-Business Standard Huge arrivals from Gujarat and MP increase supply; farmers fear higher spoilage on rise in temp Mumbai: Vegetables prices crashed in the last two weeks due to farmers’ rush for sale on fears of high spoilage due to sudden rise in temperature across the country. Data compiled by the government owned National Horticulture Board (NHB) showed cauliflower in the wholesale Mumbai mandi slumped by a staggering 25% since March 17 to...
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Crashing sales, fear of vigilantes push cattle farmers to the edge in Yogi Adityanath's UP -Gulam Jeelani
-Hindustan Times Dhanaura (Bulandshahr): Every Wednesday, until two weeks ago, farmers from Dhanaura, adjoining villages and beyond would sell at least 500 spent (no longer productive) buffaloes to meat traders at this licenced weekly market in Uttar Pradesh’s Bulandshahr, about 80 km from Delhi. Not anymore. On March 29, the second Wednesday since the Yogi Adityanath-led Uttar Pradesh government launched its crackdown on illegal slaughterhouses, it was not business as usual at...
More »Agriculture: Here's why farmers are in trouble despite high pulse procurement
-The Financial Express Given the likely 22 million tonne production of pulses this year, up more than a third compared to last year, it is not surprising prices have crashed. In the case of tur, for instance, retail prices are down from R118 per kg in Delhi on October 1, 2016 to R89 on March 1. As a result of the surge in pulses inflation last year, rabi sowing increased by...
More »At Rs 450/quintal, onion prices dive to 5-year low -Bhavika Jain
-The Times of India MUMBAI: Onion prices in the state have touched a five year low. The average price farmers have fetched for a quintal has been Rs 450. At the Lasalgaon APMC, the biggest market yard for onions in the country, the average price for a quintal has been Rs 740 in February 2016, when the state was reeling under a severe drought. Cost of production for a quintal is Rs...
More »Budget and agri-commodity trading: Searching for a spot in the future -Pravesh Sharma & Raghav Raghunathan
-The Indian Express Integration of spot and derivatives markets for farm produce via e-NAM can be a potential game-changer There isn’t much from the recent Union Budget as far as new ideas for agriculture goes, yet it sends out a couple of signals suggesting the Narendra Modi government’s intent to integrate farmers better with the markets. One such signal is the proposal to come out with a ‘model law’ on contract farming for...
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