-FAO Prices of cereals and oils decrease - FAO expects bumper cereal harvest this year Rome: The FAO Food Price Index dropped for the fourth month in a row in August reaching its lowest level since June 2012. The index, which measures the monthly change in the international prices of a basket of food commodities, averaged 201.8 points in August 2013, nearly 4 points (1.9 percent) below its July value and 11 points...
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Record rains in June aids power, agricultural output -Madhvi Sally
-The Economic Times NEW DELHI: Agriculture output is poised to accelerate and power deficits will narrow as the monsoon has begun bountifully in its first month, irrigating fields and filling up reservoirs with the heaviest June rainfall in more than a decade. Rainfall has been 32% above normal in June, injecting moisture into fields and preparing them for early sowing of kharif crops and reducing the farmer's need for electricity or diesel...
More »Early sowing raises hope; all eyes on July rain-Sanjeeb Mukherjee
-The Business Standard Experts say too early to estimate final output The sowing of kharif crops is on at breakneck speed in most parts, but analysts say much of the final output will depend on the weather in the next month. The current weak monsoon phase in most of the northern parts of the country is adding to the worry. Experts believe if the rains go for a prolonged break in...
More »Foodgrain production in kharif season likely to increase by 8% -Jacob P Koshy and Ragini Verma
-Live Mint The kharif crop may improve by 8.1% to 135 million tonnes, after falling by 2% last year due to weak monsoon Foodgrain production in India's kharif season, the summer crop, is estimated to increase by a little more than 8% this year on expectations of normal monsoon rains, boosting hopes of a recovery in Asia's third largest economy and a decline in food price inflation. The kharif crop may improve by...
More »Monsoon may hit Kerala on June 3 -Vishwanath Kulkarni
-The Hindu Business Line The South-West Monsoon is likely to hit the Kerala coast on June 3 this year, the Indian Meteorological Department (IMD) said on The South-West Monsoon is likely to hit the Kerala coast on June 3 this year, the Indian Meteorological Department (IMD) said on Wednesday. The onset forecast has an error margin of four days, IMD said in a statement. The normal onset of monsoon over the Kerala coast...
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