India plans for rapid procurement of kharif crops at MSP the marketing season 2020-21

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Indian government agencies have continued to procure kharif 2020-21 crops at the designated minimum support prices from farmers as during the current kharif marketing season (KMS) 2020-21 which commenced early this month. According to a Press Information Bureau note, total procurement of paddy across all states in India increased by 48 per cent from 17.7 […]

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India will reap record summer season food grain crop of 144.52 million tons, government estimates show

India will harvest a record 144.52 million tons of food grains production for the current summer season, helped by above average monsoon rainfall, according to the government’s first estimate for the season. The production estimate is 9.83 million tons higher than that of last year. The output of the main summer season staple will climb to a […]

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India announces new support prices for winter crops amid controversy over new farm laws

India’s cabinet announced an increase in the minimum support prices (MSP) of all winter season crops, soon after approving key farm laws that stirred conjecture whether support prices will be discontinued. The highest increase in MSP is for lentils (Rs 300/100 kg), followed by gram, rapeseed and mustard (Rs 225/100 kg) and safflower Rs 112/kgPrices […]

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Heavy rains affected crops like paddy, pulses, oilseeds, vegetables in India, says minister

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Heavy rains in some parts of the country have affected standing crops including paddy, pulses, oilseeds, spices, fruits and vegetables, Agriculture Minister Narendra Singh Tomar said in a written reply in the Rajya Sabha. “There have been extreme weather events in the form of heavy rains in some parts of the country which affected the standing crops,” he said.  Tomar […]

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Falling prices, Covid uncertainty to temper Australia’s agri earnings

Agriculture’s crop-led recovery from drought remains on track but falling prices and global economic uncertainty from COVID-19 is forecast to temper earnings, the Australian Bureau of Agricultural and Resource Economics (ABARES) said in a statement. ABARES’ September Agriculture Commodities report forecast the gross value of production to stay unchanged at $61 billion despite a significant […]

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Strong monsoon rains to lift farm output in India’s pandemic-hit economy

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India’s agriculture will provide a silver lining to its Covid-hit economy with a bountiful monsoon set to increase the summer crop output by 3% this year, according to CRISIL research analysts at a webinar on Monday. “Agriculture has been behind most recessions in India. This time we have a different situation where agriculture is playing […]

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Interview – Drones punched above their weight in stopping locust attacks on India

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Faced with one of the worst-ever locust attacks in the midst of the ongoing covid pandemic, India recently deployed drones for the first time to check the pest invasion. Vignesh Santhanam, India Lead for Drones and Tomorrow’s Airspace, World Economic Forum, spoke to Biman Mukherji of indoasiancommodities.com on how this technology was used to thwart a potentially devastating […]

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