There is immense pressure on GOI to allow the trade of GM crops in India as such trade will continue to rise with full implementation of the Trans-Pacific Partnership (TPP) over the next few years. Non-GM imports are increasingly more expensive, and India will not be able to source them from any locations if it wishes to do so from the world market. Rabi Sowing Down; Winter Not Very Cold India’s winter (rabi) sown area stands at 59.151 million hectares, down 2.9 percent against last year’s 60.931 million hectares. Following are the areas planted to specific crops as of 28 January 2016 compared with a year ago:
Wheat totals 29.252 million hectares against 30.594 million hectares, down 4.38 percent. Pulses cover 13.908 million hec...
What You Need to Know Today: U.S. launches naval escort operations in the Strait of Hormuz as Iran attacks UAE oil infrastructure, escalating geopolitical risk and supporting energy and broader commodity markets Biofuel demand entering uncharted territory, with soyoil valuation increasingly di...
The Middle East is said to be undergoing a transformation as economic priorities transcend security concerns. This is evidenced by diversification away from oil and the UAE’s departure from OPEC. Meanwhile, the Palestine issue has been deprioritized, and Iran has emerged as more destabili...
CORN Argentina In Argentina, after several weeks of intense and frequent rainfall, weather conditions have improved, with clear days, dry cold, and wind supporting both soil and grain drying. Harvest activity has resumed; however, producers continue to prioritize soybeans, limiting progress in...
