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: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
