Record high food prices are putting added pressure on the United Nations agency that helps feed nearly 100 million of the world’s poorest people, with officials warning of a potential “perfect storm” combination of soaring costs, weather emergencies and political instability. “We are on red alert and we are continually assessing needs and reassessing plans and stand ready to assist,” UN World Food Programme (WFP) Executive Director Josette Sheeran told the...

The government today reviewed the prices and availability of sugar in domestic market in the backdrop of strong industry demand for allowing exports. An empowered group of ministers (EGoM) on food, headed by Finance Minister Pranab Mukherjee, however, did not take any decision in this regard due to the absence of three key ministers -- Agriculture Minister Sharad Pawar , Commerce Minister Anand Sharma and Food Minister K V Thomas. "Sugar was...

Rising food prices pushed tens of millions of people into extreme poverty last year and are reaching "dangerous levels" in some countries, World Bank President Robert Zoellick said Tuesday as he released new data showing that the cost of grain and other staples is near a historic high. The costs of some key commodities such as wheat have doubled in the past year, and a World Bank index of overall food...

The United Nations Food and Agriculture Organization (FAO) has initiated a programme to improve global information on greenhouse gas emissions from agriculture and accurately assess farming’s potential to mitigate global warming. The improved data acquired by the FAO Mitigation of Climate Change in Agriculture (MICCA) programme, which will receive $5 million in funding from Germany and Norway, will be made available via an online global knowledge base that will profile greenhouse...

Abundant reserves, says Beijing $1.96-billion relief effort under way China on Tuesday said a record drought across its major wheat-producing provinces would not impact global food prices, with the country expected to meet its demand from “abundant reserves.” “China is self-reliant on food,” Foreign Ministry spokesperson Ma Zhaoxu told a regular press briefing. He was responding to a question on global concerns triggered last week after the United Nations Food and Agriculture Organisation...