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Global food prices drop by 4.0% in May: UN food agency

-Reuters World food prices dropped in May for a second month in a row, hit by steep falls in dairy products, sugar and other commodities, and are likely to fall further in the coming months, the United Nations' Food and Agriculture Organisation (FAO) said on Thursday. Food prices grabbed attention of the world leaders after their spike to record highs in February 2011 helped fuel the protests known as the Arab Spring...

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Global food prices down on record high production: FAO

-The Business Standard   The FAO Food Price Index fell by 4% in May Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today. The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4%...

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Asia-Pacific consuming more resources that ecosystem can sustain: Report-Surojit Gupta

-The Times of India Asia and the Pacific is consuming more resources than its ecosystems can sustain, threatening the future of the region's beleaguered forests, rivers, and oceans as well as the livelihoods of those who depend on them, says a new joint report by the Asian Development Bank ( ADB) and WWF. The joint ADB-WWF study, Ecological Footprint and Investment in Natural Capital in Asia and the Pacific, focuses on ways...

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Monsoon round the corner, no need for gloom says IMD

Parts of Kerala have been receiving rains since this morning. Weather watchers attribute the slight delay in the onset of monsoon to Typhoon Mawar which was active in a western Pacific Ocean off the Philippines South-west monsoon, the key to the agriculture driven trillion-dollar Indian economy, is on course and is expected to drench Kerala by Wednesday thereby bringing much-needed relief to farmers, reports PTI. “Monsoon is round the corner. Parts of...

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Monsoon hits Kerala, may progress further

-PTI South-west monsoon, the key to the agriculture driven trillion-dollar Indian economy, on Tuesday brought showers to Kerala bringing much-needed relief to farmers. "Monsoon has reached Kerala," a top meteorological department official said. Kerala usually receives monsoon showers by June 1, but scientists said there was no need to paint a gloomy picture as the progress of the seasonal rainfall phenomenon was well with the forecast limits which have a model error of...

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