Stability in markets will be determined by size of next year's crop The Food and Agriculture Organisation (FAO) has warned about a further increase in global food prices in 2011 if there is no significant increase in production of major food crops. In the latest edition of its “Food Outlook” report, the agency observed that the rise in global prices, all of which was accruing in the second half of 2010, owing...

Food and agriculture minister Sharad Pawar is being praised in some quarters for daring to take a politically incorrect position. In a sharp disagreement with the Sonia Gandhi-led National Advisory Council's (NAC) proposal to supply subsidised food to 75% of the population, Pawar has pointed out two flaws in the proposal: first, that it is unaffordable and second that it is near impossible to procure and store the required food...

Despite an outcry from the garment exporters , the government is keen on allowing excess cotton to be exported from the country before the US cotton hits the international market in January and brings prices down. The inter-ministerial committee on cotton will meet end of the month to look at fresh production figures and will take a call on whether the present export cap of 55 lakh should be lifted. “We just...

Ajit Kumar Singh loves driving his father CP Singh’s brand new Mahindra Xylo on the potholed roads much more used to tractors carrying sugarcane in Ashokpur Tikia village of Gonda district in Uttar Pradesh. “It takes to the road in these interior regions much easily than the humble Alto we had earlier,” says the 20-year-old law student at the local degree college in Gonda, tapping his fingers on the freshly washed...

Global food import bills may pass the $1 trillion mark in 2010, a level not seen since food prices peaked in 2008, says a new United Nations report, which warns that harder times could be ahead without a major increase in food production next year. According to the latest edition of the Food Outlook report, released by the UN Food and Agriculture Organization (FAO), food import bills for the world's poorest...