-The Economic Times NEW DELHI: A spell of rains that fell across north, northwest and central India since Friday is expected to boost planting of wheat, chick pea, mustard and oilseeds. The cool temperature, though has set in late, is beneficial for the standing wheat crop, but potato and other vegetable crops could suffer from cold and frost conditions. According to data from the agriculture ministry, total area covered under rabi...
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Low MSP for cotton may ruin many Maharashtra farmers -Aparna Pallavi
-Down to Earth Untimely rains have damaged cotton and soyabean crops all over the state As if prevailing drought-like situation and other natural calamities in 2014 were not enough, the low procurement prices for cotton produced in the state are set to destroy the agricultural economy of the state. The state government has started cotton procurement for the season at the dismal minimum support price (MSP) of Rs 4,050 per quintal. This, allegedly,...
More »Left over on the table -Ajay Jakhar
-The Indian Express India seems relieved, having convinced the United States to advocate on its behalf at the WTO regarding the issues arising from its food security programmes, while food-exporting nations are rejoicing at New Delhi signing on the dotted line without insisting on a reduction of farm support in developed countries. As we defend public procurement and stock holding, they will be looking at opportunities to export to India high-value...
More »Now high, now low of onion market in Karnataka -Girish Pattanashetti
-The Hindu Cabinet announces relief, rules out MSP HUBBALLI (Karnataka): The State Cabinet on Wednesday ruled out the possibility of a minimum support price (MSP) for onion while announcing a compensation of Rs. 9,000 a hectare for crops damaged due to rains in Chitradurga, Davangere, Gadag, Dharwad and Bellary districts. This has come on the heels of growers protesting crashing prices of their produce. A macro view of market scenario shows that fluctuations...
More »Your food is not cheaper yet, but wait a while -Harish Damodaran
-The Indian Express * Have global agri-commodity prices fallen? By how much? They have. The Food and Agricultural Organisation's latest Food Price Index (base: 2002-04 = 100) of 192.3 for October is down 6.9 per cent compared to a year ago, and 19.1% below the all-time high of 237.7 reached in February 2011. Prices of commodities such as corn, wheat, soybean, sugar and palm oil traded in international futures exchanges are today...
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