-PTI Paddy MSP of Grade 'A' variety has been raised by Rs 55 to Rs 1,400 a quintal The government today announced Rs 50 per quintal increase in the minimum support price of paddy to Rs 1,360 to encourage farmers to cultivate rice, but said that the decision will not have an impact on inflation. Minimum support price (MSP) of pulses has been raised by up to Rs 100 per quintal. The Cabinet Committee...
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Rains play truant; sowing target to be missed
-The Hindu Agriculture activities come to a standstill in Gulbarga Karnataka: It has been an agonising wait for farmers in Gulbarga district. After a gap of several years, the district faces the bleak prospect of losing the chance to take up sowing of green and black grams, soyabean and sesame this year because of inordinate delay in the onset of the monsoon. As per the details available with the Agriculture Department on Monday,...
More »Global food prices down for second straight month in May, UN agency reports
-The United Nations The United Nations Food and Agriculture Organization (FAO) reported today that global food prices were down for the second straight month in May and that the outlook for worldwide cereal supply has improved considerably since last month. FAO's Food Price Index continued its decline from the 10-month high it experienced in March, the agency said in a news release, noting that prices fell as generally ample supplies weighed on...
More »India likely to see below average to average rains: World Meteorological Organization
-Reuters PUNE: India and its South Asian neighbours are expected to see below average to average rains this year if the El Nino weather pattern gains strength during the four-month monsoon season, a forum of weather experts said on Wednesday. Poor monsoons could dent crop output in India - the world's No.2 rice and sugar producer, while less rains in soybean areas could make the country, already the world's top importer...
More »Officials forecast normal monsoon as El Niño looms
-Bloomberg Actual rainfall may be five per cent more or less than the prediction The monsoon in India, which provides about 70 per cent of annual rainfall, will be normal this year amid forecasts for the emergence of an El Niño that previously caused droughts, government officials said. Rain could be 96 per cent of a 50-year average of 89 cm (35 inches) in the June-September period, said two officials with direct knowledge...
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