-The Financial Express After plummeting to a record low two months back, the retail price of potatoes has risen sharply due to lower supplies. The prices have been rising mainly due to expectations of a lower rabi output in the key producing states of Uttar Pradesh and West Bengal. Traders at Delhi’s Azadpur market say potato prices have risen in the last two weeks because of lower supplies from UP, West Bengal and...
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Rains damage wheat crop, delay harvest
-The Economic Times Rains in the last few days across the country excluding the southern peninsula have affected the standing wheat crop. Harvesting has already been delayed by a fortnight in Punjab, the wheat bowl of the country. State governments are advising farmers not to bring the moisture-laden wheat to market yards for sale. "At isolated places, there are instances of water-logging. It will not impact production with harvesting at its peak...
More »Moving beyond MSP
-The Business Standard The new grain pricing policy for 2012-13 Rabi Marketing Season seems a half-hearted attempt to make farmers grow more oilseeds and pulses, which are in short supply. This is apparent from a hefty hike of Rs 650 to Rs 700 a quintal, or around 35 per cent, in the minimum support prices (MSPs) of oilseeds and pulses and a relatively modest increase of Rs 115, or 10 per...
More »Low prices may cut Rabi potato acreage by 15 to 20 per cent by Madhvi Sally & Sutanuka Ghosal
Potato acreage in India is likely to drop by 15-20% in the new season. Farmers suffered last year due to a decline in prices following a higher production. According to an initial estimate, the losses could run into few thousand crores with Bengal farmers suffering the most. In this backdrop, a further expansion in area could weaken the prices even as sowing has started across Uttar Pradesh, Bengal, Bihar and Punjab....
More »‘Diwali bonanza' to farmers, MSP up for rabi crops
-The Hindu The Union government on Tuesday announced an increase of Rs. 115 in the minimum support price (MSP) of wheat, which has been set at Rs. 1,285 a quintal for the 2012-13 Rabi Marketing Season. The MSP for the previous year was Rs. 1,170 including a bonus of Rs. 50. Terming the increase a “Diwali bonanza to farmers,” Law Minister Salman Khursheed told journalists that the decision was taken at a...
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