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FAO sees bigger 2010 grain crops, price pressure by Svetlana Kovalyova

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...

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Global food output to rise to record high: FAO

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...

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Monsoon to dispel clouds over sugar, grain

A good monsoon forecast strengthens prospects for India to cut sugar imports, free up grain exports and buy more gold as rains boost supplies in the world’s leading consumer of most farm commodities. Annual monsoon rains from June to September are key to firing up growth and farm output and limiting inflation in India, which ranks among the world’s top producers and consumers of sugar, wheat, rice and edible oils and...

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Work out a bankable plan by Devinder Sharma

At a time when granaries are overflowing, and stockpiles of food are rotting in the open, India is preparing to bring in a National Food Security Act. Saddled with the world’s largest population of hungry and malnourished, the draft bill certainly provides a ray of hope for the hungry millions. If enacted properly, it can turn appalling hunger into history. But if the intention is to only repackage old wine in...

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Right to Food Campaign activists seek debate on proposed food security Bill by Gargi Parsai

The Right to Food Campaign on Tuesday expressed its disappointment with the “narrow manner'' in which the proposed food security Bill was being formulated and sought a public debate on the subject. They resolved to intensify their efforts to secure a legal right to food and nutrition for all. At a meeting with Union Food and Agriculture Minister Sharad Pawar, a delegation of activists said the proposal to provide 25 kg...

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