-The Hindu Business Line Rate hike due to lower Acreage, fear of crop damage Urad dal prices in the retail market have increased on an average by Rs.3-5/kg in the past one week while at some places the surge is Rs.13/kg to about Rs.110-120/kg, mainly due to overall lower Acreage and fear of crop damage after incessant rains in the growing region of Madhya Pradesh. Kendriya Bhandar, a Central government-run cooperative, has...
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Centre weighs ban on rice exports -R Suryamurthy
-The Telegraph Officials said the government is weighing up the option of some kind of restrictions on the shipments of rice New Delhi: After wheat, the Centre is mulling curbs on rice exports as the Acreage under the crop this season has shrunk about 13 per cent over the previous year because of deficient rains in key rice-growing states — leading to a rise in the price of the foodgrain. Analysts said the...
More »Cereal inflation would be hard to tame amidst low rice Acreage
Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
More »Lower kharif plantings due to uneven rains a growing concern, says report -Suchet Vir Singh
-ThePrint.in Area under rice and pulses lower than last year, while oilseeds Acreage has marginally increased in the June-October Kharif crop season. New Delhi: The South-West monsoon has seen 6 per cent above normal or long-period average (LPA) rains in India till 5 August this year, but geographical disparities have impacted planting of Kharif crops including rice, according to a new report from the Bank of Baroda. Area planted under cereals including rice...
More »Kharif 2022: Area under paddy dips by 13% as July ends -Shagun
-Down to Earth The primary reason for the reduced sown area is the failure of the monsoon in the month of June and of its smooth progression in July in most parts of the country There is 13.27 per cent less area under paddy in 2022, compared to last year, even as the sowing of paddy was completed by the end of July in most parts of the country. Paddy is one...
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