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Wheat MSP hiked by Rs 110/quintal

-The Tribune New Delhi: The Union Cabinet today approved a hike of up to 9 per cent in the minimum support price (MSP) of six rabi crops for next year’s marketing season, with a Rs 110 per quintal increase for wheat to boost domestic production and the income of farmers. The wheat MSP has been raised from Rs 2,015 to Rs 2,125 a quintal, a hike of 5.46 per cent. The highest...

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Cereal inflation would be hard to tame amidst low rice acreage

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...

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UP: Farmers In Sitapur, Lakhimpur Threaten Massive Movement on July 15 if Outstanding Cane Dues not Paid -Abdul Alim Jafri

-Newsclick.in Farmers said the cane-crushing season had ended earlier this month, but payments of over Rs 15 crore are still pending. Lucknow: Irked over the delay in sugarcane payments, farmers on Friday held a demonstration against Mahmudabad co-operative sugar mill in the Sitapur district. Farmers said the cane-crushing season had ended earlier this month, but payments of over Rs 15 crore were pending. Per the norms, the payment should be cleared within 14 days...

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North India faces an acute fodder shortage, courtesy wheat crisis, climate change -Arvind Shukla

-Down to Earth Wheat straw is being sold at Rs 1,100-1,700 per quintal; it was being sold at Rs 400-600 per quintal last year Farmers across north Indian states are facing a shortage of dry fodder due to the wheat crisis, which in turn, has been primarily fuelled by an unusually hot March, according to farmers, agricultural scientists and experts. Many farmers chose to plant mustard instead of wheat this rabi season in...

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Rabi diversification pays dividends to farmers as mustard prices at all-time high in Punjab -Vishal Joshi

-Hindustan Times Data from Punjab agriculture department says an estimated 1.34 lakh acre was under mustard cultivation in 2021-22, highest in last 15 years. Since 2007, farmers are sowing mustard on 30,000 hectares or 74,000 acres every year Bathinda: After diversifying to Mustard crop (about 44% jump) in the 2021-22 rabi season, enterprising farmers are now reaping profit by selling the produce for up to Rs.7,000 per quintal, 28% higher than this...

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