-PTI NEW DELHI: Global food prices increased in October after declining for last five months, according to the the UN body Food and Agriculture Organisation (FAO). Last month's small rise in prices was largely driven by a surge in sugar prices, although prices of the other commodity groups were also up, it said in a statement. The FAO price index, which measures monthly price changes for a basket of cereals, oilseeds, dairy, meat...
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Area under wheat sowing has more than doubled so far: Government
-PTI NEW DELHI: Farmers have planted wheat in 15.19 lakh hectares so far in the ongoing rabi (winter) season, more than double the area covered a year earlier, the Agriculture Ministry said today. Wheat was sown in 6.46 lakh hectares in the same period last year, latest government data showed. Sowing of wheat, the main rabi crop, starts at the end of October and harvesting begins in April. "Area under the crop is...
More »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...
More »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...
More »Sugar economy faces crisis in riot-hit UP belt -Anil Sasi and Surbhi Khyati
-The Indian Express Riot-hit Muzaffarnagar may now be looking at a crisis in its sugar economy. With private mills in the state refusing to start crushing until the Uttar Pradesh government clarifies cane prices, harvesting of crop that should have begun by now has not yet started. A key cane-growing district, Muzaffarnagar is reported to have the highest agricultural GDP in UP. With recent incidents again bringing the district to a boil,...
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