Agri News India

“Cotton exports have been sharply up and hence we expect prices to move upwards in the coming week. Due to excess rainfall, there is more moisture in cotton and arrival of good quality cotton has been delayed, giving support to the prices,” said Gnanasekar Thaigarajan, director, Comtrendz Research. from Agriculture-Economy-News-Economic Times https://ift.tt/2S7neFN

The UP government said the policy will also help deliver schemes of the central and state government and impart the latest farming techniques in a better way to farmers who are part of the FPOs. from Agriculture-Economy-News-Economic Times https://ift.tt/30kmC4p

Under the scheme, the government has extended twice the interest subvention that comes up to Rs 4,600 crore for a loan amount of Rs 22,000 crore. from Agriculture-Economy-News-Economic Times https://ift.tt/3mUYsal

"About 5,637 tonnes of paddy at MSP of Rs 1,868 per quintal has been procured from farmers of Haryana and Punjab till September 27. The procurement of paddy for the remaining states commenced from today," the Union Agriculture Ministry said. Paddy worth Rs 10.53 crore MSP value has been procured from 390 farmers of Haryana and Punjab in the last 48 hours, it said in a statement. from Agriculture-Economy-News-Economic Times https://ift.tt/3cBRAK6

The ministry has also issued the uniform specifications of food grains for Central Pool procurement for the ensuing Kharif Marketing Seasons 2020-21. from Agriculture-Economy-News-Economic Times https://ift.tt/30f1Enz

Only about 50% or less of the household income of cultivating farmer comes from farming with the rest made up of wages, off-farm and non-farm work. Therefore, nonfarm sources of income are suggested to be crucial for small farmer families to escape poverty or earn a decent livelihood. from Agriculture-Economy-News-Economic Times https://ift.tt/3i9wPXw

Participating in the webinar 'India- Arkansas Partnership: Food Processing, Logistics and Manufacturing', Governor Hutchinson said trade opportunities in Arkansas and India, and collaboration in them would be beneficial for both economies. from Agriculture-Economy-News-Economic Times https://ift.tt/3kWkUy6

It is currently being quoted at Rs 130-150 a gram in the wholesale market, and is expected to drop further as the new harvest is expected in two weeks, industry executives said. from Agriculture-Economy-News-Economic Times https://ift.tt/2Gc7H4X

"Maharashtra produces 90 to 100 lakh tonnes of sugar every year. We are moving ahead to cut the production by 10 lakh tonnes every year, and take up ethanol production and provide it to petroleum companies," Maharashtra State Co-operative Sugar Factories Federation Chairman Jayprakash Dandegaonkar said. from Agriculture-Economy-News-Economic Times https://ift.tt/3kU4wy6

"This is a new retail price intervention mechanism which has been approved by the Group of Ministers recently. Under this initiative, the central government will provide processed moong and urad to state governments either in bulk quantity or in one or half kilo pack for retail sale," Consumer Affairs Secretary Leena Nandan said. from Agriculture-Economy-News-Economic Times https://ift.tt/3jkXySp

Surveys show 42% of farmers want to move out of it. Between 1970-71 and 2015-16, the number of farms more than doubled from 71 million to 145 million while the average farm size more than halved from 2.28 hectares to 1.08. The main solution lies in moving people out of agriculture into manufacturing and services. Other measures are only palliatives. from Agriculture-Economy-News-Economic Times https://ift.tt/2RZTL0H

According to the ministry, state procuring agencies including Food Corporation of India (FCI) are in a state of readiness for smoothly undertaking procurement operations. The Centre has fixed MSP for 'common variety' paddy at Rs 1,868 per quintal and for 'A' grade variety at Rs 1,888 per quintal for the current year. from Agriculture-Economy-News-Economic Times https://ift.tt/3i4tgSl

Farmers have planted crops in a record 111.68 million hectares including 40.17 million hectares rice planting, which is 5.56% more than last year. Area under pulses has risen 4% to to 13.93 million hectares. from Agriculture-Economy-News-Economic Times https://ift.tt/3j4oqWm

An official at the agriculture ministry said that the centre has categorically stated that the scheme is based on idea of direct benefit transfer to farmers’ account and “routing money through state government would be against the spirit of the scheme.” from Agriculture-Economy-News-Economic Times https://ift.tt/3kR3i6n

Maharashtra-based pulsez processor Nitin Kalantry said, "Tur prices rose to Rs 90/kg during lockdown, which later corrected to Rs 82/kg. However, now they have started spiralling upward again. Pulses prices are likely to shoot up after October 5, when an uptake in demand for pulses is expected due to festival season demand." from Agriculture-Economy-News-Economic Times https://ift.tt/2FS9Lzs

