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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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Karimnagar dairy to tap solar power

-The Hindu Karimnagar (Telengana): Following the prevailing acute power shortage in the rural areas, the Karimnagar Milk Producer Company Limited, albeit Karimnagar dairy, has decided to tap solar power in a phased manner by installing the necessary solar panels at all the milk societies, bulk milk cooling units and also at the dairy. Disclosing this to newsmen here on Monday, Karimnagar dairy chairman Ch. Rajeshwara Rao said that they are taking measures...

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Good harvests, abundant inventory continue to drive international food prices down – UN

-United Nations Food markets are more stable and prices for most agricultural commodities are sharply lower than they have been in recent years, according to the latest edition of the biannual Food Outlook report released today by the United Nations Food and Agriculture Organization (FAO). According to a statement released by the Rome-based FAO, bumper harvests and abundant stockpiles are key factors helping drive down international food prices. World wheat production in 2014...

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Nitin Gadkari calls for crop diversification to address poverty

-IBNLive.in New Delhi: Expressing concern over the poor plight of farmers, Rural Development Minister Nitin Gadkari on Wednesday urged them to grow crops other than wheat and rice to come out of poverty. Farmers can earn more if they have diversification in crops that can be used for manufacturing ethanol, electricity, bio-gas among other products, he said. "Today, farmers' situation is very bad. We cannot get our farmers out of poverty if...

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India's estimated milk demand to be about 155 mn tonnes by 2016-17: NDDB chairman

-The Business Standard Says need to increase the annual incremental milk production from 4 million tonnes per year to 7.8 million tonnes India's estimated demand for milk is likely to be about 155 million tonnes by 2016-17 and around 200 million tonnes in 2021-22, said chairman of National Dairy Development Board (NDDB) at the two-day seminar-cum-workshop on ‘Convergence of Productivity Enhancement Activities to Meet Future Demand of Milk and Milk Products'. "The country's...

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