-The Economic Times Rising fertiliser prices may lead to a drop in demand by 10-15 % this kharif season. The impact will be more on diammonium phosphate (DAP) whose prices are likely to double over last season. DAP prices have gone up from Rs 12,000 a tonne last kharif to over Rs 18,000 a tonne and are likely to be revised to Rs 24,000 within a couple of weeks. "Yes, there are...
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UN food price index registers sharp drop in prices during May
-The United Nations The United Nations today reported a sharp drop in global food prices during May owing to generally favourable supplies, growing global economic uncertainties and a strengthening of the United States dollar. The monthly food price index of the Food and Agriculture Organization (FAO) averaged 204 points in May, down 9 points from April, the agency said in a news release. This was the lowest level since September 2011. The index...
More »Global food prices down on record high production: FAO
-The Business Standard The FAO Food Price Index fell by 4% in May Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today. The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4%...
More »Scientist's warning on farmer suicides
-The Times of India BHOPAL: Driven by abject poverty and financial distress, a farmer along with his wife and two children committed suicide by jumping before a train in Harda district in western Madhya Pradesh, police said on Friday. Rajendra Singh Rajput, 40, along with his wife aged 35, and two boys Aniketh, 14, and Mohit, 11, was run over by Guwahati Express (Mumbai LTT - Guwahati) in Palasnar area on Thursday...
More »Now cooking: battle for rice by Pranesh Sarkar
The Mamata Banerjee government is gearing to fight the Centre afresh for an additional allotment of subsidised rice to keep a pet project afloat. A shortage of cheap grain has hit the state’s Rs 2-a-kg rice scheme for about 20 lakh “needy” people who don’t figure on the below-poverty-line (BPL) list, with supplies having been stopped in the Darjeeling hills since April. Although the Centre had made it clear on March 12...
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