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Jul 21, 2014

Thailand to reclaim top rice exporter spot after poor Indian rains

MUMBAI/BANGKOK (Reuters) – Thailand is set to reclaim its status as the world’s top rice exporter as weak monsoon rains curb India’s crop, helping the Southeast Asian country’s new military government offload bulging stockpiles.

Fewer Indian exports would allow Bangkok to win better prices for the grain that it has been selling at a huge discount, curbing losses on the stocks built up under a costly state intervention scheme.

Jul 21, 2014

India to lose top rice exporter spot to Thailand after poor monsoon

MUMBAI/BANGKOK (Reuters) – Thailand is set to reclaim its status as the world’s top rice exporter as weak monsoon rains curb India’s crop, helping the Southeast Asian country’s new military government offload bulging stockpiles.

Fewer Indian exports would allow Bangkok to win better prices for the grain that it has been selling at a huge discount, curbing losses on the stocks built up under a costly state intervention scheme.

Jul 8, 2014

India’s onion crisis: shortages after the best-ever harvest

PACHORE WANI India (Reuters) – Indian farmer Ranganath Watpade made a killing last year by putting off selling his onions until four months after he harvested them. This year, the same trick has backfired.

The country has produced a record harvest, but many farmers in the onion bowl of India’s western state of Maharashtra have lost a large share of their crop damaged in storage, adding to the country’s inflation woes.

Jul 2, 2014

Farmers await rains after slow start to monsoon

By Rajendra Jadhav

LASALGAON, Maharashtra(Reuters) – Pramod Patil’s 40-acre field in Lasalgaon usually turns green around now with germinated soybean and corn seeds, but this year he has yet to begin planting because of scanty monsoon rains in Maharashtra.

Like 27-year old Patil, millions of Indian farmers are hoping rains will strengthen in the next two weeks so they can grow rice, soybean, cotton, pulses and some vegetables – summer crops that account for 7.5 percent of the country’s economy.

Jul 2, 2014

Indian farmers await rains after slow start to monsoon

LASALGAON, India, July 2 (Reuters) – Pramod Patil’s 40-acre
field in Lasalgaon usually turns green around now with
germinated soybean and corn seeds, but this year he has yet to
begin planting because of scanty monsoon rains in India’s
western Maharashtra state.

Like 27-year old Patil, millions of Indian farmers are
hoping rains will strengthen in the next two weeks so they can
grow rice, soybean, cotton, pulses and some vegetables – summer
crops that account for 7.5 percent of the country’s economy.

Jun 26, 2014

India’s 2014/15 edible oil imports seen up 5.4 pct -expert

MUMBAI, June 26 (Reuters) – India’s edible oil imports,
including palm oil, may rise 5.4 percent to 11.7 million tonnes
in 2014/15 as a weak monsoon hurts domestic oilseeds production,
an industry expert said.

Higher purchases by the world’s leading cooking oil importer
should support Malaysian palm oil futures that have
shed almost 7 percent so far this year.

Jun 23, 2014

A flying beetle in India threatens to push up latte prices

MADIKERI, India, June 24 (Reuters) – It’s 10 o’clock in the
morning and a dozen workers are uprooting coffee plants, piling
them in the corner of a field at M.G. Bopanna’s plantation in
southern India where they lie ready to be burned.

The plants are bursting with green cherries but inside their
hard bark lurk destructive white stem borer beetles. The bushes
have to be destroyed to prevent the tiny winged creature from
threatening Bopanna’s entire crop of arabica coffee.

Jun 9, 2014

Exclusive: India considering urea price hike to curb fertilizer subsidies

MUMBAI (Reuters) – India is considering a proposal to raise the price of urea, the fertilizer most used by its farmers, by at least 10 percent in order to contain huge subsidy costs that are straining the budget, government and industry officials told Reuters.

Fertilisers Minister Ananth Kumar has backed the measure, sources said, bolstering its chances of being implemented. Two options are under consideration; either the price hike could be included in the budget in July or it could be approved by the cabinet, the sources said.

Jun 9, 2014

India considering urea price hike to curb fertiliser subsidies

MUMBAI, June 9 (Reuters) – India is considering a proposal
to raise the price of urea, the fertiliser most used by its
farmers, by at least 10 percent in order to contain huge subsidy
costs that are straining the budget, government and industry
officials told Reuters.

Fertilisers Minister Ananth Kumar has backed the measure,
sources said, bolstering its chances of being implemented. Two
options are under consideration; either the price hike could be
included in the budget in July or it could be approved by the
cabinet, the sources said.

Jun 9, 2014

Exclusive – Government plans urea price hike to curb fertiliser subsidies

MUMBAI (Reuters) – India plans to raise the price of urea, the fertiliser most used by its farmers, by at least 10 percent in order to contain subsidy costs that are straining the budget, government and industry officials told Reuters.

The first major price hike in four years would mark an important step by Prime Minister Narendra Modi’s new government to cut wasteful use of urea and ease fiscal pressures resulting from a weak economy.

    • About Rajendra

      "Rajendra is a commodities correspondent based in Mumbai. He has been tracking agriculture commodities along with agrochemicals and fertilisers for Reuters since 2006. He loves to report on what's changing in the city's hinterland as urbanisation gains pace in India's predominantly agrarian economy."
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