March-April and is a celebration of the monsoon and harvesting, Gopal starts sowing wheat. “Nine days later, if the seeds grow in a uniform manner, we...

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Govt raises monsoon forecast by Ruchira Singh and Mayank Bhardwaj

India’s annual monsoon rains, key to farm output and economic growth, are expected to be better than previously forecast, raising prospects of good harvests and possibly helping to cool double digit food inflation. The monsoon rains, which deliver 75-90% of the country’s rainfall, were expected at 102% of the long-term average, government officials said on Friday, raising an earlier forecast of 98%. Bountiful rains despite slow progress of the June-September monsoon will...

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Monsoon to dispel clouds over sugar, grain

A good monsoon forecast strengthens prospects for India to cut sugar imports, free up grain exports and buy more gold as rains boost supplies in the world’s leading consumer of most farm commodities. Annual monsoon rains from June to September are key to firing up growth and farm output and limiting inflation in India, which ranks among the world’s top producers and consumers of sugar, wheat, rice and edible oils and...

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