Friday, 03 July 2015

IPPSC 2015, Day 3: Latest technologies in storage environment

IPPSC 2015, Day 3: Latest technologies in storage ...

Friday, June 19 was the third and final day of the International Potato Processing and Storage Conve...

IPPSC 2015, Day 2: Potato Industry Directions

IPPSC 2015, Day 2: Potato Industry Directions

After a first day abundant in knowledgeable talks on current and future matters of the processing ...

IPPSC 2015, Day 1: Newest Advances in Potato Processing

IPPSC 2015, Day 1: Newest Advances in Potato Proce...

Wednesday, June 17 was the first day of the International Potato Processing and Storage Convention...

ConAgra Foods intending to exit private label market

ConAgra Foods intending to exit private label market

In a report issued on June 30, ConAgra Foods, Inc. reported results for this year’s fourth quarter, whi...

EFSA formulates scientific point of view on acrylamide issue

EFSA formulates scientific point of view on acrylamide ...

On June 4 this year, the European Food Safety Authority (EFSA) released its official opinion on acrylam...

Kraft Heinz Company has a new senior leadership team

Kraft Heinz Company has a new senior leadership team

  The Kraft Heinz Company announced its new senior leadership team that marks another major milestone ...

Italian snack manufacturer chooses integrated solutions from tna

Italian snack manufacturer chooses integrated solutions...

  Leading Italian snack manufacturer Pata was able to reduce waste, simplify cleaning operations and i...

TOMRA equips its Belgian test and demo center with a new cold room

TOMRA equips its Belgian test and demo center with a ne...

  The equipment producer TOMRA Sorting Solutions is now able to test the performance of its sorting ma...

Key Technology launches new mobile-friendly website

Key Technology launches new mobile-friendly website

  Key Technology announces the launch of its redesigned corporate website with a new responsive versio...

McCain Australia launches a limited edition range of flavored frozen potato wedges

McCain Australia lau...

  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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