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Good news from the farm as India’s FY22 foodgrain production estimated at record 316 mn tonnes -Sayantan Bera

-Livemint.com Wheat production estimate sees marginal upward revision to 106.8 million tons, though current rate lowest in 3 years. New Delhi: Production of foodgrain in India — comprising rice, wheat, coarse grains and pulses — is estimated at a record 315.7 million tonnes in 2021-22, shows the fourth advance estimates released by the Agriculture Ministry on Wednesday. According to the latest numbers, wheat production is revised upwards, though marginally, from 106.4 million tonnes...

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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...

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What does dwindling central wheat stock mean for prices and production? -Krishna Veera Vanamali

-Business Standard The wheat stocks in the Central pool have dropped close to the minimum required levels because of lower procurements. What does this mean for the grain's prices and production? As global wheat prices scaled record highs this year, in part due to the Russia-Ukraine war, bread-makers in India turned to multiple price increases. Today, a loaf of sliced brown bread costs Rs 50 while multi-grain bread costs Rs 65. This is...

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How a transition back to hardy millets could solve several crises that India is grappling with -Swapan Mehra

-Scroll.in With climate change, farmer suicides and agicultural distress, the drought-resilient coarse grain that requires few resources could be the answer. Already caught in a vicious cycle of debt and declining yields, Indian farmers now face new challenges from climate change. The Ministry of Earth Science, in a 2020 report, predicts, “Rising temperatures, heat extremes, and increasing year-to-year rainfall variability are likely to adversely impact crop yield.” India’s Green Revolution of the 1960s...

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UN Report: Global hunger numbers rose to as many as 828 million in 2021

-Press release by FAO dated 6 July 2022 The latest State of Food Security and Nutrition report shows the world is moving backwards in efforts to eliminate hunger and malnutrition Rome/New York: The number of people affected by hunger globally rose to as many as 828 million in 2021, an increase of about 46 million since 2020 and 150 million since the outbreak of the COVID-19 pandemic (1), according to a United...

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