-IANS Panaji: Factors as innocuous as the humble grain-carrying sack to the mighty El Nino could have a varying impact on grain production and delivery this year, experts suggest. Detailed presentations made at a recently-concluded 'Global Grain and Feed Forum' conference in Goa suggest that the occurrence of the El Nino phenomenon in June could to some extent rob India of its monsoon, but also note that poor quality sacks are also...

-The Business Standard   Seize the chance to improve the food security Act Now that the National Food Security Act is set to be amended to give states more time to implement the legislation, several of its flaws should be re-examined and the Act suitably amended. The immediate need for an amendment arose because the deadline of a year for its enforcement in all states (that is, by July 5, 2014) was, oddly,...

-The United Nations   The United Nations Food and Agriculture Organization (FAO) reported today that global food prices were down for the second straight month in May and that the outlook for worldwide cereal supply has improved considerably since last month. FAO's Food Price Index continued its decline from the 10-month high it experienced in March, the agency said in a news release, noting that prices fell as generally ample supplies weighed on...

-Live Mint   A key reason for the surge in anti-incumbency faced by UPA has been its failure to curb inflationary pressures New Delhi: A key reason for the surge in anti-incumbency faced by the Congress-led United Progressive Alliance (UPA) has been its failure to curb inflationary pressures for most of the regime's second tenure. While inflation based on wholesale prices averaged 6.1% during UPA-1 (2004-2009), it was a percentage point higher at 7.1%...

-The Hindu Business Line Given the analytical output, it will become easier for governments to take decisions Global country risks, weather uncertainty, crop failure, lack of hedging instruments, increased capital costs, lack of insurance mechanisms and logistical bottlenecks are just a few of the issues that lead to volatility in prices of agricultural commodities. This volatility, combined with a steady increase in demand for food around the world, has forced us to accept...