It said a review of procurement practices would encourage farmers to plant other crops. “The commission also recommends that open-ended procurement policy for rice and wheat should be reviewed and farmers should be incentivised to shift to oilseeds, pulses and nutri-cereals through effective procurement policy for these crops under PM-AASHA,” it said. from Agriculture-Economy-News-Economic Times https://ift.tt/3kM290a

During the Green Revolution, farmers embraced modern technology developed by agricultural institutions, and exhibited a willingness to adapt to change. A moment has come for the farmer community to make a choice yet again. from Agriculture-Economy-News-Economic Times https://ift.tt/2G3mejw

Average wholesale onion prices at the benchmark Pimpalgaon market in Nashik district increased from 27/kg on September 14 to 36/kg on September 22. Prices are comparatively lower in North India, with wholesale prices ranging between 12/kg and 35/kg on Tuesday. In retail, good quality onions are selling at 40-60/kg. from Agriculture-Economy-News-Economic Times https://ift.tt/2ErfcEy

Rice production is likely to be 102.36 million tonnes, 0.38 million tonnes more than the previous year’s estimated production and 6.7 million tonnes higher than the previous five years’ average production of 95.66 million tonnes. from Agriculture-Economy-News-Economic Times https://ift.tt/33TFCYv

From the focus on improving the acreage under irrigation and encouraging farmers to diversify into allied activities such as dairying and beekeeping, to hikes in MSP and direct financial assistance worth thousands of crores, a series of measures have marked a fresh approach which stands out from the false, populist pronouncements made by previous governments. from Agriculture-Economy-News-Economic Times https://ift.tt/3iWZ90s

To gauge the scale of what’s being done, picture the depth of the stasis: 119 million cultivators and 144 million farmhands — taken together, 10 times Australia’s population — yoked to a marketplace designed to be anti-competitive, and denied the lift in productivity that propelled urbanization from Japan and South Korea to Taiwan and China. from Agriculture-Economy-News-Economic Times https://ift.tt/3hXlXfb

​​Most onion traders have been established in the trade for over two decades. However, this regulated marketing system, despite its best intentions, has induced significant downsides. from Agriculture-Economy-News-Economic Times https://ift.tt/3hV0AuT

A decision in this regard was taken at a meeting of 31 farmer organisations held at Moga in which it was decided to make the occasion historic by not taking the support of any political party, farmer leaders said. from Agriculture-Economy-News-Economic Times https://ift.tt/32Sp186

In a report, it also said that MSPs are an important driver of food price inflation when there is public procurement and this, along with other factors such as negative real rural wage growth, should lower food price inflation. from Agriculture-Economy-News-Economic Times https://ift.tt/35Z0sIp

The bill, passed on Tuesday, was approved by the lower house last week and replaces an ordinance promulgated in June. from Agriculture-Economy-News-Economic Times https://ift.tt/3hU8vZm

The price of moong and chana whose MSP was hiked by 6.3% and 4.6%, respectively, rose slightly in major wholesale markets of Mumbai, Indore and Delhi on Tuesday, said Suresh Aggarwal, president of the All India Dal Mills Association. from Agriculture-Economy-News-Economic Times https://ift.tt/3j7rMI4

India’s farm equipment sales have been improving since a barren April, when all sorts of manufacturers across the country were forced to halt production and the top carmakers didn’t report any vehicle sales. from Agriculture-Economy-News-Economic Times https://ift.tt/2ErdS4K

Some sections of industry have lately come to pin recovery hopes on a rural/farm revival, based mainly on factors such as rising tractor sales over the past couple of months. But agriculture is just 14% — or roughly one-seventh — of GDP and hence can't make up for the suffering of the rest of the economy. There are other reasons too. from Agriculture-Economy-News-Economic Times https://ift.tt/33LZblu

"These visionary bills will ensure a sustainable and profitable future for the farming community," FAIFA said in a statement. from Agriculture-Economy-News-Economic Times https://ift.tt/2RMMVvj

Farmers will be able to enter into agreements with food processors to grow processable varieties and sell them at assured prices. Nor will they be restricted in to whom and where they sell their produce. from Agriculture-Economy-News-Economic Times https://ift.tt/2RJHE7Q

The government has raised minimum support prices (MSP) of the rabi, or winter-sown, crops by up to 6.3% and announced the new rates a month before it usually does to reassure farmers that the new laws on agriculture will not dilute MSP operations. from Agriculture-Economy-News-Economic Times https://ift.tt/2ZZ3lVY

The new laws for agriculture will significantly benefit farmers, and have absolutely nothing to do with the system of minimum support prices (MSP), which will continue, Agriculture Minister Narendra Singh Tomar said. from Agriculture-Economy-News-Economic Times https://ift.tt/2RL9VL1

Prime Minister Narendra Modi's cabinet had issued emergency executive orders in June to change the longstanding rules that govern the vast agriculture sector, which contributes nearly 15% of the output of the $2.9 trillion economy and employs around half of India's 1.3 billion people. from Agriculture-Economy-News-Economic Times https://ift.tt/35Wq1d1

