The world food import bill is estimated to rise to US$1.94 trillion in 2022, higher than previously expected, according to the latest Food Outlook forecast released by the FAO
The continued decline offers some relief to households grappling with a cost-of-living crunch. The index is down for seventh month, its longest slump in 9 years, and food inflation has begun to slow
FAO's cereal price index rose 1.5 per cent month-on-month in September, with wheat prices climbing 2.2 per cent
Though a major producer, lack of infra has meant that country accounts for just 1% of market share, and relies predominantly on neighbours
The exception is energy, which isn't dictated by liquidity conditions, but by decisions of the Opec-plus cartel, where plenty of other factors come into play
Set to sign long-term contracts with Morocco and Latin American countries to ensure steady flow
Food prices will remain elevated in the near term
Net forest area losses have more than halved during the survey period, decreasing from 6.8 million hectares per year in 2000-2010 to 3.1 million hectares per year in 2010-2018
On a year-on-year basis, prices were up 32.9% in August.
The pandemic underscores the need to redefine our relationship with nature
The index ranks states in terms of women holding land rights in percentage points
PM Modi will release a commemorative coin of Rs 75 denomination on Friday on the 75th anniversary of the Food and Agriculture Organisation to mark India's long-standing relations with the UN agency.
The FAO said that spring-bred locust swarms that migrated to Indo-Pakistan border and travelled east to northern states, are expected to return to Rajasthan
Select agri and agri-based commodities like meat, milk and fruits, among others, present export opportunity worth over USD 97 billion (about Rs 6.9 lakh crore) for India, as per data from the Food & Agriculture Organisation. India's export share in agri items such as bananas, oranges, chicken, meat, and milk products like cheese and butter milk is miniscule at present, the data showed. The country's share in the global market for 19 commodities was a miniscule 1.5 per cent, or around USD 1.5 billion (about Rs 10,650 crore), in 2017 against a potential of USD 97 billion, the World Trade Centre said in a statement on Thursday quoting the FAO data released recently. While global market for meat and chicken is a whopping USD 20.6 billion, the country's export share is only 4.04 per cent of this. Similarly, global market for bananas is close to USD 15 billion wherein India's share is a paltry USD 480 million, the statement said. Butter and cow milk provide a USD 8 billion opportunity,
The exports of value-added shrimp from India surged by 130% in 2016 to 23,400 tonnes