-Financial Express “Soyabean has been selling much above MSP, however, increase in MSP provides positive signals to farmers,” D K Pathak, executive director, Soyabean Processors Association of India, told FE. Mandi prices of several agricultural commodities for which the government had announced a 5-9% increase in minimum support prices (MSPs) for the 2022-23 season are currently ruling above the MSP. Only the prices of pulses are mostly ruling below the benchmark price. Mandi...
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World Food Crisis: Causes, Consequences and Solutions -C Saratchand
-Newsclick.in The war is exacerbating the food crisis, but to end it, the United States must first realise no military solution to the conflict in Ukraine will bring about the defeat of Russia it seeks. There is a world food crisis spanning the realms of production and distribution. According to the Global Report on Food Crises 2022, acute food insecurity afflicted approximately 193 million people in 2021. They were based in 53...
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-The Hindu Business Line Pesticide residues in India’s agri exports calls for a multi-pronged policy response As reported recently by this newspaper, India’s cumin exports have suffered a setback in recent months, with China claiming that pesticide residues exceeded the maximum residue limits (MRLs) spelt out by it about six months back. Chinese authorities have said that consignments must be accompanied by a pesticide residue report. India has been through all this...
More »India’s wheat ban defies economic logic
-Livemint.com The political economy favours the government taking tough measures to protect the consumers — more numerous and more vocal than producers — even if these measures go against the grain of economic sense. India’s decision to restrict wheat export is disappointing but not a big surprise. Banning exports has been the government’s standard response to any shortage of agricultural commodities, denying farmers the benefit of global prices when these are high....
More »'Betting on Hunger': Market Speculation Is Contributing to Global Food Insecurity -Kabir Agarwal, Thin Lei Win and Margot Gibbs
-TheWire.in An investigation has found that the industry and lobbyists have sabotaged efforts to rein in such behaviour. New Delhi/London/Rome: Food prices have climbed to unprecedented levels in recent months, adding to an already precarious food security situation in large parts of the developing world. Nearly 200 million people already faced acute food insecurity in 2021, almost double the figure from 2016, according to a United Nations report released Wednesday. The report blamed the...
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