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Government imposes 20% export duty on parboiled rice with immediate effect  Just days after assuring that there are no plans to restrict export of non-Basmati parboiled rice, the Centre late on Friday imposed 20 per cent export duty on par-boiled rice with immediate effect. The decision was taken to curb the rising prices of rice, and it comes at a time when food inflation for July had skyrocketed to 11 per cent, pushing the retail inflation for the month to 7.44 per cent. The decision to impose a 20 per cent export duty on parboiled rice will make purcha...
Government imposes 20% export duty on parboiled rice with immediate effect
Government imposes 20% export duty on parboiled rice with immediate effect
Source: IANS
26/08/2023 6:11:50 PM
Global rice price index at highest since 2011 after India restricts exports The UN's Food and Agriculture Organization's (FAO) All Rice Price Index increased by 2.8 prcent on the month and 19.7 percent on the year to reach its highest nominal level since September 2011, as India’s 20 July prohibition of non-parboiled Indica exports fostered expectations of greater sales in other origins, amplifying upward pressure already exerted on prices by seasonally tighter supplies and Asian purchases. This upward pressure of rice prices “raises substantia...
Global rice price index at highest since 2011 after India restricts exports
Global rice price index at highest since 2011 after India restricts exports
Source: IANS
5/08/2023 1:03:02 PM
World rice price index jumps to near 12-year high in July -FAO The United Nations food agency's rice price index rose 2.8% in July from a month ago to their highest level in nearly 12 years as prices in key exporting countries jumped on strong demand and India's move to curb the exports, the agency said on Friday. The Food and Agriculture Organization's (FAO) All Rice Price Index, which tracks prices in key exporting countries, averaged 129.7 points in July against 126.2 points for the previous month, the agency said. The July score was...
World rice price index jumps to near 12-year high in July -FAO
World rice price index jumps to near 12-year high in July -FAO
Source: Reuters
4/08/2023 7:20:03 PM
FAO reiterates commitment to accelerate pace of transforming agrifood systems The UN Food Systems Summit +2 Stocktaking Moment (UNFSS+2) closed here at the Food and Agriculture Organization of the United Nations (FAO) after three days of high-level events, meetings and dialogues bringing together over 2,000 participants from 180 countries, including over 20 heads of state and government and 125 ministers, to explore challenges and opportunities to transform agrifood systems. "I hope this Stocktaking Moment has provided a holistic window to see where we stand, w...
FAO reiterates commitment to accelerate pace of transforming agrifood systems
FAO reiterates commitment to accelerate pace of transforming agrifood systems
Source: IANS
27/07/2023 9:20:56 AM
World food prices continue to fall in June: FAO The world Food Price Index of the UN's Food and Agriculture Organization (FAO) continued to fall in June, with the downward trend being driven by a drop in the prices of sugar, vegetable oils, cereals and dairy products, the Rome-based organisation said. The index, which tracks the most globally-traded food commodities, averaged 122.3 points in June, and it is now 23.4 per cent below an all-time peak reached in March 2022, reports Xinhua news agency citing the FAO as saying. In June...
World food prices continue to fall in June: FAO
World food prices continue to fall in June: FAO
Source: IANS
8/07/2023 11:46:43 AM
World food prices rise for first time in a year- FAO The United Nations food agency's world price index rose in April for the first time is a year, but is still some 20% up on a record high hit in March 2022 following Russia's invasion of Ukraine. The Food and Agriculture Organization's (FAO) price index, which tracks the most globally traded food commodities, averaged 127.2 points last month against 126.5 for March, the agency said on Friday. The March reading was originally given as 126.9. The Rome-based agency said the Apri...
