A standoff between the Haryana government and rice millers is threatening to derail the procurement of paddy in Haryana, with growers accusing authorities of not lifting the crop despite heavy arrival in markets. The state government said it is hopeful of settling the issue with state rice millers within a day or two, while claiming to have lifted ‘each grain’ of paddy. Peeved at the slow pace of paddy lifting at various...

The mountainous state-owned food stocks lying in the open and rotting in the rain are in stark conflict with a failing public distribution system , hunger, malnutrition and high food prices. The poor management of food stocks provoked the Supreme Court to transgress into executive domain when, on August 12, the court made certain directions like limiting procurement to covered warehousing capacity and distributing the rotting foodgrains free of cost...

Thousands of farmers from Saurashtra gathered here on Friday to protest against the Centre’s cotton export policy. The government has fixed a cap of 55 lakh bales for export in 2010-11, even as a record yield of cotton is expected this year. During the convention organised Maha Gujarat Agri Cotton Produce Company (MGACPC) at Shahshri Maidan, the farmers demanded that the export limit should be increased to one crore bales. They...

India and China Two largest populated countries of the world and next door neighbors; though greatly different in their cultures, lifestyles and most important pace of growth. Maintaining an edge over India in the manufacturing sector and urban infrastructure development, China is also not lagging behind in the rural development sector. China feeds 21% of the world population with only 9% of the world arable land. The 2nd largest populated country has to...

Global foodgrain prices are likely to remain high in the coming months despite high output estimates this season. Bad weather in Brazil and Russia and rising global demand have made the grain market sensitive. The assessment of the damage due to dry weather in Russia, Western Australia and South America and floods in India, China and Pakistan is yet to be done. This is offering grain traders speculative opportunity on futures...