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Good harvests, abundant inventory continue to drive International Food Prices down – UN

-United Nations Food markets are more stable and prices for most agricultural commodities are sharply lower than they have been in recent years, according to the latest edition of the biannual Food Outlook report released today by the United Nations Food and Agriculture Organization (FAO). According to a statement released by the Rome-based FAO, bumper harvests and abundant stockpiles are key factors helping drive down International Food Prices. World wheat production in 2014...

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Only 12% deficit in monsoon rainfall: Why is the picture of rural economy still uncertain? -Jayashree Bhosale & Avinash Celestine

-The Economic Times Dinkar Patil, a farmer from Buldhana district in Vidarbha, Maharashtra, normally cultivates cotton on his 13-acre farm land. This year, however, he has skipped the cotton crop and opted for soyabean and tur dal. "The rainfall started late. I did not cultivate cotton because of the delayed rains and the huge increase in cost of cultivation of the crop," said Patil. He is expecting a fall of about...

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His business model for small farmers caught UN's attention -Kamini Mehta

-The Times of India CHANDIGARH/FAZILKA: What was a laughing stock when started 12 years ago is today all set to become a part of the policy the United Nations plan to make for the world. A business model -- Library Model and Radio Taxi Model -- for enabling small and marginal farmers to hire equipment for farm operations at affordable prices was recently showcased in an event of UN in Indonesia...

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India's 93.2% quandary at WTO -Soumya Kanti Ghosh

-The Business Standard WTO reconvenes to re-examine issue of agriculture subsidies, numbers alone suggest that India has a strong case for declining to sign WTO's TFA The World Trade Organisation (WTO) is reconvening in the last week of September to examine the issue of agricultural subsidies against the backdrop of India's refusal to become a signatory to the trade facilitation agreement (TFA) at Bali. Since then, a lot of water has flowed...

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Farmer in distress -Bharat Jhunjhunwala

-The Statesman Prime Minister Narendra Modi has expressed anguish over suicides by farmers, whose condition has not improved despite the high rate of economic growth. The reason for this distressing state of affairs is that economic policies are badly crafted. The primary effort of the Government has been to increase agricultural production. The price factor is not taken into consideration, the perception being that the farmer will be better off...

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