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Kharif crops: Farm groups petition agri price panel for remunerative MSP

-The Hindu Business Line Want change in methodology of cost computation New Delhi: A number of farmers’ groups from across the country have given a joint submission to the Commission for Agricultural Costs and Prices (CACP) seeking a remunerative minimum support price for Kharif crops. The farmers have demanded that CACP conduct a special study on how demonetisation has adversely impacted agriculture and recommend a special component in Kharif 2017-18 as compensation. A...

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Lower production could spike vegetables prices in coming months -Madhvi Sally

-The Economic Times NEW DELHI: The price of vegetables, particularly onion, could rise in the coming months as the government has estimated that output is slightly lower than last year. Horticulture output has not kept pace with the robust growth in the estimated production of foodgrains and oilseed in the crop year to June 2017, advance estimates of the agriculture ministry showed on Friday. Production of vegetables is estimated to be around...

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Budget and agri-commodity trading: Searching for a spot in the future -Pravesh Sharma & Raghav Raghunathan

-The Indian Express Integration of spot and derivatives markets for farm produce via e-NAM can be a potential game-changer There isn’t much from the recent Union Budget as far as new ideas for agriculture goes, yet it sends out a couple of signals suggesting the Narendra Modi government’s intent to integrate farmers better with the markets. One such signal is the proposal to come out with a ‘model law’ on contract farming for...

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Bumper foodgrain output expected in 2016-17 but production during rabi may be lower vis-a-vis 2013-14

After facing intense criticisms from various sections of the society following its policy of demonetisation during November-December, 2016, the NDA government has finally something solid to cheer about. Riding on the back of a normal monsoon, gross foodgrain production is likely to reach a record level of about 272.0 million tonnes in the crop year 2016-17. As per the second advance estimates of foodgrain production, which has been released by...

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Good news! Your food bill in 2016-17 set to fall; here's why

-The Financial Express Higher output of rice, wheat and pulses to soften retail prices Supported by normal monsoon last year and more than normal kharif and rabi sowing, the country’s foodgrain production in 2016-17 crop year is estimated to increase by 8% from the previous year to record 272 million tonne (mt). According to the second advance estimates of production of major crops — rice, pulses, oilseeds, cotton and sugarcane for the crop...

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