(This article was published on October 31, 2013) Keywords: Restricted trading, rice market, steady trend, aromatic rice, non-basmati rice
Rice price likely to come down Bangalore, Oct 30, 2013, dhns: Citizens incessantly battered by the soaring food prices over the last few months can now breathe easy: Prices of rice are most likely to decrease further as good paddy crop is expected in the coming harvest season. According to the State Agriculture department, kharif paddy production is expected to be about 40.23 lakh tonne against 39.83 lakh tonnes last year. As a result of bountiful monsoon, paddy has been sown on 10.45 lakh hectare, which is about one lakh hectare more compared to last year. In anticipation of good paddy harvest beginning in November, traders have been releasing old rice stocks to the market in the last few weeks, bringing down the prices. The prices of widely-used Sona Masuri and Sona Steam varieties have plunged from average Rs 60 per kg to Rs 45 per kg and from Rs 40 per kg to 34 per kg (consumer prices) respectively. Price of Dosa rice (IR 64 variety) too has come down. “We are expecting good crop in the coming harvest season. Paddy production is expected about 10 per cent more than the actual target. There will be huge flow of rice to the market and the prices are expected to go further down after the harvest season,� Ramesh Chandra Lahoti, the president of Bangalore Wholesale Foodgrains and Pulses Merchants’ Association said.All dams and irrigation canals are full this year. The farmers will therefore go in for second paddy crop (also called summer crop), the harvest of which is expected in March-April next year. This may also being down the prices, he added. The price of rice had hit the roof owing to successive drought for two years
Agriculture department to promote new rice variety Paul Fernandes, TNN | Oct 31, 2013, 02.12 PM IST
PANAJI: The agriculture department is trying to promote the Makam variety of rice, the new high yielding variety of rice due to several advantages over the traditional and age-old Jyoti variety."We will distribute 500 kg of seed rice to farmers to begin with," an agriculture department source said. The farmers in different areas will received a 3kg kit of the new rice variety.ICAR research complex at Old Goa has also distributed the seed in various villages and farmers have already started cultivating the red kernel rice variety. ICAR scientists lamented that farmers in Goa are not willing to accept new technology. "But this rice variety has advantages over the age-old Jyoti variety, which is preferred by farmers," the agriculture department official said. The yield is a few times more than Jyoti variety while Makam has also better resistance to
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