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...
More »SEARCH RESULT
Total Matching Records found : 1771
Global Wheat Shortage Feared as Prices Surge by Liam Pleven and Tom Polansek
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,...
More »Signalling a shift to universal PDS by Gargi Parsai
The NAC's recommendations on food security measures take heed of the fact that PDS reform is dependent on the availability of enough foodgrains. Three major elements of the United Progressive Alliance government's commitment to provide food security to the people are reforming the public distribution system (PDS), raising foodgrain productivity and production, and creating a decentralised, modern warehousing system. Ideally, the reforms in the PDS should have come first for the availability...
More »With FCI prices high, small traders don’t buy govt stock by Ravish Tiwari
Even as the issue of price rise takes centrestage in Parliament, the government’s attempt to offload wheat in the open market has found few takers among small traders. The reason: the price of wheat fixed by the Food Corporation of India (FCI) for small traders is higher than the prevailing wholesale prices at major centres across the country. In June, the Empowered Group of Ministers (EGoM) headed by Finance Minister Pranab...
More »More grain for APL beneficiaries by Gargi Parsai
The Centre has decided to enhance the allocation of foodgrains sold to the Above Poverty Line (APL) population to 15 kg per family per month for six months with immediate effect. There will be no enhancement of the Central issue price at which wheat or rice is provided to the APL. The Below Poverty Line (BPL) beneficiaries will continue to get 35 kg of foodgrains per family per month. This decision, taken...
More »
