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India wheat imports seen surging to decade high as supply drops -Pratik Parija

-Livemint.com Imports may total 5 million metric tonnes in 2016-17, the most since 2006-07, according to estimates New Delhi: India may import the most wheat in a decade as output declines in the world’s second-biggest producer. Imports may total 5 million metric tonnes in 2016-17, the most since 2006-07, according to the median estimate of seven traders surveyed by Bloomberg. Production is set to decline 1.8% to 85 million metric tonnes in the...

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Does good monsoon mean big consumption boost? -Mayank Mishra

-Business Standard FY10 was a drought year with a monsoon rainfall deficiency of 22 per cent of the 50-year average, resulting in a seven per cent dip in the total foodgrains production. But, that did not dampen the consumer sentiment as the auto sector grew by 26 per cent, fast-moving consumer goods (FMCG) 25 per cent and the consumer durables sector by 21 per cent. The momentum continued the following year,...

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Temperatures in Madhya Pradesh to surge by 2045, increasing drought conditions: Study

-PTI Increase in temperature will have "profound implications" on agriculture and water resources in this state located in central India where agriculture remains a major sector and source of livelihood. Ahmedabad: Madhya Pradesh is likely to see 1-1.2 degree Celsius rise in temperature by 2045, bringing more droughts that will pose “enormous” pressure on agriculture, water resources, infrastructure and energy sectors, according to a study. The study, “Climate Change in Madhya Pradesh: Indicators,...

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The story behind India's missing wheat stock -Sanjeeb Mukherjee

-Business Standard A cool weather laden with moisture is good for the wheat crop. However, such a climate has been absent this year India's wheat market is in a tizzy as supply projections and actual arrivals are not matching, raising a big question mark over the Centre's official production estimate for 2015-16. The agriculture ministry in its third advance estimate of foodgrain production released earlier this month had estimated Wheat Output at over...

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In a year of flat food output, pulses poses inflation worry -Zia Haq

-Hindustan Times India’s below-average and a largely flat food production this year is sure to keep prices of pulses high, prompting the government to take a slew of steps aimed at taming prices. Yet there is widening demand-supply deficit of one of the commonest protein item on an average Indian’s plate. * What happened? Lentils, the commonest protein item in an average Indian’s meal, are low on supplies. * What does it mean? Pulses could...

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