-Business Standard There is a possibility of a 10-15-million tonne drop in kharif rice production due to drought in several major growing states in eastern India Wheat prices in some markets have touched Rs 2,522 a quintal and cereal inflation is expected to remain sticky in the months ahead due to low wheat stocks in central granaries. Nomura India in a report said lower rice output will put pressure on domestic rice...

-The Tribune Karnal: The state government has banned the sale, stock, distribution and use of 10 insecticides for 60 days. These insecticides are mostly used for basmati paddy. The “residual effect” of these insecticides sometimes leads to the rejection of export consignments of basmati rice. The banned insecticides include Acephate, Buprofezin, Carbendazim, Chlorpyriphos, Methamidophos, Propiconazole, Thiamethoxam, Tricylazole, Profenophos and Isoprothiolance. Last week, the Punjab Government had imposed a similar ban on 10 insecticides. The...

-The Hindu Business Line Wheat stocks already low due to low production, concerns mounting about dip in paddy sowing Rice and wheat stock in the Central Pool, managed by the Food Corporation of India (FCI), is at a five-year low, mainly due to lower procurement of wheat. Rice stock, though above 2020 level, may deplete fast in case there is a drop in production during current kharif season as paddy transplanting has...

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...

-The Telegraph Officials say Centre is considering several other measures such as doing away with stock holding limit of foodgrain The government plans to scrap the import duty on wheat to encourage inward shipment and meet its growing demand during the festive season. Officials said the Centre was considering several other measures such as doing away with the stock holding limit of the foodgrain. Analysts said the move might not fetch the desired results...