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Government decides on major push for pulses

Raises support price by Rs 380/qtl; marginal rise for wheat. Pulses saw the highest rise of Rs 340- 380 per quintal in minimum support price (MSP), the government announcing these for the current rabi season. The decision is in line with government efforts to increase their sowing, to meet the increasing demand for the crop. The MSPs of masur and chana were increased by Rs 380 per qtl and Rs 340 per...

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All is not well on the global food front

Reports of a possible global food crisis could not have come at a worse time for India. Food inflation is still over 16% and though plentiful rains this year hold out the promise of one of our best agricultural years ever , last week’s warning by the US administration of ‘dramatically’ lower supplies of corn, rice and wheat could force the RBI to tighten more than otherwise warranted in order...

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Russian drought could push up food prices by Richard Wray

Russia is the world's second largest producer of Barley after the EU and the cereal crop is used by many farmers as animal feed. Shoppers could see the cost of the meat and poultry in their baskets rise as the price of Barley has more than doubled over the past six weeks due to continued fears over the drought affecting Russia and Ukraine. Russia is the world's second largest producer of Barley...

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Global Wheat Shortage Feared as Prices Surge by Liam Pleven and Tom Polansek

Wheat prices have staged the most drastic rise in more than 50 years, as a drought in Russia fuels growing worries that it could lead to a global shortage of the grain. Harsh heat and a lack of rain in Russia have killed half of the crop in some hard-hit areas. The slump in production in one of the world's most fertile breadbaskets has pushed prices up 62% since early June,...

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A potato remade for industry has some Swedes frowning by John Tagliabue

Amflora is a kind of miracle potato: it is precious to the starch industry.  Johan Bergstrom, a blond and boyish man of 31, who farms here with his father, reached into the dark, soft soil and extricated a tennis-ball-size potato, holding it gently so as not to snap off any of a half-dozen white shoots that were growing out of the potato's eyes. He advised against tasting the potato, whose...

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