World cereals output is expected to rise this year to near-record highs, swelling overall supplies and putting pressure on already weakened prices, the UN’s food agency said on Thursday. The global wheat output is forecast to fall for the third consecutive year, but at 676.5 million tonnes it would still be close to 2008 record levels, the Food and Agriculture Organization (FAO) said, raising its earlier forecast for 2010. Overall cereals output...

The European Union is to radically overhaul its approval system for genetically modified (GM) crops from next month, opening the way to large-scale GM cultivation in Europe, EU sources said on Friday. With most Europeans showing no appetite for GM produce in food, EU politicians have approved just two varieties for growing in 12 years, compared with more than 150 worldwide. Under proposals due to be adopted on 13 July,...

India's anxiety over erratic monsoon rains will become more acute as rising incomes and a growing population push up demand for farmed produce faster than supply, turning the nation into a major importer within 5 years. Forecasts of a normal monsoon this year have stirred hopes for smooth supplies and low inflation, reversing setbacks from last year's poor rains. But the country must boost yields if it is to feed...

World cereal output is expected to rise this year to near-record highs, swelling overall supplies and putting pressure on already weakened prices, the Food and Agriculture Organisation (FAO) said on Thursday. The global wheat output is expected to fall for the third consecutive year, but at 676.5 million tonnes, it would still be close to record levels, the UN’s food agency said, revising its earlier forecast for 2010. Overall cereal output is...

Stung by last year’s worst drought in decade that trimmed foodgrain production by more than 15 million tonne, the agriculture ministry asked all its top bureaucrats to visit different states and spend more time in the field this year to ensure timely supply of inputs to farmers and prevent a repetition of last year if monsoon become uncertain. The move is also meant to effectively monitor the sowing process and...