India Boosts MSPs 7% to 8%
PANAMA - Jun 21/17 - SNS -- This year's increases in India's minimum support prices (MSP) have been shrouded in secrecy since they were set by the country's cabinet on June 7.
Ongoing protests by farmers in several states over weak markets, rising input costs and debt relief were cited in media accounts as reasons for the delay.
In the past week, some states started releasing details about MSP levels for this summer's monsoon or kharif season crops, perhaps in an effort to show farmers the government is serious about its promise to double farmer incomes within five years.
Cuban Trade Liberalization Rolled Back
PANAMA - Jun 18/17 - SNS -- The United States is rolling back liberalization of trade with Cuba undertaken by the Obama administration. The change was rebuked by U.S. Grains Council (USGC) President and CEO Tom Sleight.
"The U.S. Grains Council (USGC) has worked in Cuba for nearly two decades to help capture grain demand and develop its livestock industry within the confines of U.S. policy. While the announcement today will make our efforts in Cuba more difficult -- and almost certainly cost U.S. corn farmers sales in the short term -- we have every intention of continuing our work there to build long-term, mutually-beneficial trade.
"In the first eight months of this marketing year, Cuba purchased more than 250,000 MT (9.8 million bushels) of corn from the United States, about 30% of their total demand. This shows both that Cubans want our product when its competitive to other origins and that we have significant room for growth given the right policy environment.
ARGLINGTON - Jun 20/17 - SNS -- The American Trucking Associations' advanced seasonally adjusted (SA)…
EDMONTON - Jun 19/17 - SNS -- Despite advances in disease resistance in lentil varieties, it is still…
PANAMA - Jun 18/17 - SNS -- Uneven progress with this year's monsoon during the past week contributed…