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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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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...

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Safety in food security -VR Krishna Iyer

-The Hindu     While making grain available to all is important, it is equally essential to ensure that all food supplied for consumption remains unadulterated and uncontaminated. When India became independent, the Constitution declared it to be a socialist, secular, democratic Republic. The first fundamental right under the Constitution sets down that every citizen has a right to life. This has been interpreted by the highest court as every citizen's right to a...

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The row over GM crops

-The Business Standard Bt brinjal in Bangladesh calls for a policy review by India With Bangladesh approving commercial farming of Bt brinjal - a genetically modified (GM) crop developed using technology that evolved originally in India - the moratorium put on tests of a similar gene-altered version of this vegetable by New Delhi is likely to give rise to fresh complications. Given the highly porous border between the two countries, ingress of...

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After vegetables, rice to get pricier with floods, drought -Sutanuka Ghosal

-The Economic Times A decline in paddy production in eastern states and Andhra Pradesh has triggered speculation of a lower rice output this year, stoking a 10-30% spike in prices at a time when high Vegetable prices have pushed inflation to a seven-month high. Floods and incessant rains in major rice producing states such as West Bengal, Odisha, Bihar and Andhra Pradesh during the harvesting period have affected the paddy crop. Talking to...

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