-The Indian Express Kolkata: The humble potato comes a poor second to pricey onion in State matters. But that was before Mamata Banerjee wielded the knife. Over the past couple of days, the West Bengal Police, directed by the Chief Minister, has seized thousands of trucks carrying potatoes to neighbouring states such as Orissa, Jharkhand and Bihar. Mamata's provocation was the rise in the price of the vegetable back home. However, while...
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Panic buying: Salt sells at Rs 60 a kg in Odisha
-PTI BHUBANESWAR/JAJPUR (ODISHA): People in various parts of Odisha started panic buying of salt on Monday following a rumour that it would disappear from the market, like potato, stretching the price even to Rs 60 a kg. Hit hard by the ongoing potato pinch for the last several days, people made a beeline to grocery shops to buy as much salt as they could, thus leading to mad scenes in the...
More »Global food prices rise in October after falling for 5 months
-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...
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 »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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