Tuesday, 27 September 2016

UK’s Best New Fish and Chip Shops Announced

UK’s Best New Fish and Chip Shops Announced

 The UK’s top 10 new fish and chip shops have been announced by the 2017 National Fish and Chip Aw...

Show Review: Over 300 Exhibitors at PotatoEurope 2016

Show Review: Over 300 Exhibitors at PotatoEurope 2...

 The 300 exhibitors present (25% more than in 2008) were able to meet with their customers, at Pot...

Potato Bowl Starts on September 13

Potato Bowl Starts on September 13

 Potato Bowl football game, billed as a battle between two of the largest potato growing regions i...

Three New Appointments for tna’s Asia Pacific Team

Three New Appointments for tna’s Asia Pacific Team

 Food processing and packaging supplier tna has expanded its team in Asia, with the appointments of a n...

JBT Corporation Acquires Cooling and Applied Technologies

JBT Corporation Acquires Cooling and Applied Technologi...

 JBT Corporation, a global technology solutions provider for the food and beverage industry, announced ...

Americans Spent Over USD7bn on Potato Chips in 2015

Americans Spent Over USD7bn on Potato Chips in 2015

 Americans spent USD7.5bn on potato chips in 2015, or an average of roughly USD 23 for every man,woman ...

Key Technology Introduces VERYX Belt-Fed Digital Sorters to Europe

Key Technology Introduces VERYX Belt-Fed Digital Sorter...

 Key Technology introduces its VERYX belt-fed digital sorters to the European food processing industry ...

Case Study: Ishida Helps Spanish Snack Manufacturer to Grow

Case Study: Ishida Helps Spanish Snack Manufacturer to ...

 Aperitivos y Extrusionados (Apex), now one of Spain’s top three snack food manufacturers, uses Ishida ...

GEA to Present Equipment Portfolio at Chillventa

GEA to Present Equipment Portfolio at Chillventa

  From October 11 to 13, 2016, Chillventa will turn the trade show fairgrounds in Nuremberg into an in...

US Processed 5% Less Potatoes in 2015

US Processed 5% Less...

US potatoes used for processing totaled 280 million cwt, d...

Lay’s Chalet Sauce Potato Chips Available in Canadian Retail

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  Frito-Lay Core Global Brands, PepsiCo Foods Canada, a...

Cambodia Opens First Potato Research Centre

Cambodia Opens First...

 With potato consumption continuing to rise in the Kingdom...

New Potato for Diabetics, Growing at Waterdown Farm

New Potato for Diabe...

 Canadian consumers who avoid potatoes to reduce their car...

Inventure Foods Adds Kettle-Cooked Potato Chip Manufacturing to Factory

Inventure Foods Adds...

  Specialty foods marketer and manufacturer Inventure Foo...

Land-Grant Universities Bolster the US Potato Genebank’s Impact

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 Land-grant universities are collaborating to support the ...

New Variety of Innate Potato Approved

New Variety of Innat...

  The J.R. Simplot Company has completed a voluntary cons...

The Use of Nicotine-based Pesticides Limited in Minnesota

The Use of Nicotine-...

  Seeking to reverse a decline in bees and other pollinat...

Greenpeace Issues Blacklist for Pesticides in EU

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Costs of Developing GM Potatoes Comparable to Conventional Varieties

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Rise in storage costs and a bumper crop together with the suspension of futures trading, continue to crush potato prices in India, the Financial Express has reported.

 

Farmers across Uttar Pradesh's potato belt, stretching from Kanpur to Agra, who were earlier happy with the record potato crop, are now faced with new challenges, like recovering the cost of production. Many farmers took loans to cultivate potato during the year and while farmers are paying the price of stocking the crop at cold storage facilities, the price of the staple has touched a record low of Rs 300 to Rs 350 per quintal at all major wholesale markets.

In Uttar Pradesh the 2008 potato crop is estimated to be around 14 million tonne against an average of 10 million tonne, while 25 million tonne is estimated from across the country. The Financial Express spoke to farmers from the potato-growing region in Agra to assess the situation. Due to better price realisation in 2007 Rustom Singh, who cultivated potatoes over 100 acres, had an output of more than 15,000 quintal. Hoping for higher returns, he also grew potatoes on land obtained on rent. However, due to prevailing low prices he has barely managed to recover his investment. He is also unhappy with the fact that the cold storage owners have increased rates by more than 20 per cent this year. Currently, the cold storage owners at Agra, Hathras, Kanpur and Meerut have increased the rate to Rs 110 per quintal from last year's Rs 90 - Rs 95 per quintal.

Farmers have been demanding the government to provide some kind of financial assistance to the farmers who have been hit by the fall in prices. They have also demanded a revoking of the futures trading ban imposed by the government in May 2008.

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