The announcement comes in the backdrop of widespread protests by Opposition parties as also by farmer groups in Punjab, Haryana and some other states after Parliament passed two key farm bills on Sunday, which the government says will give farmers' marketing freedom and better price for their produce. from Agriculture-Economy-News-Economic Times https://ift.tt/3hUzO5H

The target for the 2020-21 crop year (July-June) was set at the National Conference for Rabi Campaign 2020, which was held on Monday to review the progress of the kharif (summer-sown) season and plan for the rabi crops. from Agriculture-Economy-News-Economic Times https://ift.tt/2RKyKqB

The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020 and the Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020 were passed on Sunday after getting the nod from the Lok Sabha earlier in the week amid protests from Opposition. The bills will replace ordinances promulgated in June. from Agriculture-Economy-News-Economic Times https://ift.tt/2HccUu0

The bills remove restrictions on sale and transportation of farm produce and allows them to enter into contracts with large buyers at an assured price. from Agriculture-Economy-News-Economic Times https://ift.tt/3mxbwm5

Arhtiyas are also politically influential. In all probability, they call the shots in the ongoing protests. But there are two features of the bills that invite valid opposition: one, infraction of the states’ right to decide on intra-state commerce in agriculture, and two, officer-led dispute settlement outside the ambit of judicial review. from Agriculture-Economy-News-Economic Times https://ift.tt/32J78bx

The present law dilutes the power of the middleman. The farmer is now free to sell his produce to whoever he wants to at whatever price he negotiates. It basically removes the middleman, the adhtiya, who operate in the mandi, i.e. the Agricultural Produce Marketing Committee (APMC). So the farmer has more options, and how can that be a bad thing? from Agriculture-Economy-News-Economic Times https://ift.tt/33IDNNW

The government has undertaken landmark agricultural reforms, freeing farmers from restrictions on sale of their produce and ending the monopoly of traders. from Agriculture-Economy-News-Economic Times https://ift.tt/32Jt0Uv

The agriculture sector has held up quite well in the Covid-induced GDP crash, even as the virus is spreading to smaller towns and the hinterland. Q1GDP data bears testament to this. from Agriculture-Economy-News-Economic Times https://ift.tt/2ZS28Q9

Private sector participation will enable farmers to realise better prices, access cold storage facilities and, thereby, boost value realisation, enabling them to safeguard themselves from price fluctuations. from Agriculture-Economy-News-Economic Times https://ift.tt/32I9Pu3

Describing bamboo as a silver lining in the dark clouds of the pandemic, Singh said it will help in shaping the economy of the Northeast and the entire country in post-COVID era. from Agriculture-Economy-News-Economic Times https://ift.tt/2FLsSL9

Area under rice has risen to 40.69 million hectares from 37.87 million hectares at this time last year. Area under pulses has risen 4.74% while area under cotton is up 2%. from Agriculture-Economy-News-Economic Times https://ift.tt/2FL2NvJ

Minister of Food Processing Industries and the only SAD representative in the Modi government, Harsimrat Kaur Badal, resigned from the Union Cabinet as well, protesting against the bills, which she says will destroy the agriculture sector in Punjab. from Agriculture-Economy-News-Economic Times https://ift.tt/2FwfU49

Despite demand destruction, the year-on-year increase in price is 24% for groundnut oil, 37% for mustard oil, 26% for sunflower oil, 35% for refined palm oil and 17% for refined cottonseed oil. There will not be any relief from high edible oil prices at least until mid-October. from Agriculture-Economy-News-Economic Times https://ift.tt/3iHgI4r

The government is keen to top up the agricultural reforms rolled out as part of the Atma Nirbhar package that includes allowing farmers to sell their produce freely and de-regulating trade in cereals, edible oils, pulses, onions and potatoes under the Essential Commodities Act. from Agriculture-Economy-News-Economic Times https://ift.tt/2E9WEsk

Lok Sabha passed the Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Bill and Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Bill on Thursday night sitting over two and a half hours beyond the designated time of 7 pm to wrap up the discussion. from Agriculture-Economy-News-Economic Times https://ift.tt/33Cy7oz

“This is for the first time we expect foodgrains output to cross 300 million mark. This is primarily due to good monsoon and healthy water storage in key reservoirs which will ensure uninterrupted irrigation for winter crops. We expect foodgrains production in kharif to be 149.35 million tonnes while that in Rabi to be 151.65 million tonnes,” said a senior agriculture ministry official. from Agriculture-Economy-News-Economic Times https://ift.tt/35O9lo6

The minister clarified that these bills would not have any impact on the Minimum Support Price (MSP) mechanism which will continue. from Agriculture-Economy-News-Economic Times https://ift.tt/2RCvgWY