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Bearish signals: When minimum support price is only on paper

-The Indian Express For the Modi government and farmers, it’s not MSPs for rabi, but below-MSP rates for kharif crops now being marketed, that should really worry. New Delhi: Promising something is much easier than having the capacity to deliver. This is a reality that the Narendra Modi government may have to reckon with in the current kharif marketing season itself, even as it has announced a fresh round of minimum support...

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India's Kharif crop output may hit all-time high this year; how it may impact rice exports, MSP

-Financial Express After government estimates said that Indian agriculture could be heading for bumper kharif crop harvest, experts say that it could provide a major fillip to rice exports. However, the development could potentially put increased pressure on the government to buy the crops at the MSPs, if market rates fall below the benchmark rates on bumper arrivals at mandis. According to government estimates production of kharif foodgrains for 2018-19 crop year...

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Moong drops below MSP even as arrivals begin in N Karnataka -Vishwanath Kulkarni

-The Hindu Business Line Farmers want Govt to begin purchasing immediately Bengaluru: As the new kharif moong (green gram) hits the markets in North Karnataka, prices of the pulses crop are trading lower at around Rs.5,100 a quintal, much lower than the minimum support price of Rs.6,975 announced by the Centre. In fact, the prevailing prices in the State are also lower than last year’s support price of Rs.5,575/quintal, growers said, while demanding...

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Ramesh Chand, member, NITI Aayog, interviewed by Seetha (Firstpost.com)

-Firstpost.com The recent increases in minimum support prices have attracted two criticisms from two opposite sides. One is that this is less than what farmers deserve, the second is that this is populist and ignores larger macro side effects. The increase in fair remunerative price for sugarcane has also been criticised for not adequately addressing the woes of the sugar sector. Ramesh Chand, member, agriculture, NITI Aayog talks to Firstpost on...

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Higher arrivals pull onion prices down to new low -Vishwanath Kulkarni

-The Hindu Business Line Bengaluru: With onion prices at their lowest level in calendar year 2018, exporters said the Centre should bring back incentives to ship out more bulbs, to help stabilise prices and provide better returns to farmers. As the harvest of the rabi onion crop gains pace across the key producing regions of Maharashtra and Karnataka, prices have declined drastically, leaving growers in tears. At Lasalgaon, the largest onion market...

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