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Potato prices crash 50% to Rs 5-6 per kg in both producing, consuming areas

-PTI/ Business Standard Potato prices in both producing and consuming areas across India have crashed 50 per cent to Rs 5-6 per kg this year on account of good rabi (winter) crop, as per the government data Potato prices in both producing and consuming areas across India have crashed 50 per cent to Rs 5-6 per kg this year on account of good rabi (winter) crop, as per the government data. While consumers...

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Tried, Tested, Failed: Why Farmers are Against Contract Farming -Shinzani Jain

-Newsclick.in Farmers fear they will have to engage with big traders and agribusinesses on an unequal playing field where these giant corporations will be dictating the terms of engagement. Approved by the government of India in 1988, the Pepsi project was launched to initiate a second agricultural revolution in Punjab. The effects of the first agricultural revolution had faded. Yields of major crops were low. A joint venture among PepsiCo, Voltas and...

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Kerala fixes base prices for 16 agricultural items

-The Hindu It will come into force in the State from November 1 THIRUVANANTHAPURAM: Base prices for 16 agricultural items, including vegetables, fruits and tubers, will come into force in the State from November 1, Keralapiravi day. The Cabinet on Wednesday cleared the proposal to introduce the base prices designed to protect farmers from adverse price fluctuations in the market. The government has termed the initiative as the first of its kind in...

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Punjab's Agriculture Sector Can't Rest on its Past Glory -Siraj Hussain

-TheWire.in From seeds and machinery to livestock and irrigation, the state needs to change the status quo. One eye must be firmly kept on the future. If Punjab’s agriculture sector is to succeed, it has to think beyond short-term crises such as the current pandemic-induced one. For instance, the Expert Group headed by Montek Singh Ahluwalia has made important recommendations about seeds, agricultural research, livestock, dairy and food processing. It has been noted that...

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How Covid has flattened prices, shifted demand curve for agri-commodities -Harish Damodaran

-The Indian Express Lockdown has led to demand destruction similar to demonetisation even for commodities such as potato and milk that were till recently in short supply While there is debate on how much the lockdown has helped in “flattening the Covid-19 curve”, one thing is clear: It has led to a flattening of prices through a “leftward shift in the demand curve”. The best way to illustrate this is through two agricultural...

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