Cotton prices may fall further on higher output, weak demand: Ind-Ra report

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Cotton prices continued to reduce in August 2019, mainly due to a fall in international prices, rating agency India Ratings and Research (Ind-Ra) said in its latest report, adding that it expects prices to fall further as global production is likely to be higher than demand growth. With local prices (MSP) being higher than international […]

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Indian farmers to only partially benefit from new MSP rates, says Ind-Ra

India Ratings and Research (Ind-Ra) agency said that the current problem faced by farmers is essentially an agricultural distress and not a generalised rural distress, and farmers’ distress is essentially emanating from shrinking agricultural margins. It added that farmers will partially benefit from the recent hike in minimum support price that’s been fixed at 1.5 […]

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