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Global cereal production set to increase by eight per cent this year –UN food agency

-The United Nations The global supply of cereal this year will surpass the 2012 level by nearly eight per cent, the United Nations food agency reported today, as it also announced a drop in global food prices for the fifth consecutive month. In its Crop Prospects and Food Situation report, the Food and Agriculture Organization (FAO) said the increase is mainly the result of an 11 per cent anticipated expansion in coarse...

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Punjab smells profit in basmati -Gurpreet Singh Nibber

-The Hindustan Times   Chandigarh: Punjab expects profitable basmati crop this kharif season. The price of Indian basmati already has touched $136 (`8,500) a quintal in the international market, lifting the rate in the state as well. In just 15 days into the harvest season, premium basmati is being lifted for `3,500 a quintal. Last year, the price was about `2,200. Basmati exporters have, so far, bought about 1-lakh tonnes of the product in...

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Middle class poised to play greater role in 2014 elections: Zoya Hassan

-The Hindustan Times In recent years, there has been a constant stream of international attention given to the Indian middle class. Thanks to the expansion of this class, India's image has dramatically changed since the 1990s. Instead of the narrative about grinding poverty, India is now seen as the heart of new capitalism that is associated with high rates of growth as well as the consumerist elite and middle classes. The...

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Health food for rupee 1-Sreelatha Menon

-The Business Standard The food security Act's provision for millets to every household is a magic bullet to attack malnutrition The food security Act has sought to address a nutritional imbalance in the public distribution system (PDS). The Act, by providing for a kg of millet per person at Rs 1/kg, would be a big step towards filling a wide gap in nutrition caused by the popularisation of cereals at the cost of...

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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...

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