GFM Network News

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India to launch $1.48 bln plan to raise oilseed output, cut imports

Reading Time: 1 minute New Delhi | Reuters – India will launch a 110 billion rupee ($1.48 billion) plan to boost domestic oilseed production to make the country self-sufficient in edible oil, Prime Minister Narendra Modi said on Monday, a move that will cut costly vegetable oil imports. India is the world’s biggest vegetable oil importer and spends an […] Read more


India’s federal police probe bosses of two fertilizer companies

Large-scale nutrient purchases often known to sway spot prices

Reading Time: 2 minutes Mumbai | Reuters — Indian authorities have opened an investigation into the heads of two leading fertilizer importing companies, alleging they secured commissions from overseas suppliers for inflating the prices of crop nutrient purchases. The Central Bureau of Investigation (CBI), India’s top crimefighting agency, said late Wednesday it was investigating U.S. Awasthi, managing director of […] Read more

Farmers attend a protest during a nationwide strike against newly passed farm bills at the Singhu border near Delhi on Dec. 8, 2020. (Photo: Reuters/Anushree Fadnavis)

Farmers protest across India against Modi’s farm market reforms

Reading Time: 2 minutes New Delhi/Mumbai | Reuters — Farmers’ protests against new laws liberalizing agricultural markets spread across India on Tuesday, as farm organizations called for a nationwide strike after inconclusive talks with Prime Minister Narendra Modi’s government. In eastern and western states, farmers blocked roads and squatted on railway tracks, delaying hordes of people getting to work, […] Read more

Onions are sold at a market at Dharavi, one of Asia’s largest slums, in Mumbai, India on April 7, 2020. (File photo: Reuters/Francis Mascarenhas)

High food prices hurting India’s poor

Inflation pain expected to persist for months yet

Reading Time: 2 minutes New Delhi | Reuters — India’s retail inflation may stay elevated for at least three more months after hitting a six-year high in October, as excess rain has damaged standing crops and seedlings, while edible oils that the country imports have become expensive. The high prices are a particular cause of concern for India’s hundreds […] Read more

Farmer Anil Salunkhe feeds strawberries to a cow during a 21-day nationwide lockdown to slow the spread of COVID-19 in the Satara district in India’s Maharashtra state on April 1, 2020. (Photo: Reuters/Rajendra Jadhav)

How COVID-19 is upending global food supply chains

Cows fed strawberries in India, watermelons rot in U.S., okra not reaching Canada

Reading Time: 5 minutes Satara/Singapore/London | Reuters — In the fertile Satara district in western India, farmers are putting their cattle on an unorthodox diet: Some feed iceberg lettuce to buffalo. Others feed strawberries to cows. It’s not a treat. They can either feed their crops to animals or let them spoil. And other farmers are doing just that […] Read more

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Pulse import plunge in India to ripple across Canada, Australia

Reading Time: 3 minutes Mumbai | Reuters — Pulse imports to India, the world’s biggest buyer, may fall to their lowest in nearly two decades after the government raised import taxes and restricted overseas purchases to bolster prices, impacting the plans of its global suppliers. The reduction in imports illustrates the government’s steps to raise the prices of pulses, […] Read more


Pulse crop sales to India dry up over pest-control plan

Reading Time: 2 minutes Winnipeg/Mumbai | Reuters –– Canadian exporters are slowing sales of peas and lentils to India, threatening $1.1 billion in annual trade of the food staples, over risk that New Delhi may reject shipments under its tougher approach to pest control. India requires shippers to fumigate crops with methyl bromide, an insect-killing gas, in the country […] Read more

Scorching heat delays India’s rapeseed sowing

Reading Time: 2 minutes Mumbai / Reuters – Above-normal temperatures have delayed rapeseed sowing in India’s top producing region by more than a fortnight and restricted acreage expansion, even though prices are trading near record highs, industry officials said. The delays are helping support rapeseed prices and could force the world’s biggest edible oil importer to increase overseas purchases of […] Read more

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India’s drought a bonanza for Canadian pulse growers

Reading Time: 2 minutes Winnipeg/Mumbai | Reuters — Prices for Canadian pulses typically ease toward the end of the year but a recent dry spell in distant India, the world’s top producer and consumer, is driving them up. Back-to-back drought years for the first time in three decades has eroded India’s output of pulses and boosted imports. Global prices […] Read more