Minimum Support Price hikes add to the woes of India’s farm exports


India’s farm exports are at a severe peril. First, a global oversupply in agricultural commodities has led to constantly declining agricultural commodity prices. To add to its woes, sustained and regular increases in the minimum support price (MSP) of agri commodities by the Indian government has over-priced the country’s agricultural commodities in the world market. […]

Read more

Australia says farm production forecast to top $60 billion next fiscal

The gross value of Australia’s farm production is forecast to pass $60 billion for the first time next financial year, according to the latest figures from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) The expected modest rise in value was bolstered by improved prospects for livestock and cropping industries, said ABARES Executive […]

Read more