Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
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Punjab farmers holding back wheat stocks in hopes of better prices -Vishal Joshi
-Hindustan Times Field studies and market trends show wide disparity between drop in crop yield and drop in wheat arrival at mandis in semi-arid belt of Punjab’s Malwa region Bathinda: Field studies conducted by the state agriculture authorities reveal that districts in the semi-arid belt of Punjab’s Malwa region have recorded a drop of 8-17% in wheat yield even as the market trend indicates a much wider gap in crop arrival in...
More »Heatwave: Crop losses to be large; wheat and vegetables hit the most -Sandip Das
-Financial Express The third advance estimate of wheat production by the agriculture ministry is expected to be released this month. Heatwave conditions since the middle of March have caused significant damage to the standing wheat crop, especially in Punjab, Haryana, Rajasthan and Uttar Pradesh, all major producers of the staple cereal. Early estimate says that the crop damage would be of the order of 15-20 million tonne, meaning wheat output in 2021-22 crop...
More »Summer crops may be damaged this year due to temperature rise: Experts -Raju Sajwan
-Down to Earth States accuse the Centre of not taking any initiative to help them increase production of summer crops Agricultural experts have warned that an unusually hot March and April this year may cause damage to summer crops, which are grown in the Indian subcontinent between ‘Rabi’ (winter) and ‘Kharif’ (monsoon) crops. States have also accused the Centre of not taking any initiative to help them increase production of summer crops...
More »Mandi prices of key Rabi Crops above MSP on strong demand -Sandip Das
-Financial Express Traders told FE that for mustard, the biggest domestic oilseed variety, prices at Bharatpur mandi, Rajasthan, are currently ruling around Rs 6,800 per quintal against the MSP of Rs 5,050 a quintal, while wheat in Sehore mandi, Madhya Pradesh, is currently being sold at Rs 2,150 a quintal against MSP of Rs 2,015 a quintal. As market arrivals have peaked, mandi prices of key Rabi Crops — wheat and mustard...
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