1.   

World farm meet brings together corporate sector involved in food

The two-day World Sustainable Agriculture Congress got under way in Singapore on Wednesday. The conference is designed to bring together the global corporate sector involved in the food value chain, including agribusiness, academics, and policymakers to discuss the solutions needed to achieve sustainable agriculture for future food security, according to the organisers.

2.   

Exports of agri-products to continue despite deficient rains

The government on Wednesday said it will continue with export of farm items like rice, wheat and sugar even as deficient rains have delayed sowing of some crops. Southwest monsoon has covered the entire country but rain are still deficient by 23 per cent so far. The slow progess of rains has delayed sowing of major Kharif crops such as paddy, some pulses like moong, oilseeds and coarse cereals.

3.   

Aromatic rice gains as floor price on exports goes

The Government’s decision to abolish the minimum export price for aromatic rice varieties has started showing its effects in the domestic market as well. Prices of aromatic varieties went up Rs 100-300 a quintal on Monday while non-basmati varieties remained range bound. Mr Amit Chandna, Proprietor of Hanuman Rice Trading Company, toldBusiness Line that aromatic prices have increased after the Government’s statement of removing floor prices for aromatic rice.

4.   

Sugar exports may gain on tight global supplies

The rebound in global white sugar futures on concerns over delay in Brazilian harvest has augured well for Indian exporters. “Exports are happening at a good pace with demand coming from West Asia, Bangladesh and Sri Lanka,” said Mr Abinash Verma, Director-General, Indian Sugar Mills Association. Sugar futures on both London and New York terminals rebounded over the past fortnight on concerns of rains delaying harvest in Brazil and Australia.