The government’s latest estimates show that foodgrain production in the crop year 2010-11 rose sharply by 10.75% to a record 241.56 million tonnes (mt), a move that could potentially have a dampening effect on inflationary expectations. The impressive increase led by wheat, maize and pulses is revealed in the final estimates for 2010-11, and is partially explained by the fact that 2009-10 was a drought year. The crop year extends from July...

-Press Trust of India   The food ministry has opposed the proposal of the Commission for Agriculture Costs and Prices (CACP) to hike the support price of paddy by R160 per quintal to R1,160 per quintal for 2011-12 crop year. Paddy minimum support price (common grade) was at R1,000 per quintal last year. The CACP, which suggests minimum support price (MSP) of 40 agri-commodities, has recommended support price for paddy (common grade)...

India is growing more wheat than it ever was. While other leading wheat producing countries like China and US are witnessing a decline in output, the country has stood as an exception with an estimated record production of 84.27 million tonnes of the staple foodgrain this year. Russia, Canada and Australia, too, are witnessing a downturn. “India is gaining internationally in the wheat production,” S S Singh, Project Director of Directorate of Wheat...

With the arrival of wheat in terminal markets, all is not well as the weather still hold the keys. The partly cloudy weather in two major wheat producing states, Punjab and Haryana, has the farmers worried. According to the Meteorology Department, Chandigarh — there are chances of light to moderate rainfall after a couple of days in few parts of Punjab and Haryana. Officials in Haryana Agriculture Department said rain was not...

With wheat production expected to touch a new high during the ongoing Rabi season, a demand for its export has gained ground in UP. The export, is seen as the only way to help ease the problem of plenty and also to ensure remunerative prices to farmers. Incidentally, India's overall wheat production is also estimated to go up substantially. This comes at a time, when there is a global slump with...