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Prospects for wheat exports turn bleak -Vishwanath Kulkarni

-The Hindu Business Line Bengaluru: Prospects for wheat exports in the new marketing season are turning bleak on falling global prices even as the country is seen headed for a bumper output this year. The recent fall in Euro against the dollar has made the French wheat cheaper thereby exerting pressure on the global prices. Wheat prices, which hovered around $6.6 a bushel in Chicago during mid December are now down to...

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Farmer gets paddy yield of 15.8 tonnes per hectare

-The Hindu Thanks to application of bio-fertilizers, green manure Cumbum (Tamil Nadu): A paddy farmer in Cumbum Pudhupatti village has got a bumper yield this year, setting a new record in yield per hectare, thanks to the application of bio-fertilizers, green manure, proper split application of chemical fertilizers and adoption of modern agriculture practices. He has harvested 15.8 tonnes per hectare against the district average of 10 tonnes this season. It was the...

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Your food is not cheaper yet, but wait a while -Harish Damodaran

-The Indian Express * Have global agri-commodity prices fallen? By how much? They have. The Food and Agricultural Organisation's latest Food Price Index (base: 2002-04 = 100) of 192.3 for October is down 6.9 per cent compared to a year ago, and 19.1% below the all-time high of 237.7 reached in February 2011. Prices of commodities such as corn, wheat, soybean, sugar and palm oil traded in international futures exchanges are today...

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Cotton farmers hit by falling prices, rising input costs and China’s import squeeze -Gopal B Kateshiya & Vivek Deshpande

-The Indian Express Rajkot/ Nagpur: For Kanaksinh Jadeja, Arvind Bhoyar and Rubhash Jakhar, cotton symbolised hope and a reason to believe there was still a future in agriculture. All three farmers - from Panchiyavadar in Gondal taluka of Rajkot (Gujarat), Ashi in Warora tehsil of Chandrapur (Maharashtra) and Patrewala in Fazilka (Punjab) respectively - made decent money over the last 10 years by growing cotton. They were helped by two factors. The first...

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Farm distress looms as global crop prices crash after 10-year bull run -Harish Damodaran

-The Indian Express For the last 10 years, farmers in India benefited from both increased production and higher price realisations - leading to rising rural incomes and declining poverty rates. That happy story may now be near its end - which could be the precursor to a renewed crisis in agriculture. The main reason is declining global prices for most agri-commodities (see Table 1). Over the last five-six months, corn, wheat and...

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