-Livemint.com According to NCDEX, over 25,000 small and marginal farmers from 13 FPOs have successfully hedged their crops on its trading platform in the past 10 months New Delhi: In a bumper crop year when farmers across the country have been battered by lower crop prices, farmers’ groups are using futures contracts to hedge against price dips during the harvest season. For instance, Samriddhi Mahila Crop Production Co. Ltd, a farmer-producer organization (FPO)...
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Budget and agri-commodity trading: Searching for a spot in the future -Pravesh Sharma & Raghav Raghunathan
-The Indian Express Integration of spot and derivatives markets for farm produce via e-NAM can be a potential game-changer There isn’t much from the recent Union Budget as far as new ideas for agriculture goes, yet it sends out a couple of signals suggesting the Narendra Modi government’s intent to integrate farmers better with the markets. One such signal is the proposal to come out with a ‘model law’ on contract farming for...
More »Pulses policy must break new ground -G Chandrashekhar
-The Hindu Business Line This kharif, with its high pulses output, provides an opportunity to push procurement, processing — and lift curbs on exports Pulses have been in the news over the last one year and for all the wrong reasons. Sharply lower harvests two years in a row (2014-15 and 2015-16) due to a below-normal southwest monsoon in the kharif season and unseasonal rains during the rabi harvest combined with rising...
More »From plate to plough: The arhar challenge - Ashok Gulati & Smriti Verma
-The Indian Express The incentive structure, currently skewed in favour of rice and wheat, needs to become crop-neutral High prices of pulses are upsetting the food budget of many poor families. Soaring retail prices of dals — urad at Rs. 170/kg, tur/arhar at Rs160/kg, gram/chickpea at Rs 127/kg, moong at Rs 111/kg and masoor at Rs 100/kg — have made dal a luxury for the dal-bhaat and dal-roti eating population. But not...
More »Pulses hit Rs 200/kg: Govt curbs cartels and futures trade, raises buffer
-PTI New Delhi: As pulses continued to soar to touch up to Rs 200 per kg, intelligence agencies were on Thursday asked to crack down on cartels, while futures trade was curbed to check speculation and buffer stock was hiked over 5-times to 8 lakh tonnes to boost supply in a multi-pronged approach. Efforts were also beefed up to sell larger quantities of pulses at highly-subsidised rates through government agencies and outlets,...
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