-The Indian Express It's likely that India's crop production this year will be lower compared to 2013-14, given deficient rains both in the southwest (June-September) and northeast (October-December) monsoons impacting kharif as well as rabi plantings. But that by itself needn't be cause for concern. We have seen one-off farm output declines even in 2009-10, 2004-05 and 2002-03, which were also drought years. What should worry us more, instead, is the...
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Food prices fall after three months stable, index declines for third successive year –UN
-The United Nations After three months of stability, the United Nations Food and Agricultural Organization's (fao) Food Price Index declined in December, meaning the index fell over the course of 2014 for the third consecutive year. The 1.7 per cent fall in December, which comes after the index had appeared to bottom out last month, was credited to continued large supplies and record stocks, combined with a strong US dollar and falling...
More »Nothing dirty here: fao kicks off International Year of Soils 2015
-fao Spotlight turns to humanity's silent ally and the risks it faces Rome: Healthy soils are critical for global food production, but we are not paying enough attention to this important "silent ally," fao Director-General José Graziano da Silva said on the eve of World Soil Day, to be celebrated on 5 December. Healthy soils not only are the foundation for food, fuel, fibre and medical products, but also are essential to...
More »Your food is not cheaper yet, but wait a while -Harish Damodaran
-The Indian Express * Have global agri-commodity prices fallen? By how much? They have. The Food and Agricultural Organisation's latest Food Price Index (base: 2002-04 = 100) of 192.3 for October is down 6.9 per cent compared to a year ago, and 19.1% below the all-time high of 237.7 reached in February 2011. Prices of commodities such as corn, wheat, soybean, sugar and palm oil traded in international futures exchanges are today...
More »Agri-commodities show early signs of price rebound -Dilip Kumar Jha
-The Business Standard Wholesale prices of edible oils have risen 40% since Oct 15; pulses and wheat have surged 4.62% and 8.33%, respectively These could still be early signs, but it appears the breather on food inflation that India has been enjoying for some time is going to end. Following a sharp reduction in production estimates, prices of key agricultural commodities have risen over the past three weeks. According to data from the...
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