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Food prices expected to be less volatile than in recent years, says UN agency

-The United Nations Improved supplies and a recovery in global inventories of cereals has led to less price volatility than in recent years, the United Nations Food and Agriculture Organization (FAO) said today, adding that food prices over the past month rose slightly, driven by higher sugar prices. "The prices for most basic food commodities have declined over the past few months. This relates to production increases and the expectation that in...

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Sugar economy faces crisis in riot-hit UP belt -Anil Sasi and Surbhi Khyati

-The Indian Express Riot-hit Muzaffarnagar may now be looking at a crisis in its sugar economy. With private mills in the state refusing to start crushing until the Uttar Pradesh government clarifies cane prices, harvesting of crop that should have begun by now has not yet started. A key cane-growing district, Muzaffarnagar is reported to have the highest agricultural GDP in UP. With recent incidents again bringing the district to a boil,...

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Cash-strapped cane farmers sell cheap in UP-Virendra Singh Rawat

-The Business Standard Panic selling to 'kolhu' (jaggery) units at Rs 160-250 a quintal in western parts of state Lucknow: With uncertainty looming large over sugarcane crushing in Uttar Pradesh (UP), farmers have resorted to selling the cash crop to kolhu (jaggery) units at Rs 160-250 a quintal in western parts of the state. Farmers in Muzaffarnagar, Shamli, Baghpat, Meerut and Bijnor have been queuing at kolhus, which make cash payment. There are...

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India set for bumper winter crops in wake of monsoon rains

-Reuters NEW DELHI/MUMBAI: India looks set for bumper harvests of winter crops such as wheat, chickpeas and rapeseed in the wake of a strong monsoon that has left the soil moist and topped up reservoirs. The crops will follow bountiful summer harvests of rice and soybeans due to the rains, with New Delhi looking to boost agricultural growth to cool double-digit food inflation and revive a slowing economy as manufacturing struggles. With next...

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India buys land abroad, 9 times the size of Delhi -Snehal Rebello

-The Hindustan Times Mumbai: Indian companies have acquired land more than nine times the size of Delhi on foreign shores, as cultivable land at home is lost to urbanisation, industry and infrastructure projects. Land Matrix, a global land monitoring initiative that tracks land dealings worldwide, placed India among the top 10 countries that have acquired large tracts of land abroad, primarily for agriculture, in Africa and Asia. The country ranks eighth,...

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