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Govt revises wheat production estimate downwards by 5.7% to 105 mn tonnes

-PTI/ Business Standard The lowering of estimates has been attributed to "early summer" The government has revised downwards the estimate for wheat production by 5.7 per cent to 105 million tonnes in the 2021-22 crop year ending June from the earlier projection of 111.32 million tonnes, as the crop productivity has been affected due to the early onset of summer. Addressing a press conference, Food Secretary Sudhanshu Pandey said the agriculture ministry has...

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In Wake of Ukraine War, India Set to See Rising Food Grain Prices -Siraj Hussain and Shweta Saini

-TheWire.in The wholesale price inflation for wheat in March was 14%. The retail prices will, therefore, reflect the same once the peak arrival season is over, in June 2022. Even the critics of India’s public distribution system (PDS) acknowledge that it worked well during the Covid-19 pandemic. Additional allocations of free food grains at 5 kg per person per month, under Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), helped prevent mass hunger...

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India’s natural, organic farming strategy for rice and wheat -K Nagaiah, G Srimannarayana, and Phaniraj G

-Down to Earth This can help in targeting global export market, thereby feeding the world population and getting valuable foreign exchange for the country India is predominantly agrarian — 80 per cent of the population is directly or indirectly dependent on agriculture. Rice and wheat are the staple for 90 per cent of the country’s people.  Till the early 1960’s, the predominant mode of cultivation was what is now called “organic farming”, with...

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As wheat prices soar, India could become Asia’s ‘food bowl’ -Subramani Ra Mancombu

-The Hindu Business Line APEDA in touch with countries, exporters to ship out requirements, says its chairman With wheat prices soaring to a record high of $13.50 a bushel (nearly $500 a tonne) on the Chicago Board of Trade on Friday, India is reaching out to exporters and countries that are looking for wheat supplies. In addition, it is also looking to supply other agricultural commodities such as corn (maize) and rice, which...

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Cooking oil prices spike in India due to Russia-Ukraine crisis -B Krishna Mohan

-TelanganaToday.com Hyderabad: Prices of cooking oil are on an upwards spiral and have gained up to Rs 25 more per litre. The trade segments attribute the increase in prices to the tightening supplies of sunflower and safflower oils, both called as sun oils, to the Russia-Ukraine war. Also, palm oil imports are getting costlier due to the internal trade restrictions of Indonesia, the biggest producer of palm oil. On the other hand,...

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