-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...
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No respite from price rise, food inflation up 9.01%
-The Times of India Notwithstanding the government's projections of a moderation in the rate of price rise of food items, food inflation jumped to a two-month high of 9.01 per cent for the week ended May 28 on the back of costlier fruits, onions and protein-based items. Food inflation, as measured by the Wholesale Price Index (WPI), was 8.06 per cent in the previous week, while it was as high as...
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 »World food prices set to remain high into next year, says UN report
-The United Nations Citing dwindling stocks and only small production increases for the majority of crops, a new United Nations report released today says world food prices are likely to remain high for the rest of this year and into 2012. The biannual Food Outlook published by the UN Food and Agriculture Organization (FAO) states that the next few months will be critical in determining how the major crops will fare...
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...
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