Media Monitor
Agriculture Industry
When doing business is taxing for farmersedit
These purchases were done under the government’s price support scheme (PSS), wherein the FPCs bought the crop from their members at the official minimum support price (MSP) of Rs 5,050 per quintal and delivered these to the godowns of the Central and State Warehousing Corporations after cleaning and grading. The FPCs registered a total turnover of Rs 167.79 crore on PSS operations, which was inclusive of a one per cent handling fee charged on the MSP paid to farmers.
Fearing low recoveries from farmers, PADB starts sending arbitration noticesedit
Notices are being issued under the Punjab State Cooperative Act to assistant and deputy registrars of cooperative societies to appoint arbitrators. The PADB authorities hope to recover a part of overdue loans by the mid October when cotton and paddy crops starts arriving in markets.
C’garh bags national ‘Agriculture Leadership Award 2017′edit
Chhattisgarh has bagged national ‘Agriculture Leadership Award 2017’. The award was handed over to State Agriculture Minister Brijmohan Agrawal by Haryana Governor Kaptan Singh Solanki in New Delhi recently. It may also be recalled that the Chhattisgarh Government has prepared a five-year master plan to provide a fillip to the cultivation of horticulture based crops in the State. The master plan is for the period 2017-18 to 2021-22, officials informed. Horticulture is a sunrise sector in the State. The Horticulture crops cover an acreage of 7.41 lakh hectares and production is about 85.95 lakh metric tonnes, officials informed.
Andhra govt announces Rs 3600 crore debt relief to farmersedit
Amravati: Andhra Pradesh Agriculture Minister Somireddy Chandramohan Reddy announced Wednesday that the state government will deposit Rs 3600 crores in the farmers` accounts under debt relief scheme in next two to three days. Of the nine lakh farmers, who registered complaints regarding government`s Debt Waiver scheme, 5.47 lakh farmers have been paid an additional amount of Rs 528.37 crores, informed Reddy.
Precision Agriculture and Relevance to Seed Industryedit
Seed industry need to be ready for a future that has higher adoption of precision agriculture practices – both in seed production and normal cultivation. Monsanto’s acquisition of Climate Corporation is a case in point of where a global seed company has invested in capabilities for agriculture analytics and greater information with a vision to achieve higher productivity while utilizing the planet’s finite resources more precisely.
Good rainfall expected to boost turmeric output for next seasonedit
Increased global demand for turmeric, especially in the pharmaceutical sector, drove its exports to attain figures of 1,16,500 tonnes in volume and crossed Rs 1,241 crore in value terms in 2016-17. There are expectations of improved demand in coming weeks from the export market. Curcumin content of turmeric is an important factor in the price of the commodity and trade. Indian turmeric has the highest curcumin content and is preferred by the extractors and grinders. K M Shivakumar, from the Tamil Nadu Agricultural University (TNAU) said that non-traditional areas like North East have also started to farm turmeric in the last few years due to robust returns and this may upset the fundamentals of the current ...
EPA eyes limits for agricultural chemical linked to crop damageedit
A ban could hurt sales by Monsanto Co and DuPont which sell dicamba weed killers and soybean seeds with Monsanto`s dicamba-tolerant Xtend trait. BASF also sells a dicamba herbicide. It is not yet known how damage attributed to the herbicides, used on Xtend soybeans and cotton, will affect yields of soybeans unable to withstand dicamba because the crops have not been harvested.
New Scientific Finding To Help Tackle Pest Attacks In Riceedit
The research team included Abhishek Ojha, Deepak Kumar Sinha and Suresh Nair of New Delhi-based International Centre for Genetic Engineering and Biotechnology (ICGEB); A.P. Padmakumari of Indian Institute of Rice Research, Hyderabad and J.S. Bentur of Agri Biotech Foundation, Hyderabad. The research results have been published in journal Scientific Reports.
Technology in Agriculture
Deere to buy agtech company Blue River for $305 mnedit
India Finance News Reuters The Financial Express
Deere & Co, known for its trademark green tractors, said on Wednesday it would acquire privately-held Blue River Technology for $305 million to increase the machine-learning capabilities of its farm equipment. California-based Blue River has designed technology that helps farmers reduce the use of herbicides by spraying only where weeds are present, optimizing the use of inputs in farming, Deere said in a statement. Agriculture technology, which includes the use of drones, robotics and bioengineering to efficiently grow crops, has become a buzzword in the farming industry in the past few years. Recently Monsanto struck a deal with biotech company ToolGen Inc to develop farm products, while DuPont bought agriculture analytics firm ...