-The Hindu Business Line Acreage under cotton, oilseed cultivation still low but likely to improve New Delhi: With surplus rain recorded between June 30 and July 6, sowing of rice and pulses picked up pace with the total acreage under the two crops, since the beginning of June, exceeding last year’s levels for the same period. The sharp decline in acreage under cotton and oilseeds, however, resulted in lower acreage under all kharif...
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Global food prices seen stagnating as population growth slows -Manisha Jha and Isis Almeida
-Livemint.com/ Bloomberg Global population growth, the main driver of demand increases, is declining, while income growth in emerging economies is projected to be weaker, say OECD and FAO London: Food prices will stagnate over the next decade as the population growth rate declines and income expansion in emerging economies slows. Food costs will stabilize at a level slightly higher than in the years before the 2007-08 price spike, the Organization for Economic...
More »Rainfall deficit contracts to 2%
-The Economic Times NEW DELHI: The season's rainfall deficit contracted to 2% from 6% in a day on Monday. The weather office has forecast heavy showers in Uttar Pradesh, Madhya Pradesh, Chhattisgarh, Bihar and t parts of east in the next 24 hours. This could speed up planting of i paddy, oilseeds, coarse cereals, cotton, sugarcane and pulses. Monday's rainfall, 14.8 mm, was 74% higher than normal, as monsoon reached new areas...
More »Better monsoon to reduce price pressure in pulses: Study
-PTI IMD has forecast better than normal Southwest Monsoon for the year With pulses inflation high at 34%, a better monsoon would reduce price pressure in lentils and in turn food inflation, a latest report has said. Southwest Monsoon rains were lower by 16% as on yesterday. While June could still end with a marginal deficit, if rainfall remains adequate as forecast in July and August, it could provide much-needed support for growth...
More »Kharif sowing slows down further despite monsoon progress
-The Hindu Business Line New Delhi: Sowing of kharif crops slowed down further in the third week of June, despite considerable progress in monsoon rains, with the total area sown falling by almost 24 per cent to 124.94 lakh hectares (lh) compared with 164.10 lh at this time last year. States have reported that till June 24, rice has been sown/transplanted on 19.86 lh (21.86 lh), pulses on 9.66 lh (12.19 lh)...
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