India’s wholesale inflation rises to 2.93% in February 2019

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, […]

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Eggs, chicken to turn costlier in India as feedstock prices rise

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 […]

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IGC trims 2018-19 world grains production forecast

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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 […]

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India projects record 2017-18 foodgrain output at 285 million tonnes

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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, […]

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World cereal production prospects trimmed and stocks heading sharply lower in 2018/19 – FAO

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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 […]

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