Higher support prices for kharif pulses has resulted in a sharp jump in acreage under cultivation and production is estimated to rise to 6 million tonnes in the kharif season of the 2010-11 crop year The support price for wheat is likely to be hiked by a nominal Rs 20 in the rabi season, but the procurement rate for pulses could go up sharply, as the government wants to reduce dependence...

The sugarcane growers in Orissa’s Ganjam district have urged the authorities of Aska Cooperative Sugar Industry (ACSI) to fix the cane price at ' 2500 per quintal at the field level during the coming crushing season. The factory authorities had paid '1700 per quintal to the cane growers last year. The sugarcane farmers want increase in cane prices to be announced before the start of the crushing season which begins from...

Global foodgrain prices are likely to remain high in the coming months despite high output estimates this season. Bad weather in Brazil and Russia and rising global demand have made the grain market sensitive. The assessment of the damage due to dry weather in Russia, Western Australia and South America and floods in India, China and Pakistan is yet to be done. This is offering grain traders speculative opportunity on futures...

The higher purchase price announced by the government has finally driven farmers to set aside more land for pulses this kharif, but experts doubt the approach can fill the increasing gap between demand and supply of this increasingly important source of protein for Indians. In the short-term though it could help reduce imports of pulses, running into thousands of crore every year. This year the acreage for pulses is pegged...

In response to the Supreme Court order on rotting foodgrain, the Centre has decided to distribute wheat and rice to poor families at Rs 2 and Rs 3 per kilo, respectively. The Ministry of Food and Public Distribution System is also expected to brief the apex court on the steps taken to address the problem. In a letter to all states, the Centre has urged the state PDS machinery to distribute...