FAO forecast of generally tight situation for most crops and commodities over next 18 months. Consumers are unlikely to get relief from high food prices till December 2012, despite a modest increase in global foodgrain production. High and volatile agricultural commodity prices are likely to prevail for the rest of this year and into 2012, says a report of the Food and Agriculture Organisation of the United Nations. The next few months...
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World food price situation to remain tense in 2011: FAO
-PTI High volatility and price swings in food commodities are likely to prevail for the rest of this year and could continue into 2012, UN body Food and Agriculture Organisation today said. “High and volatile agricultural commodity prices are likely to prevail for the rest of this year and into 2012,” Food and Agriculture Organisation said in a statement. The next few months will be critical in determining how the major crops...
More »World grain output to rise on more planting & better yields
-Reuters World cereals output is expected to rise to a new record in 2011 due to more planting and improved yields but low stocks are set to keep prices high, the United Nations’ food agency said. Global cereals output is expected to rise 3.5% to 2.315 billion tonne this year, recovering after a 1% fall in 2010, the UN’s Food and Agriculture Organisation (FAO) said on Tuesday in its first estimate...
More »World food prices set to remain high-FAO
High and volatile agricultural commodity prices are likely to prevail for the rest of this year and into 2012 according to the latest analysis published today in FAO's biannual Food Outlook. The report cites a sharp rundown on inventories and only modest overall production increases for the majority of crops as reasons for continuing strong prices. The next few months will be critical in determining how the major crops will fare this...
More »Meet Ramdev, the landlord by Man Mohan
Yoga guru Baba Ramdev currently hitting headlines for his crusade against corruption and billions of dollars Indian black money stashed in Swiss and tax heaven banks is a “big landlord”. The 47-year-old “Bal Brahmchari” Ramdev, who was born as Ramkrishna Yadav in Alipur village, district Mahendragarh (Haryana), ‘owns’ huge tracts of land, that includes 261.468 hectares (644 acres) , worth hundreds of crores at the current market rate, around his yoga...
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