Mumbai / Reuters – Above-normal temperatures have delayed rapeseed sowing in India’s top producing region by more than a fortnight and restricted acreage expansion, even though prices are trading near record highs, industry officials said. The delays are helping support rapeseed prices and could force the world’s biggest edible oil importer to increase overseas purchases of […] Read more
Scorching heat delays India’s rapeseed sowing
India’s drought a bonanza for Canadian pulse growers
Winnipeg/Mumbai | Reuters — Prices for Canadian pulses typically ease toward the end of the year but a recent dry spell in distant India, the world’s top producer and consumer, is driving them up. Back-to-back drought years for the first time in three decades has eroded India’s output of pulses and boosted imports. Global prices […] Read more
Traders squeezed as Indian farmers turn stockpile gamblers
Access to low-interest capital allowing some farmers to wait rather than sell at lower prices immediately after harvest
Reading Time: 2 minutes Farmers such as 68-year-old Ghanshyam Gokale are quietly shaking up agricultural commodity trading in India, forcing the likes of top soybean processor Ruchi Soya to shift its business model away from futures contracts and towards the “spot” market. Gokale, and other prosperous growers like him, has stopped selling his crops immediately after harvesting. Instead, he […] Read more
India onion prices fuel food inflation
Onion prices in India hit a two-and-a-half-year high on Wednesday riding a supply squeeze due to last year’s drought in key growing areas, and traders expect prices to spiral up further in a month as demand remains strong due to Ramadan. Onion is a common ingredient in many Indian dishes. Soaring prices of the vegetable […] Read more
India
Reading Time: 4 minutes Ajit Govind Sable s family has owned their farm in India s western Maharashtra state for 10 generations, which even for a region that has been farming for more than 10,000 years is long enough to witness plenty of changes. Two generations back, they started cultivating sugar cane here in Shivthar, a village in Maharashtra […] Read more
India
Reading Time: 4 minutes Ajit Govind Sable s family has owned their farm in India s western Maharashtra state for 10 generations, which even for a region that has been farming for more than 10,000 years is long enough to witness plenty of changes. Two generations back, they started cultivating sugar cane here in Shivthar, a village in Maharashtra […] Read more
Good Harvest Profits Not Aplenty For India’s Farmers
Reading Time: 2 minutes Cotton farmer Ravindra Krishna Patil in India s Maharashtra state should be feeling flush after strong monsoon rains and a good crop, but high costs have cast a pall over his preparations for the festive season. Instead of splashing out on gold jewelry, appliances or maybe even a car during the biggest shopping season of […] Read more
Cyber-Savvy Farmer
