1.   

‘Globalisation is a major boost to food trade’

President Pranab Mukherjee inaugrated the national seminar on Food Safety. He elaborated on how a global economy has caused a paradigm shift in consumption patterns The challenge of meeting the ever growing food requirement of our population calls for major investments and innovation in our agriculture, agri-business and food processing sectors,” said the President of India at the inaugral function of the.

2.   

No decline in wheat quality, it's getting us good price : Govt

The government on Wednesday ruled out any issue concerning the quality of wheat being exported from the country Global demand and huge wheat stocks with the government agencies have boistered India's wheat exports. whidi have been rising steadily in the current fiscal and is expected to cmss the 5-million tonne mark this fiscal. Kumar said there is a shortage internationally. “Our main objective is to managefoodgrainstocks and not maxim ise price n?allsation.’ he added.

3.   

Rice Imports by China Set to Jump Fourfold on Local Prices

Rice purchases by China, the largest producer, may soar fourfold this year after a government policy to support farm incomes drove up domestic prices, the United Nations said. Shipments may reach 2.3 million metric tons to 2.4 million tons, said Concepcion Calpe, a senior economist at the UN’s Food & Agriculture Organization. That compares with a prediction of 2 million tons last month and 600,000 tons in 2011, according to the FAO.

4.   

The next sunrise sector is seeding

As you sow, so you reap — the importance of quality seeds for a good harvest cannot be reiterated. Nor can the prospects of seed manufacturers, as over 15 million mouths are added to the population every year. According to analysts and company sources, the seed industry in the country is worth Rs11,000 crore and growing at a brisk 15-20% a year.