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Many treaties to save the earth, but where's the will to implement them?-John Vidal

-The Guardian  Governments spend years negotiating environmental agreements, but then willfully ignore them – it's a dismal record It's global agreement time again. In two weeks, 120 world leaders and 190-odd countries will go to the Rio+20 Earth summit and – unless the talks collapse – sign up to new international goals, pledges, targets, protocols and treaties, and promise to commit to sustainable development, protect the earth and use resources more wisely....

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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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Slight delay in monsoon onset won’t impact farm prospects: Farm secy-Banikinkar Pattanayak

A delay in the onset of monsoon by 3-4 days over the Kerala coast won’t jeopardise India’s farm prospects in the crop year starting June 1 as sowing usually picks up with the arrival of the seasonal showers, according to outgoing agriculture secretary P K Basu. In an interview, Basu told FE that the rainfall in June, however, holds the key. ‘‘If there are scanty showers in June, sowing may be...

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Why FCI doesn’t buy grain futures-Ruchira Singh

Lack of knowledge, fear of political criticism are some of the reasons that are stopping FCI, according to experts What is stopping Food Corp. of India Ltd (FCI) from selling its ample wheat stocks in the open market and buying futures contracts to meet its distribution commitments in the months ahead? Or, for that matter, what is keeping the food procurement agency from selling grain futures internationally, knowing that a bumper crop...

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