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Higher prices likely to cut fertiliser demand 10-15 %-Rituraj Tiwari

-The Economic Times     Rising fertiliser prices may lead to a drop in demand by 10-15 % this kharif season. The impact will be more on diammonium phosphate (DAP) whose prices are likely to double over last season.  DAP prices have gone up from Rs 12,000 a tonne last kharif to over Rs 18,000 a tonne and are likely to be revised to Rs 24,000 within a couple of weeks. "Yes, there are...

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Scientist's warning on farmer suicides

-The Times of India   BHOPAL: Driven by abject poverty and financial distress, a farmer along with his wife and two children committed suicide by jumping before a train in Harda district in western Madhya Pradesh, police said on Friday.   Rajendra Singh Rajput, 40, along with his wife aged 35, and two boys Aniketh, 14, and Mohit, 11, was run over by Guwahati Express (Mumbai LTT - Guwahati) in Palasnar area on Thursday...

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Forest of problems

-The Business Standard MSP for forest produce may not work The government’s proposal to set up a minimum support price (MSP) commission to fix assured prices for minor forest produce has pros as well as cons, which need to be weighed carefully before a final call is taken. The proposal envisages the forest MSP panel as having its own elaborate establishment, allowing it to set minimum prices for non-timber forest produce while...

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Kharif farming could come a cropper on long dry spells-Sutanuka Ghosal

A prolonged dry spell in most parts of India is hurting the sowing schedule for paddy, a major kharif crop, raising the country's anxiety about monsoon rains, as parched fields urgently need moisture to plant crops. The weather office has forecast normal rainfall in the June-September monsoon, but showers in the months before the rainy season are vital for soil moisture required to raise paddy nurseries and subsequently to sow the...

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Why FCI doesn’t buy grain futures-Ruchira Singh

Lack of knowledge, fear of political criticism are some of the reasons that are stopping FCI, according to experts What is stopping Food Corp. of India Ltd (FCI) from selling its ample wheat stocks in the open market and buying futures contracts to meet its distribution commitments in the months ahead? Or, for that matter, what is keeping the food procurement agency from selling grain futures internationally, knowing that a bumper crop...

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