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Agricultural policies critical for food security in Asia

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FoodAsia <[log in to unmask]>
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Date:
Wed, 20 Aug 2014 15:28:49 +0700
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Dear Readers,



We are pleased to share the August issue of the Asia Pacific Food Price and Policy Monitor, which aims to provide up-to-date information on price and policy developments in the Asia-Pacific region.



Highlights of the August 2014 issue are:



*       Regional inflation moderated to 5.3 percent in July, down from 5.9 percent in June, as food price inflation fell to 4 percent from 4.8 percent.
*       The FAO cereals price index fell by 5.5 percent in July compared to June, reflecting a 9.2 percent and a 5.8 percent decline in maize and wheat prices.
*       Fruit and vegetable prices rose sharply in South Asia as heavy rains in the region and plant disease outbreaks in India affected major producing areas.
*       Indonesia's rice imports are forecast to increase sharply in 2014 in line with a deteriorating production outlook.
*       China has agreed to buy 100 000 tonnes of rice from Cambodia, up from the 28 300 tonnes imported in 2013.
*       India has allocated INR 1.15 trillion (US$ 19.1 billion) for food subsidies in its 2014/15 budget to ensure cereals price subsidies to vulnerable population under the National Food Security Act.



For further details please refer to the attachment.



The Asia Pacific Food Price and Policy Monitor and other previous publications on food price information can be found at: http://www.fao.org/asiapacific/rap/home/apfppm/en/.

For readers who may have questions on the publication, please contact us at  [log in to unmask]<mailto:[log in to unmask]>.



Best regards,



Economic, Social and Policy Assistance Group (ESP)

FAO Regional Office for Asia and the Pacific

Bangkok

Thailand






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