World food prices rise for first time in a year- FAO
World food prices rise for first time in a year- FAO
Source: Reuters
5/05/2023 2:43:49 PM
Empowering women in food and agriculture untapped source of growth: FAO  Improving access to knowledge and resources for women working in the food and agriculture sectors can boost global growth and contribute to feeding millions, according to a new report released by the UN Food and Agriculture Organisation (FAO). Entitled the "Status of Women in Agrifood Systems", the report released on Thursday says that gender inequalities like less pay and limited access to education for women account for a 24 per cent gap in productivity between women and ...
Empowering women in food and agriculture untapped source of growth: FAO
Empowering women in food and agriculture untapped source of growth: FAO
Source: IANS
14/04/2023 12:46:24 PM
Global food prices decline for 12th consecutive month: FAO Global food prices have declined for the 12th consecutive month in March, the Food and Agriculture Organization (FAO) said, adding that it was the first time the index has fallen for a full year. FAO's broad Food Price Index slipped 2.1 per cent in March, and it is now down 20.5 per cent since reaching its all-time peak a year ago after a big surge following the Russia-Ukraine war, reports Xinhua news agency citing the Rome-based UN body as saying on Friday. Grains and cereals, the ...
Global food prices decline for 12th consecutive month: FAO
Global food prices decline for 12th consecutive month: FAO
Source: IANS
8/04/2023 10:08:46 AM
FAO publishes global indicators on cost of healthy diet New data released by the UN Food and Agriculture Organization (FAO) has revealed that while billions of people around the world cannot afford a healthy diet, the cost of such a diet varies significantly between regions. The Rome-based FAO based its findings on research carried out by the World Bank and US-based Tufts University, as well as its own internal analyses, reports Xinhua news agency. In a statement, FAO said the report "serves as a reminder that even if the world has made...
FAO publishes global indicators on cost of healthy diet
FAO publishes global indicators on cost of healthy diet
Source: IANS
2/03/2023 3:05:46 PM
World food prices decline for 10th month running in January, says FAO ROME  - World food prices fell in January for a 10th consecutive month, and are now down some 18% from a record high hit last March following Russia's invasion of Ukraine, the United Nations food agency said on Friday. The Food and Agriculture Organization's (FAO) price index, which tracks the most globally traded food commodities, averaged 131.2 points last month against 132.2 for December. It was the lowest reading since September 2021. The December figure was revised dow...
World food prices decline for 10th month running in January, says FAO
World food prices decline for 10th month running in January, says FAO
Source: Reuters
3/02/2023 3:18:19 PM
Indian delegation visits Nigeria for taking collaboration on millets to next stage With an aim to take collaboration and cooperation on Millets to the next stage, a high-level Indian delegation of the Ministry of Agriculture and Farmers Welfare arrived in Abuja, the capital of Nigeria on Thursday. In a departure statement to Nigeria for a four-day "Millet-Specific Visit" from 26-29, Additional Secretary, Ministry of Agriculture, Abhilaksh Likhi said it comes in the wake of India kick-starting the International Year of Millets (IYM) 2023 on the very first day of...
Indian delegation visits Nigeria for taking collaboration on millets to next stage
Indian delegation visits Nigeria for taking collaboration on millets to next stage
Source: IANS
26/01/2023 5:20:16 PM
World food prices fall slightly in November: FAO Increased stability in grain exports from Russia and Ukraine sent global prices for grains and cereals lower in November, the Rome-based Food and Agriculture Organization (FAO) said. The broader FAO Food Price Index was flat compared to a month earlier, remaining near record highs, Xinhua news agency quoted the UN body as saying on Friday. The Organization said that Russia's rejoining of the Black Sea Grain Initiative was a driving force in November, pushing global prices for wheat ...
World food prices fall slightly in November: FAO
World food prices fall slightly in November: FAO
Source: IANS
4/12/2022 9:46:47 AM
Indian government lays out action plan to promote millet export India is going all out to celebrate 2023 as the International Year of Millets as declared by the United Nations General Assembly. To promote shipment of nutri-cereals, the India's Commerce and Industry Ministry, through its apex agricultural export promotion body, Agricultural and Processed Food Products Export Development Authority (APEDA), has prepared a comprehensive strategy to promote Indian millets exports across the globe, commencing December 2022. For exports of Indian mille...
