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Cotton Association of India asks MCX to prevent speculation in Cotton Futures

-The Hindu Business Line CAI asks officials to take "immediate steps to avoid distortions in cotton prices." Cotton trade body Cotton Association of India (CAI) has raised concerns about alleged speculative trades taking place on the Multi-Commodity Exchange (MCX) platform. Citing a sharply lower open interest (OI) in MCX Cotton Futures for the May 2022 contract, CAI has flagged serious distortions in cotton prices causing speculative movements and asked the Exchange to...

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Sustainability and food security -Nilanjan Ghosh

-The Hindu Business Line The South Asian population has been growing at the rate of 1.5 per cent per annum, and agricultural production at 2.5 per cent per annum has been keeping pace with the demographic trends, thereby creating the necessary provision for food. Yet, the inherent problems of distribution have loomed large for South Asia. India's National Food Security Act, 2013, emphasises defining certain target groups and highlights the importance...

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Like US, agriculture ministry needs a wing to collate dependable farm data-Tejinder Narang

-The Economic Times The fear of drought in India has abated with late precipitation of the monsoon in September this year. However, the country continues to suffer from a drought of formalised tabulated data of agro items on a real-time or monthly basis, though many estimates continue to fatigue the print and electronic media.  Red or green prices flashing on computer screens are taken for 'granted', but the discovery of future or...

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Budget could have done more for the farm sector: Agri experts

Several agri-experts, including noted scientist M S Swaminathan, today said the Budget 2011-12 did not address several important issues facing agriculture, although they welcomed some proposals as being pro-farm. Swaminathan, known as the father of the Green Revolution in India, said the Budget had several good proposals but it did not have a strategy to keep farmers on farm and attract youth in the agriculture sector. "It is unfortunate that in a...

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Potato prices to fall on good stocks, new crop by Sandip Das

After a significant jump in retail price of potato in the last two weeks due to disruption of supplies on account of heavy rain in northern India, prices are all set to fall because of huge stocks with traders in Uttar Pradesh and West Bengal, the two biggest potato producing states and expected arrival of the new crop from Punjab next month. Traders in Uttar Pradesh and West Bengal, who were...

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