Declining international prices to ease food import burden for poorest countries
Declining international agricultural commodity prices should ease the bill the world’s poorest countries pay for food imports, although the strengthening …
World cereal output forecasts raised by FAO
The U.N. food agency has raised its forecast for global cereal production in 2018 to 2 601 million tonnes, primarily due to higher estimates for wheat …
Global food price index dips for the fifth consecutive month in October
International food commodity prices dipped in October, as falling dairy, meat and vegetable oils prices more than offset a surge in sugar prices, the United …
Global gold demand steady in third quarter; central banks and consumer purchases offset ETF outflows
Global gold demand was steady in Q3 2018 at 964 tonnes, up just 6 tonnes year-on-year, according to the World Gold Council’s latest Gold Demand Trends …
India unveils Rs 5,500 crore plan to help sugar industry battle excess production
The Indian government unveiled a Rs 5,500 crore assistance plan for the country’s sugar industry reeling under price pressures due to higher-than-expected …
Chances of El Nino developing by end of year as high as 70 percent – WMO
There is a 70% chance of an El Nino developing by the end of this year, according to the latest update from the World Meteorological Organization (WMO). Its …
Time running out for world’s forests as cover area continues to shrink – report
Time is running out for the world’s forests, whose total area is shrinking by the day, warns a new FAO report urging governments to foster an …
India to send a rover to moon in October in search of a trillion-dollar nuclear fuel: ISRO
As per a Bloomberg report, India’s space program wants to go where no nation has gone before – to the south side of the moon. And once it gets there, it …
Global food prices rose in May, led by dairy – FAO
Global agricultural food commodity prices rose in May, with dairy prices jumping significantly. The FAO Food Price Index averaged 176.2 points during the …
India’s central bank retains 2018-19 GDP growth forecast at 7.4 per cent
The Reserve Bank of India (RBI) has retained growth projections for the current fiscal at 7.4 per cent on hopes of further boost to investments and higher …