Inflation based on wholesale prices rose to 2.93% in February over the previous month due to hardening of prices of primary articles, fuel and power, according to latest government data. According to India’s commerce ministry’s latest release, the price of betel leaves, maize, arhar, bajra, barley, jowar, poultry chicken, moong, masur, wheat, paddy, urad, pork, […]
Eggs and chicken are set to become more expensive as the prices of poultry feed ingredients soyabean and maize are firming up due to a shortfall in supplies, companies and traders said. Traders expect maize production in the rabi season to drop further because of drought conditions in Maharashtra, Karnataka and Telangana. However, the situation […]
With small adjustments for wheat, maize and sorghum, the International Grains Council (IGC) has lowered its forecast for world total grains production in 2018/19 to 2,079 million tonnes, declined by 2 million tonnes from its earlier forecast and down 1 per cent year-on-year. In its latest monthly report, the inter-governmental body trimmed its forecast for […]
Did you know that not all bananas are yellow or curved like a half moon? Some are straight, some are stumpy, some are even red! There are actually 1,000 different varieties of bananas, but many of us wouldn’t know that from our markets or stores where Cavendish bananas are the ones primarily featured. Because they […]
World total grains (wheat and coarse grains) production is expected to decline by 1% in 2018/19, to a three-year low of 2,081m t, the International Grains Council (IGC) said in its latest monthly report, adding that a better maize harvest (+26m t y/y) is seen being outweighed by falls for other crops, especially wheat (-38m) […]
The UN food agency FAO has raised its forecast for this year’s global cereal production to 2 591 million tonnes, still 2.4 percent below the record high of 2017. Reduced rainfall in Australia and Canada are expected to lower wheat yields, which, however, should be offset by higher outputs in Algeria and the Russian Federation. […]
The UN food agency has forecast global cereal production in 2018 to reach 2 587 million tonnes, a small upward revision from July but a three-year low and 2.4 percent below last year’s record high level. The latest Cereal Supply and Demand Brief released by the Food and Agriculture Organization (FAO) cut by a notable 14 million […]
India said a near normal monsoon, which brought substantial rains across most of the country, should help output of food crops hit new records in 2017-18 and projected an all-time high foodgrain harvest of 284.83 million tonnes, 3.5 percent higher than the previous year. According to the fourth advance estimates released by the agriculture ministry, […]
Latest indications continue to point to a reduction in cereal output in 2018 and negative prospects for the cereal supply outlook for the forthcoming 2018/19 marketing season, the UN food agency said. Based on the condition of crops already in the ground and assuming normal weather for the remainder of the 2018 cropping seasons, FAO’s […]
The Indian government announced it was raising the minimum support price (MSP) for paddy and other key kharif crops in a move seen as an attempt to garner farmer votes ahead of key state and national elections . The Cabinet Committee on Economic Affairs, which met in New Delhi on Wednesday, called it a historic […]