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Sharp rise in FAO Food Price Index

-FAO Rome: The FAO Food Price Index rose sharply in March, up 4.8 points, or 2.3 percent, to an average of 212.8, the highest level since May 2013. "The Index was influenced, as expected, by unfavourable weather conditions in the US and Brazil and geopolitical tensions in the Black Sea region," said Abdolreza Abbassian, FAO Senior Economist. These and other influences are reviewed in greater detail in the AMIS Market Monitor report, the...

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States to Focus on Availability of Fertilizers, Seeds, Credit for The Coming Kharif

-Press Information Bureau (Ministry of Agriculture) The two-day National Conference on Agriculture for Kharif Campaign has come out with detailed strategy for maximising crop production during the coming kharif season. The focus will be on ensuring timely availability of fertilizers and quality seed and also sufficient credit to farmers. Based on inputs from States and the Fertilizer Ministry, it is established that sufficient quantities of fertilizers and seeds are available in...

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Making agriculture remunerative -Ashok Gulati, Nidhi Satija & Bhavik Lukka

-The Financial Express Unless we get it right on the markets front, including opening up of exports, farmers cannot get their full due One of the key objectives of agricultural price policy in India is to ensure that agriculture remains a remunerative occupation so that farmers are incentivised to adopt modern technologies that help raise productivity and overall production of various crops in the country broadly in line with the emerging demand...

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Foodgrains production may fall short of target -B Chandrashekhar

-The Hindu     Production is likely to be 207.29-lakh tonnes against the target of 224.96-lakh tonnes Hyderabad: Foodgrains production in the State is likely to fall short of the target by about 18-lakh tonnes in 2013-14. The shortfall is being attributed to damage of standing crops due to cyclones in the coastal districts and because of excessive rains in other areas. The shortfall is mainly contributed by drop in the production of paddy (rice)...

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Food prices expected to be less volatile than in recent years, says UN agency

-The United Nations Improved supplies and a recovery in global inventories of cereals has led to less price volatility than in recent years, the United Nations Food and Agriculture Organization (FAO) said today, adding that food prices over the past month rose slightly, driven by higher sugar prices. "The prices for most basic food commodities have declined over the past few months. This relates to production increases and the expectation that in...

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