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Food ministry to step up procurement for proposed Food Law

-PTI   The food ministry plans to augment wheat and rice procurement by 10 million tonnes to meet the expected demand for 70 million tonnes of foodgrain under the proposed National Food Security Act . "We have to increase the foodgrain procurement to 70 million tonnes in order to meet the requirement under the proposed bill," according to a senior official. The government buys around 60 million tonnes of wheat and...

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AP farmers on crop holiday in key sowing season

-The Economic Times   It's promising to be a tumultous kharif sowing season notwithstanding the massive food grain stocks with the government which is forcing down farmer produce prices countrywide. Early arrival of a forecast normal to good monsoon should have ordinarily enthused farmers to increase the acreage under key summer sown crops this season. But, in protest against the Centre's persisting anti-farmer policies, small and marginal farmers in some villages...

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Acreage rises for cotton, shrinks for paddy

-The Economic Times   As kharif sowing begin in irrigated belts of India, farmers are changing the sowing pattern depending on the remunerative prices they got in the previous year. Cotton prices, which touched a 140-year high this season, is expected to see an increase in acreage in prime growing states of Gujarat and Maharshtra. Across Punjab and Haryana, where more than 90% of the sowing has been completed, farmers have...

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MSP for paddy raised by Rs. 80

-The Hindu   The Union government on Thursday allowed an increase in the Minimum Support Price (MSP) of Rs. 80 per quintal for paddy during the current kharif season, but it is said to be way below the hike recommended by both the Union Ministry of Agriculture and the Commission for Agricultural Costs and Prices (CACP). The government said the objective was to boost production during the current kharif season and meet...

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World food prices to remain high by Dilip Kumar Jha

FAO forecast of generally tight situation for most crops and commodities over next 18 months. Consumers are unlikely to get relief from high food prices till December 2012, despite a modest increase in global foodgrain production. High and volatile agricultural commodity prices are likely to prevail for the rest of this year and into 2012, says a report of the Food and Agriculture Organisation of the United Nations. The next few months...

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