-The Financial Express For the first time in a decade, India has experienced deficient rainfall in both the main south-west as well as the north-east monsoon seasons. According to data from the India Meteorological Department (IMD), the country as a whole received an average rainfall of 85.2 mm during October 1 to December 31, 33 per cent below the "normal" long period average of 127.2 mm for this period. That translated into a...
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Farm sector ploughs thru a tumultuous year -Vishwanath Kulkarni
-The Hindu Business Line Bearish price trends in the global market, poor rainfall took toll on farmers in 2014 Farmers in the country were hit by a double whammy in 2014. Even as poor monsoon affected kharif output, lower commodity prices, largely influenced by a bearish trend in the global market, aggravated the agrarian crisis this year. In addition, the uncertainty over the vagaries of nature, largely through frequent unseasonal rains, compounded...
More »Rabi acreage around 5% less than last year as sowing nears end -Sanjeeb Mukherjee
-Business Standard Total area might remain 1-1.5 million hectares less than 2013, impacting production and prices As sowing of rabi crops enters its last leg, the overall area covered, as of Friday, was five per cent less than last year at 53.02 million hectares. This means the total this year might be 1-1.5 million hectares less than in 2013. This could have a negative impact on overall gross domestic product growth in...
More »Rains, lower temperature to boost planning of wheat, other rabi crops -Madhvi Sally
-The Economic Times NEW DELHI: A spell of rains that fell across north, northwest and central India since Friday is expected to boost planting of wheat, chick pea, mustard and oilseeds. The cool temperature, though has set in late, is beneficial for the standing wheat crop, but potato and other vegetable crops could suffer from cold and frost conditions. According to data from the agriculture ministry, total area covered under rabi...
More »Agri-commodities show early signs of price rebound -Dilip Kumar Jha
-The Business Standard Wholesale prices of edible oils have risen 40% since Oct 15; pulses and wheat have surged 4.62% and 8.33%, respectively These could still be early signs, but it appears the breather on food inflation that India has been enjoying for some time is going to end. Following a sharp reduction in production estimates, prices of key agricultural commodities have risen over the past three weeks. According to data from the...
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