-Frontline A recession-hit world is only just waking up to the prospect of the coming food crisis resulting in a period of political turmoil with unexpected consequences. For the third time in five years, the world is braced for another food crisis. Bad weather conditions are leading to projections of major production shortfalls in some of the world’s leading food suppliers. Substantially reduced access and sharp price increases are, therefore, expected to...
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Superweeds, superpests and superprofits by Vandana Shiva
New research from Navdanya and from the US Union of Concerned Scientists proves that Bt cotton yields are actually a third of what Monsanto claims. Genetic engineering is not going to help feed the world, writes Vandana Shiva, but it is going to harm public health and ecosystems We have been repeatedly told that genetically engineered (GE) crops will save the world. They will save the world by increasing yields and...
More »Global food inflation to return after brief respite
-Reuters Red-hot food inflation that has vexed policy makers around the world seemed to take a breather last month, when corn and wheat prices tumbled on reports that crop shortages were easing. The sell-off was also driven by global economic worries that prompted funds to exit grains in droves. But prices are climbing again, and have already made up half of June's losses. The sell-off masked an unnerving reality: The world remains...
More »Cotton output may rise to 40 mn bales in '11-12
Cotton production is expected to be 6.8 million tonnes (40 million bales of 170 kg each) in 2011-12 as soaring prices could spur the farmers to boost planting, according to a report. Cotton production stood at 33.9 million bales in 2010-11 crop year (July-June), as per the government's second advance estimate released in February. "The market expects the cotton output to reach a new high of 6.8 million tonnes (4 crore bales)...
More »India wheat, non-basmati rice export ban may continue: USDA
India is unlikely to lift ban on export of wheat and non-basmati rice in the wake of high food inflation and food security concerns, the US Department of Agriculture (USDA) has said in its latest report. India had suspended wheat exports in early 2007 and non basmati rice in 2008 due to high inflation in the country. "The government of India may continue to ban exports of wheat and non-basmati rice due...
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