World cereals output is expected to rise this year to near-record highs, swelling overall supplies and putting pressure on already weakened prices, the UN’s food agency said on Thursday. The global wheat output is forecast to fall for the third consecutive year, but at 676.5 million tonnes it would still be close to 2008 record levels, the Food and Agriculture Organization (FAO) said, raising its earlier forecast for 2010. Overall cereals output...
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Global food output to rise to record high: FAO
World cereal output is expected to rise this year to near-record highs, swelling overall supplies and putting pressure on already weakened prices, the Food and Agriculture Organisation (FAO) said on Thursday. The global wheat output is expected to fall for the third consecutive year, but at 676.5 million tonnes, it would still be close to record levels, the UN’s food agency said, revising its earlier forecast for 2010. Overall cereal output is...
More »‘With good monsoon, farm growth rate will be robust' by Gargi Parsai
Thanks to predictions of a good monsoon, Planning Commission member Abhijit Sen has projected a robust growth rate of five per cent from 0.2 per cent in agriculture and allied sectors in 2010-11. From the earlier estimate of -0.2 per cent last year, the growth rate has been revised to 0.2 per cent. Dr. Sen, who is in charge of the farm and food sector in the Commission, said food inflation was...
More »UP seeks amendment in wheat procurement policy by Rajesh Kumar Singh
The state’s wheat purchase exercise is mid-way, but the state government officers have already started mulling over amending the current procurement policy. The wheat purchase started on April 1 and the government has purchased merely 14.84 lakh metric tonnes. The state government agencies have to purchase 39 lakh metric tonne for 2010-11. The Food Corporation of India (FCI) is to purchase 1 lakh metric tonne. Each month the state government...
More »Punjab: Good harvest but no place to store it
Free from harvesting Palvinder Singh is a happy man. This year his wheat harvest was up to his expectation and as a gesture of thanks giving, he, along with other farmers of a village near Sirhind are offering sweet water to people. He says this year his input cost was less and output more, which means he has made a profit of more than Rs 10,000 from his one acre...
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