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Food prices expected to be less volatile than in recent years, says UN agency

-The United Nations Improved supplies and a recovery in global inventories of cereals has led to less price volatility than in recent years, the United Nations Food and Agriculture Organization (FAO) said today, adding that food prices over the past month rose slightly, driven by higher sugar prices. "The prices for most basic food commodities have declined over the past few months. This relates to production increases and the expectation that in...

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FAO expects more balanced food markets, less price volatility

-FAO Rome: Food commodity markets are becoming more balanced and less price volatile than in recent years thanks to improved supplies and a recovery in global inventories of cereals, according to FAO's Food Outlook report published today. "The prices for most basic food commodities have declined over the past few months. This relates to production increases and the expectation that in the current season, we will have more abundant supplies, more export...

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Many strides in food security-MS Swaminathan

-The Hindu The foundational work done in the 1960s has made it possible for India to make access to food a legal right. But more needs to be done to sustain the progress. This is one of the most significant years in India's agricultural and national history. At Independence in 1947, we were suffering from acute food shortages that led to the introduction of food rationing. Later, we started depending on imported...

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Pakistan to Seek Thailand, Vietnam Support Against India’s Food Security Law at WTO

-Oryza.com Pakistan will not allow India to get an approval of World Trade Organization (WTO) members for its Food Security Law which the Pakistan government claims is market distorting. According to local sources, the Pakistan government is seeking support of other Rice exporters, Thailand and Vietnam, to prevent India from getting a legal subsidy on Rice exports in the next WTO meeting to be held in December 2013. According to local sources,...

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A pound of flesh to feed the poor-Arun Mohan Sukumar

-The Hindu     Realising that New Delhi needs to clear its food security legislation at the WTO in time for the election, the West has sought increased market access in return for temporary relief A few months ago, the most optimistic observers of international politics were not willing to hedge their bets on the Doha Development Round at the World Trade Organisation. The Doha Round negotiations have been stalled for more than a...

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