Thursday, 30 July 2015

NPC holds 2015 Summer meeting

NPC holds 2015 Summer meeting

On July 7-9, growers and industry leaders from across the United States of America met in Kalispel...

Peru will host 10th World Potato Congress in 2018

Peru will host 10th World Potato Congress in 2018

The official announcement was made on July 15 by Alberto Maurer, head of Peru’s National Institute...

AHDB strategic potato farm open event

AHDB strategic potato farm open event

AHDB Potatoes first Strategic Potato Farm (SPot) is now established in Staffordshire. An open day ha...

Bühler Aeroglide introduces new food technologist

Bühler Aeroglide introduces new food technologist

Bühler Aeroglide, a global leader in thermal process engineering and technology for food, feed, and indus...

AHDB Next Generation group explore potato processing

AHDB Next Generation group explore potato processing

  The AHDB Potatoes ‘Next Generation’ tour kicked off in Yorkshire last month, visiting two progressiv...

TOMRA launches Spanish language website

TOMRA launches Spanish language website

TOMRA has launched a Spanish version of its website, underlining the importance of Spain and other Span...

tna highlights start-to-finish solutions at PACK EXPO 2015

tna highlights start-to-finish solutions at PACK EXPO 2...

For the first time in tna’s history with Pack Expo, tna will be presenting its capabilities as the only t...

The steps to chilled perfection

The steps to chilled perfection

  Production of frozen products, especially French fries, needs to be meticulous to end up with the ...

Key Technology introduce enhancements to Rotary systems

Key Technology introduce enhancements to Rotary systems

Key Technology introduced on July 15 its improved Rotary Sizing and Grading Systems, which include its Sl...

McCain Australia has new range of frozen potato wedges

McCain Australia has...

  McCain Australia has recently launched the new wedges ‘...

Tolsma-Grisnich and Kiremko, partnership for a new plant in China

Tolsma-Grisnich and ...

  Strategic partners Tolsma-Grisnich and Kiremko recently...

Utz Quality Foods launches Specialty Division

Utz Quality Foods la...

Utz Quality Foods, Inc. has recently announced the culmina...

Potatoes are back on WIC, a nutritional program for women, infants and children in USA

Potatoes are back on...

The National Potato Council (NPC) from USA succeeded to put ...

Exclusive interview with the director of Urschel Laboratories, Inc: The Urschel team is a very strong one

Exclusive interview ...

What began with one man's invention more than 100 years ago ...

UK Potato Council says it is a record year for seed potato exports

UK Potato Council sa...

  Seed potato exports are booming, with the latest figure...

Indian Government will procure 6,600 tones of potato from farmers

Indian Government wi...

The State Government announced its decision to procure 6,6...

Company launches a new solution for potato sprouting

Company launches a n...

  BioSafe Systems announces the introduction of ARRET Spr...

Seed Industry Event conference tackles key industry concerns

Seed Industry Event ...

The recent Seed Industry Event, organized by British Potato ...

Armenia registered an important growth in potato exports in 2014

Armenia registered a...

Armenian potato exports totaled about 20,600 tons, compared ...

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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