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Rising demand may push up grain prices despite high output by Dilip Kumar Jha

Global foodgrain prices are likely to remain high in the coming months despite high output estimates this season. Bad weather in Brazil and Russia and rising global demand have made the grain market sensitive. The assessment of the damage due to dry weather in Russia, Western Australia and South America and floods in India, China and Pakistan is yet to be done. This is offering grain traders speculative opportunity on futures...

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Putting the smallest first

VISHAL, the son of a farm labourer in the west Indian state of Maharashtra, is almost four. He should weigh around 16kg (35lb). But scooping him up from the floor costs his nursery teacher, a frail woman in a faded sari, little effort. She slips Vishal’s scrawny legs through two holes cut in the corners of a cloth sack, which she hooks to a weighing scale. The needle stops at...

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Hope floats in great flood by Pankaj Jaiswal

Bhaggu, 65, says he can trace his memory back to when he was five. And he remembers the paradox that’s taunted him since: Of his village — Sohras, in northern Uttar Pradesh — being flooded every year and him having no water to drink. “They (government) distribute food, tarpaulin, kerosene, matchboxes but never made any arrangement for water,” says Bhaggu, a farm worker who goes by one name. “I think no...

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Keynes-Hayek dilemma by KP Prabhakaran Nair

With more than 400 million Indians going to bed hungry each day, food security has become a crucial issue. On June 4 last year, the president made an announcement: “My government proposes to enact a new law — the National Food Security Act — that will provide statutory basis for a framework which assures food security for all. Every family below the poverty line in rural as well as urban...

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Price Spikes Raise Spectre of Another Food Crisis by Matthew O Berger

While global food prices declined for the first half of this year, they have spiked in recent months, according to a new World Bank publication, and this volatility could in turn push up the local food prices of the world's poorest and most malnourished countries. The Bank's grain price index had declined by 16 percent over the first six months of 2010 before rising that same amount between mid-June and August....

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