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Sunday, February 14, 2016

Bank predicts ongoing volatility - Farming Life

Bank predicts ongoing volatility - Farming Life: Northern Ireland’s farmers and food producers must be highly efficient and focus on factors within their control if they are to overcome challenges caused by ongoing global volatility in 2016, Danske Bank has said.

Weaknesses in agriculture structure threat to GDP | Pakistan Today

Weaknesses in agriculture structure threat to GDP | Pakistan Today: Society Watch President Khalid Mehmood said on Saturday that weaknesses in the structure of agriculture were keeping this sector fragile which was a threat to GDP growth rate.

In a statement issued from Islamabad, he said that masses were forced to buy wheat at 40 per cent inflated price as compared to rates in the international market while they pay 20 per cent extra for rice and 30 per cent additional money while buying milk. Mehmood said despite getting heavy price the agriculture sector was in doldrums due to distortions which must be tackled to streamline things.

Foodgrain output likely to increase to 253 million tonnes in 2015-16 - The Economic Times

Foodgrain output likely to increase to 253 million tonnes in 2015-16 - The Economic Times: India's foodgrain production is estimated to increase marginally to 253.16 million tonnes in 2015-16 crop year on likely improvement in output of wheat and pulses despite back-to-back drought.

The estimate is, however, lower than the record 265.04 million tonnes (MT) in the 2013-14 crop year (July-June), but slightly better than 252.02 MT achieved last year. Wheat, rice, coarse cereals and pulses are part of the foodgrain basket.