India does not have enough surplus stocks of foodgrains for exports in the short-term and the country needs to boost its farm production significantly, to meet the expected rise in domestic demand by 2020, a top official of FCI said on Wednesday. "The country has adequate stock of foodgrains to meet our needs...there is not much surplus availability of the food grains for export in the short-term," Food Corporation of...
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Asia struggles to boost food output as inflation bites by Naveen Thukral
Asian governments, battling soaring food inflation, are pumping ever more resources into agriculture but will struggle to offset rapidly expanding demand in top consumers China and India. China, stung by consumer prices running at a 25-month peak, has been selling state stockpiles. It has also ordered banks to urgently offer support to farmers, an example of the sort of firepower these governments can deploy. With China and India also in many cases...
More »India’s Wheat Output may exceed 82 mn tonnes target this year
The country’s wheat production is likely to exceed the target of 82 million tonnes in the 2010-11 rabi season that started from mid-October, Agriculture secretary PK Basu said today. “We will easily beat the production target of 82 million tonnes this year, as good rains have boosted soil moisture which improves yield. Timely sowing, good supply of seeds and fertilisers would help increase the productivity of the crop,” P K Basu...
More »Wheat Output may rise 1.5% on good rain by Komal Amit Gera
The worries of state procurement and storage agencies may accentuate, as the wheat crop this rabi season is likely to have a higher output this year. The Ministry of Agriculture has projected a crop size of 82 million tonnes as compared to 80.71 million tonnes last year. “Although a bonus of Rs 20 a quintal is a pittance, it will not dissuade farmers from growing wheat, as it is a stable crop...
More »FAO predicts marginal fall in global cereal production by Gargi Parsai
Current production and stocks are adequate to cover the demand The global cereal production for 2010-11 is expected to be 2,239 million tonnes compared to 2, 261 million tonnes recorded in 2009-10, about 1 per cent lower than last year. Reduced output of wheat in the CIS (Commonwealth of Independent States) countries due to drought, as well as smaller crops in the European Union and North Africa, account for the decline. Even...
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