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Fodder inflation could really shrink milk output -Amaresh Chandra, Purushottam Sharma and Bishwa Bhaskar Choudhary

-The Hindu Business Line The fodder crop deserves a central place in the agri-ecosystem and needs institutional support, such as crop insurance The recent increase in fodder costs have played a major role in rising milk prices, hitting dairy farmers hard. Fodder inflation has seen a sharp hike in the last four months, despite the softening of overall WPI inflation in the recent months. The overall WPI inflation has eased to 10.70 per...

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Govt lifts stock restrictions on edible oil for wholesale traders

-Hindustan Times The exemption on stock limits will also apply to big-chain suppliers and super markets, the government added, in a move aimed at easing tight controls over stocking of edible oils due to high prices New Delhi: The Union government said in a notification issued Tuesday that it has lifted restrictions on stocks of edible oil wholesalers can store owing to an increase in global supplies and stable domestic prices. The exemption...

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Food items keep WPI up at 12.4 per cent

-The Telegraph There has been a pick-up in the prices of vegetables, fruits, eggs, meat and fish and cereals mostly because of erratic rains Wholesale price index-based (WPI) inflation eased to a 11-month low of 12.41 per cent in August on softening in the prices of manufactured and fuel products even as food items remained expensive. Although WPI inflation declined for three consecutive months in August, it remained in double digits for...

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Wholesale Price Inflation Eases To 12.41% In August

-PTI/NDTV.com August is the 17th consecutive month of double-digit wholesale price inflation (WPI). NEW DELHI: The wholesale price-based inflation eased for the third consecutive month in August to 12.41 per cent, on softening in prices of manufactured items, even as food items saw an uptick. The Wholesale Price Index-based inflation was 13.93 per cent in July and 11.64 per cent in August last year. August is the 17th consecutive month of double-digit wholesale price...

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The global threat to our food security -Himanshu

-Livemint.com We must raise procurement to prepare for a possible rise in inflation as global food supplies shrink Recent data on inflation suggests a softening of the trend of rising inflation in retail prices. Much of the inflation this year has been driven by rising food prices, particularly edible oil and more recently cereals, primarily wheat. This has followed the global trend in food prices, which softened last month, even though they...

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