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World food prices remain steady during August, UN agency reports

-The United Nations   World food prices remained virtually unchanged during the month of August, with only slight increases observed in the prices of cereals and meat, the United Nations Food and Agriculture Organization (FAO) reported today. FAO’s monthly Food Price Index averaged 231 points in August compared to 232 points in July, the Rome-based agency stated in a news release. It was 26 per cent higher than in August 2010 but seven points...

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The PDS in Rural Orissa: Against the Grain? by Ankita Aggarwal

A report from a sample survey of the functioning of the public distribution system in 12 villages in two districts in Orissa, a state usually associated with a poor PDS. While there are errors in exclusion and inclusion of households covered, there has been a vast improvement in operation of the PDS; below the poverty line households seem to be receiving their entitlements. The households also express a strong preference...

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High food prices exacerbate crisis in drought-affected Horn of Africa–UN

-The United Nations   The prices of grain and milk in the drought-hit Djibouti, Ethiopia, Kenya and Somalia have risen to record highs, exacerbating hardship for the estimated 12.4 million people in the region who are facing severe food shortages and famine in some parts of Somalia, the United Nations reported today. According to the August food price monitor of the UN Food and Agriculture Organization (FAO), the high prices of cereals...

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Differences persist in govt over Food Bill impact on open market prices by Prabha Jagannathan

Sharp differences persist in the government over whether and how much of an impact the impending food law is likely to have on open market food prices. At a time when input costs for farmers have already gone up significantly and threaten volatility in food prices, the food ministry has dismissed apprehensions voiced by Commission for Agricultural Costs and Prices ( CACP) chairman Ashok Gulati on the issue. Last week,...

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Give food some thought by Surinder Sud

Reforms in the supply-chain system can help India tackle the demand-supply mismatch in essential food items Food inflation may have dropped to single digit but since that fall is set against last year’s elevated double-digit base, it continues to hurt the poor — 65 per cent of their disposable income goes towards food. The government often defends its failure to tame inflation by arguing that it has no magic wand to...

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