-The Hindu Business Line Hyderabad: Bayer’s takeover of Monsanto for $66 billion could trigger tremors in Indian agriculture. Stakeholders worry that the global consolidation will narrow choices for farmers. The merger will propel the merged entity into a leading player in the seed sector. Through their subsidiaries and joint ventures in India, the two firms will garner a major share in paddy, maize, vegetables and cotton and agrochemicals. “It will lead to concentration...
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Production of kharif pulses seen surging 48% to 8.2 million tonnes -Vishwanath Kulkarni
-The Hindu Business Line Govt also revises Rabi target upwards to 14.4 million tonnes Bengaluru: Higher acreage, driven by the rebound in monsoon rainfall this year, is seen lifting the country’s pulses production by about 48 per cent in the current kharif season to around 8.22 million tonnes (mt) against 5.54 mt produced in the corresponding season last year, according to the Agriculture Ministry. Production of arhar or tur is seen up by...
More »Demand for agriculture inputs cools on dry spell -R Sree Ram
-Livemint.com While higher crop acreage should ensure positive growth, much depends on how September rains pan out and the kind of platform it lays out for the next crop season Caution is finally setting in for agriculture inputs stocks. As the weather office released two rain deficit reports (on a cumulative basis), shares of Rallis India Ltd, Dhanuka Agritech Ltd and Gujarat State Fertilizers & Chemicals Ltd lost a bit of...
More »Finally, some respite from dal shock -Prerna Sharma
-The Hindu Business Line Good rain, increased acreage and hike in minimum support prices likely to cool prices The Modi government has been struggling over the last two years to contain the unprecedented rise in the prices of pulses, the second-most important food item after cereals. In the interim, prices of tur have more than doubled, and near-doubled in the case of urad and chana. WPI prices for pulses increased 35.76 per...
More »Retail inflation might not fall much in kharif season -Sanjeeb Mukherjee & Indivjal Dhasmana
-Business Standard Recent trends indicate any such moderation would not be across the board or without riders: Experts New Delhi: Contrary to some perceptions, consumer price index (CPI)-based inflation might not ease sharply after kharif crops arrive in the markets. On the other hand, wholesale price index (WPI)-based inflation could see a rise, due to an increase in prices of commodities and metals. CPI inflation rose to 6.07 per cent in July, highest since...
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