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The author is correspondent with BW Businessworld
CARE ratings have released their second-quarter estimates for fertilizer industry with a positive comeback due to Rabi sowing and domestic dependency. Fertilizer Association of India is also set to organize its annual seminar on ‘Fertilizer & Farm Income’ topic. It shows a deep impact of union government’s policies on this industry.
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In the medium and the long term, GST, a major transformational tax reform, is going to improve the attractiveness of the country, draw more investments and result in higher and faster economic growth, Siraj Azmat Chaudhry, the Cargill India’s Head
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The recent estimates for global meat and dairy production by global agriculture information network is not very positive, on the one hand, India has already been projected to have 4.4 per cent growth in dairy production for this year, rest of the world is faring poorly as meat and dairy along with eggs that may be behind higher egg prices even in India
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The European Commission launched negotiations with a sweeping regulatory reform agenda for the organics sector in 2014, after three continuous years of uncertainty, over how and whether EU organic legislation would change. The Brussels agreement have reached to an answer
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The Gujarat government had announced 3.5 per cent per pound of bonus for cotton farmers by the state of Gujarat, which roughly translates to Rs 500 per quintal. This announcement has once again started a competition in policy makers to appease farmers. The payment is for farmers that sell their seed cotton to state procurement agencies and is in addition to the minimum support price (MSP) announced by the Government of India
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Argentina is one of the top Wheat producers in the world, often it joins the club of the biggest wheat exporters club of the world. Even a nation like India imports wheat from Argentina at times. This year it’s not a good projection for this wheat production giant of the world. This year the soil in Argentina has a lot of moisture in it during the initial weeks of sowing season, which had played a key role in the shortfall of wheat sowing in Argentina
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India is sitting on the edge of a double benefit in international supremacy via its agricultural produce. There is a news that Ethiopia has opened up the requirement for its food safety program, where it needs four lakh metric tonne of milled wheat. On the other hand, India is already sending its friendly wheat consignments to Afghanistan. As Ethiopia is looking for a cheap supply from any of the black sea nations, can India take chance to prove its supremacy in the Gulf of Aden as well
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"Our codes provide a platform to come for collaboration and give a better chance for trade stimulation", Karin
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With an increase of production in coarse grains and a very marginal shrink in wheat supplies for this month, United States Department of Agriculture had released its world production estimates for November. Gujarat with a potentially high yield of groundnuts has made India proud for oil production estimation by USDA
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Coarse grains may set a new production record and cereal production in the year is likely to surpass the last year’s production by a small margin. Wheat production to stay low and rice production may stay stable, BW Businessworld gives an estimate of world agriculture production by food and agriculture organisation of United Nations. Estimates by foreign agriculture service of USDA will also be shared for the current updates
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