-Outlook India Better prices luring Indian farmers to sell their produce to private traders for sale in the global markets. Should India need to worry? One man’s loss is another man’s gain. And here, in a rare circumstance, the Indian farmers seem to be on the gaining side. First, the Centre had to bow in front of the community and revoke its three farm laws, and now, because of the Russia-Ukraine war,...
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Fear of cooking oil shortage, spike in prices as 290,000 tons stuck in Indonesia -Aniruddha Dhar
-Hindustan Times India is the world's biggest importer of palm oil and relies on Indonesia for nearly half of the 700,000 tonnes it takes every month. Indonesia President Joko Widodo's drastic measures to control food prices by banning palm oil exports have come into effect from Thursday. India is the world's biggest importer of palm oil and relies on Indonesia for nearly half of the 700,000 tonnes it takes every month. Palm...
More »Strong demand may bring down closing stock of major farm goods by FY23-end -Sanjeeb Mukherjee
-Business Standard Experts feel this could keep prices of major farm commodities and products dependent on them, such as poultry and meat, at an elevated level for quite some time By the end of this financial year or perhaps even earlier, depending upon the crop cycle, India might be staring at a multi-year low closing inventory levels of several key farm commodities. Stocks of sugar, wheat, cotton and oilseeds both, with traders and...
More »‘Temporary ban on cotton exports likely’ -Ravi Dutta Mishra
-Livemint.com Cotton prices have touched ₹90,000 per candy. Prices of some varieties of have touched ₹100,000 per candy The Union government may impose a temporary ban on cotton exports if cotton prices continue to surge, textiles secretary Upendra Prasad Singh told Mint. The statement comes at a time when the Indian textile Industry is reeling under a spike in cotton and yarn prices, impacting production and exports. Cotton prices have doubled in barely...
More »A New Paradign for Indian Agriculture: From Agroindustry to Agroecology (2022) -Neelam Patel, Bruno Dorin, and Ranveer Nagaich
-NITI Aayog Working Paper, ISBN: 978-81-953811-7-3 Abstract - The importance of agriculture in an economy usually declines as it climbs the development ladder. Raising agriculture productivity has been known to be an important precursor. Labour productivity in agriculture can either be increased by higher land productivity or higher land availability per farmer and mechanisation. In India, however, the dramatic increase in land productivity through industrial farming has caused severe environmental damage and...
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