Indian government lays out action plan to promote millet export
Indian government lays out action plan to promote millet export
Source: IANS
13/11/2022 1:41:00 PM
Food volume down in low-income countries as global import rises: FAO The global bill for food imports is estimated to come in at $1.94 trillion this year, according to the UN's Rome-based Food and Agriculture Organization (FAO). The figure is the highest ever recorded for this data point, and around 10 per cent higher than in 2021, Xinhua news agency quoted FAO as saying on Friday. However, despite the dramatic rise in the global food import bill, the Organization said the rate of increase is likely to slow down going forward. This is due to risin...
Food volume down in low-income countries as global import rises: FAO
Food volume down in low-income countries as global import rises: FAO
Source: IANS
12/11/2022 12:39:40 PM
Analysis-India rice export curbs to end a decade of price stability India's recent curbs on rice exports could trigger a rally in global prices after more than a decade of stability, traders said, as New Delhi's protectionist move coincides with falling output in other major producers and rising global demand. Uneven monsoon rains hit rice planting in India, prompting the export restrictions in September, and floods have cut output in Pakistan even as consumption has grown in top importers such as Bangladesh and the Philippines. That's why fore...
Analysis-India rice export curbs to end a decade of price stability
Analysis-India rice export curbs to end a decade of price stability
Source: IANS
21/10/2022 2:57:19 PM
India: From a milk deficit country to world's largest producer  India was once a milk-deficit country. But at present, it is the largest producer of milk in the world, contributing 21 per cent of global milk production. During the 1950s and 1960s, the situation was radically different. India was a milk-deficit nation dependent on imports and the annual production growth was negative for several years. The annual compound growth rate in milk production during the first decade after independence was 1.64 per cent, which declined to 1.15 per cent...
India: From a milk deficit country to world's largest producer
India: From a milk deficit country to world's largest producer
Source: IANS
15/09/2022 9:29:08 AM
Foodgrain production estimated to be record 315.72 MT, up by 4.98 MT in 2020-21 Foodgrain production in the country is estimated to be a record 315.72 million tonnes in the year 2021-22, an increase by 4.98 MT in 2020-21. The fourth advance estimates of production of major agricultural crops for the year 2021-22 have been released by the Union Ministry of Agriculture and Farmers Welfare. The production during 2021-22 is higher by 25 million tonnes than the previous five years' (2016-17 to 2020-21) average production of foodgrains. Record production is estimated...
Foodgrain production estimated to be record 315.72 MT, up by 4.98 MT in 2020-21
Foodgrain production estimated to be record 315.72 MT, up by 4.98 MT in 2020-21
Source: IANS
17/08/2022 3:22:16 PM
World food prices decline amid relief after Ukraine grain exports resume: Food and Agriculture Organization World food prices declined dramatically in July following the resumption of grain exports from Ukraine, according to the Rome-based Food and Agriculture Organization (FAO). A deal to allow grain shipments from Ukraine and adjustments to the global supply chain helped relieve some price pressure, Xinhua news agency quoted the FAO as saying. The monthly index of food commodity prices fell 8.6 per cent in July, its largest one-month fall since 2008, according to data released by the UN age...
World food prices decline amid relief after Ukraine grain exports resume: Food and Agriculture Organization
World food prices decline amid relief after Ukraine grain exports resume: Food and Agriculture Organization
Source: IANS
6/08/2022 10:35:12 AM
Fertiliser costs could prolong global food tensions - FAO PARIS - Spiralling costs for farm inputs like fertiliser could deter growers from expanding production and worsen food security in poorer countries facing record import bills, the United Nations' food agency said on Thursday. An index of input costs for farmers was running at a record high and had climbed more steeply than food prices in the past year, suggesting low prices in real terms for many farmers, the Food and Agriculture Organization (FAO) said in a report. "The f...
