food

Covid-19 impact: State border curbs disrupt farm, food supply chain

The clampdown imposed by the Federal government in controlling the spread of the dreaded Covid-19 has thrown the agri-offer chain in a state of disarray. The agri-marketplaces have started off downing their shutters for investing things to do and are predicted to stay shut till the end of this month.

This has impacted the location investing of foodgrains and other agri-commodities in these marketplaces, wherever arrivals have thinned down with farmers hesitant to stop by the market place.

In Gujarat, most of the APMCs are shut till April two and the arrivals of seasonal commodities such as wheat, chana, coriander and mustard have come to a halt. “We ordinarily have a shutdown at APMCs from March 25 for our annual account closing, but this 12 months we have shut early from March 21 owing to the virus risk. Arrivals are suspended till April two and there will be no auctions

Read More

World food prices dipped in Feb as virus hit demand: FAO

World foods rates slipped in February, ending 4 months of successive raises, with the distribute of coronavirus dampening need for some merchandise, the United Nations foods company said on Thursday.

The Food stuff and Agriculture Organization (FAO) foods price tag index, which measures regular monthly alterations for a basket of cereals, oilseeds, dairy merchandise, meat and sugar, averaged one hundred eighty.5 points last month, down 1. per cent on January.

FAO also a bit upped its forecast for cereal output, predicting a crop totalling some two.719 billion tonnes in 2019, up from a prior forecast of two.715 billion and some two.three per cent larger than the 2018 crop.

The vegetable oil price tag index plunged 10.three per cent from January, led by a slump in palm oil rates, even though the cereal price tag index eased .9 per cent, with the international rates of all key cereals, apart from rice,

Read More