-The Indian Express * Have global agri-commodity prices fallen? By how much? They have. The Food and Agricultural Organisation's latest Food Price Index (base: 2002-04 = 100) of 192.3 for October is down 6.9 per cent compared to a year ago, and 19.1% below the all-time high of 237.7 reached in February 2011. Prices of commodities such as corn, wheat, soybean, sugar and palm oil traded in international futures exchanges are today...
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Farm distress looms as global crop prices crash after 10-year bull run -Harish Damodaran
-The Indian Express For the last 10 years, farmers in India benefited from both increased production and higher price realisations - leading to rising rural incomes and declining poverty rates. That happy story may now be near its end - which could be the precursor to a renewed crisis in agriculture. The main reason is declining global prices for most agri-commodities (see Table 1). Over the last five-six months, corn, wheat and...
More »Organic agri production rises in State
-The Pioneer Bhopal (Madhya Pradesh): As a result of the State Government's tireless efforts to promote organic farming in Madhya Pradesh, organic agriculture production in the State has risen to 5 lakh MT, about 40 per cent of country's total production. Cotton, wheat, foodgrains, fruits and vegetables are mainly produced through organic farming in the State. A study by industry body, Asshocham, said that MP has the potential to produce wealth of `23,000...
More »Good harvests, abundant inventory continue to drive international food prices down – UN
-United Nations Food markets are more stable and prices for most agricultural commodities are sharply lower than they have been in recent years, according to the latest edition of the biannual Food Outlook report released today by the United Nations Food and Agriculture Organization (FAO). According to a statement released by the Rome-based FAO, bumper harvests and abundant stockpiles are key factors helping drive down international food prices. World wheat production in 2014...
More »India likely to see below average to average rains: World Meteorological Organization
-Reuters PUNE: India and its South Asian neighbours are expected to see below average to average rains this year if the El Nino weather pattern gains strength during the four-month monsoon season, a forum of weather experts said on Wednesday. Poor monsoons could dent crop output in India - the world's No.2 rice and sugar producer, while less rains in soybean areas could make the country, already the world's top importer...
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