EVERY OTHER day there is either a newspaper report or an editorial comment lamenting the loss of food grain stored in buffer stocks. Agriculture Minister Sharad Pawar, while prophesying a bumper kharif crop, admits he is worried about not having adequate storage for the produce. At a national conference in 2003, the Central Warehousing Corporation said it had covered storage capacity for 48 million tonnes of food grain. In 2002,...

The United Nations Food and Agriculture Organization (FAO) has cut its global wheat production forecast for 2010 due to the impact of poor weather on crops in recent weeks, but allayed fears of a new food crisis, noting that current stocks should be adequate. The global wheat production forecast is now expected to be 651 million tonnes, down from the 676 million tonnes reported in June, the Rome-based agency said in...

The United Nations warned Wednesday that a food shortage could threaten the lives of thousands of people trapped in floodwater in northwestern Pakistan as six U.S. army helicopters joined the relief effort. A U.S. embassy spokesman said four CH-47 Chinook and two UH-60 Blackhawk utility helicopters arrived in Pakistan Wednesday as part of the U.S. government's continued assistance to Pakistan for humanitarian-relief operations. Bad weather and fresh rain hampered helicopter flights, which...

Wheat prices have staged the most drastic rise in more than 50 years, as a drought in Russia fuels growing worries that it could lead to a global shortage of the grain. Harsh heat and a lack of rain in Russia have killed half of the crop in some hard-hit areas. The slump in production in one of the world's most fertile breadbaskets has pushed prices up 62% since early June,...

Continuing with the “well-entrenched trend of corruption and mismanagement” in foodgrain procurement and storage, the food bowl of India- Punjab - this year, too, procured wheat that was highly substandard and damaged. This has been admitted by none other than Agriculture Minister Sharad Pawar, who recently said in Parliament that as many as 244 bags of wheat procured by Punjab State Civil Supplies Corporation (PUNSUP) on behalf of the Food Corporation...