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At Rs 450/quintal, onion prices dive to 5-year low -Bhavika Jain

-The Times of India MUMBAI: Onion prices in the state have touched a five year low. The average price farmers have fetched for a quintal has been Rs 450. At the Lasalgaon APMC, the biggest market yard for onions in the country, the average price for a quintal has been Rs 740 in February 2016, when the state was reeling under a severe drought. Cost of Production for a quintal is Rs...

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Kharif crops: Farm groups petition agri price panel for remunerative MSP

-The Hindu Business Line Want change in methodology of cost computation New Delhi: A number of farmers’ groups from across the country have given a joint submission to the Commission for Agricultural Costs and Prices (CACP) seeking a remunerative minimum support price for Kharif crops. The farmers have demanded that CACP conduct a special study on how demonetisation has adversely impacted agriculture and recommend a special component in Kharif 2017-18 as compensation. A...

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Lower production could spike vegetables prices in coming months -Madhvi Sally

-The Economic Times NEW DELHI: The price of vegetables, particularly onion, could rise in the coming months as the government has estimated that output is slightly lower than last year. Horticulture output has not kept pace with the robust growth in the estimated production of foodgrains and oilseed in the crop year to June 2017, advance estimates of the agriculture ministry showed on Friday. Production of vegetables is estimated to be around...

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Budget and agri-commodity trading: Searching for a spot in the future -Pravesh Sharma & Raghav Raghunathan

-The Indian Express Integration of spot and derivatives markets for farm produce via e-NAM can be a potential game-changer There isn’t much from the recent Union Budget as far as new ideas for agriculture goes, yet it sends out a couple of signals suggesting the Narendra Modi government’s intent to integrate farmers better with the markets. One such signal is the proposal to come out with a ‘model law’ on contract farming for...

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Panel on doubling farmers' income mulls major reforms

-PTI The inter-ministerial panel is looking at suggesting market reforms in a big way and increasing focus on sub-sectors of agriculture like animal husbandry, poultry and fisheries Hyderabad: A committee formed by the Centre to double farmers’ income by 2022 is considering major reforms in agriculture sector, like adopting a profit-centric approach and to aim at increased productivity and reduced cost of cultivation. The inter-ministerial panel, constituted in April last year, is also...

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