On Tuesday, skim milk powder (SMP) prices at Global Dairy Trade (GDT), the fortnightly auction platform of New Zealand’s Fonterra Cooperative, averaged $3,243 per tonne, the highest since the $3,264 of August 5, 2014.
The US Department of Agriculture (USDA) on Tuesday upped its forecast of Indian wheat exports for 2020-21 (July-June) to 1.8 million tonnes (mt), as against its earlier estimate of one mt. That would be the highest ever in the last six years
Since last Wednesday, when reports of deaths of birds from the disease started coming in, farmgate prices of broiler chicken have crashed from around Rs 82 to Rs 58 per kg in Maharashtra, Rs 94 to Rs 65 in Gujarat, and Rs 80 to Rs 70 in Tamil Nadu.
The Centre is within its rights to enact laws promoting barrier-free trade of farm produce (inter- as well as intra-state) and also dismantling stockholding restrictions. But that can be only after the farmer has sold.
The farmer protests have led to questions being raised on the extensive cultivation of paddy and wheat, especially in Punjab. How much of these crops is grown, and what are the options for diversification?
With farmers rejecting the government’s offer and deciding to continue their protest against the farm laws, The Sunday Express meets some of the farmers camping at Delhi’s borders, and visits their families and farms back home, to find a shared concern — a sense of despair over falling crop prices.
Commission agents play a complex and important role in the agri economy. Their role also differs from state to state — which explains why Punjab-Haryana farmers are at the forefront of the ongoing protest.
The "free time" is something the government may not have fully anticipated. The timing of the capital siege and ability to stay put for at least the next few weeks could well work to the protesters’ advantage.
Commodity-wise foreign trade data from the department of commerce shows exports of farm goods from India during April-September at $18.12 billion, 4.6% higher than the $17.32 billion for the first half of 2019-20.