Fertiliser costs could prolong global food tensions - FAO
Fertiliser costs could prolong global food tensions - FAO
Source: Reuters
9/06/2022 2:30:54 PM
World food commodity prices declined modestly in May: FAO World food commodity prices declined modestly in May for the second consecutive month, although wheat and poultry prices pushed higher, the UN's Food and Agriculture Organization (FAO) reported on Friday. The FAO Food Price Index averaged 157.4 points in May 2022, down 0.6 per cent from April. The Index, which tracks monthly changes in the international prices of a basket of commonly-traded food commodities, however, remained 22.8 per cent higher than in May 2021. The FAO Cereal Pri...
World food commodity prices declined modestly in May: FAO
World food commodity prices declined modestly in May: FAO
Source: IANS
3/06/2022 2:45:47 PM
Vegetable oil, maize prices slightly fall after recent surge: FAO World food commodity prices decreased in April after a large jump the previous month, led by modest declines in the prices of vegetable oils and cereals, the Food and Agriculture Organization (FAO) of the UN said on Friday. The FAO Food Price Index averaged 158.5 points in April 2022, down 0.8 per cent from the all-time high reached in March. The Index, which tracks monthly changes in the international prices of a basket of commonly-traded food commodities, remained 29.8 per cent higher...
Vegetable oil, maize prices slightly fall after recent surge: FAO
Vegetable oil, maize prices slightly fall after recent surge: FAO
Source: IANS
6/05/2022 3:55:38 PM
World food prices in February at all-time high The benchmark gauge for world food prices went up in February, reaching an all-time high, led by vegetable oils and dairy products, the UN's Food and Agriculture Organization (FAO) said. The FAO Food Price Index averaged 140.7 points in February, up 3.9 per cent from January, 20.7 per cent above its level a year earlier, and 3.1 points higher than reached in February 2011. The Index tracks monthly changes in the international prices of commonly-traded food commodities. The FAO Ve...
World food prices in February at all-time high
World food prices in February at all-time high
Source: IANS
6/03/2022 12:40:04 PM
World food prices hit 10-year high in 2021 PARIS  -World food prices jumped 28% in 2021 to their highest level in a decade and hopes for a return to more stable market conditions this year are slim, the U.N.'s food agency said on Thursday. The Food and Agriculture Organization's (FAO) food price index, which tracks the most globally traded food commodities, averaged 125.7 points in 2021, the highest since 131.9 in 2011. The monthly index https://www.fao.org/worldfoodsituation/foodpricesindex/en eased slightly in Dec...
World food prices hit 10-year high in 2021
World food prices hit 10-year high in 2021
Source: Reuters
6/01/2022 4:12:03 PM
World food prices climb for second month in September -FAO PARIS - World food prices rose for a second consecutive month in September, driven by increases in cereals and vegetable oils, to remain about a third above their level a year ago, the United Nations food agency said on Thursday. The Rome-based Food and Agriculture Organization (FAO) also raised slightly its projection of global cereal production in 2021, to 2.800 billion tonnes from 2.788 billion tonnes estimated a month ago. FAO's food price index, which tracks international ...
World food prices climb for second month in September -FAO
World food prices climb for second month in September -FAO
Source: Reuters
7/10/2021 1:43:21 PM
World food price index climbs in April, highest since mid-2014: Food and Agriculture Organization ROME - World food prices increased for a 11th consecutive month in April, hitting their highest level since May 2014, with sugar leading a rise in all the main indices, the United Nations food agency said on Thursday. The Food and Agriculture Organization's food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 120.9 points last month versus a revised 118.9 in March. The March figure was previously given as 118.5....
World food price index climbs in April, highest since mid-2014: Food and Agriculture Organization
World food price index climbs in April, highest since mid-2014: Food and Agriculture Organization
Source: Reuters
6/05/2021 3:10:01 PM