Agriculture Current Affair 1 October 2020

Poultry back in demand as consumers eye immunity in virus fight

Consumers who had shunned poultry products due to rumours and the scare of coronavirus from the early part of the calendar year, are now seen coming back to them to meet their nutritional requirement in the fight against the virus. As a result, the poultry sector has been witnessing an increase in demand, mainly from the home segment, over the past couple of months.

UP brings policy to set up 2000 new ‘Farmer Producer Organisations’

Within days of Centre notifying the new agriculture laws to give freedom to farmers to sell their produce anywhere, BJP-ruled Uttar Pradesh came out with a new policy on Tuesday on forming and incentivizing “Farmer Producer Organisations” (FPOs) of the two crore small and medium farmers in the state so they can get a better price for their produce.

The UP government said the policy will also help deliver schemes of the central and state government and impart the latest farming techniques in a better way to farmers who are part of the FPOs.

India’s cotton exports gains momentum; prices likely to go up

India’s cotton exports have gained momentum as Indian cotton is currently the cheapest in the world. Cotton Corporation of India, which is holding the largest stocks in the country, has sold close to 5 million bales of cotton in the past two months, a lot of which has been shipped abroad by private traders.

“Cotton exports have been sharply up and hence we expect prices to move upwards in the coming week. Due to excess rainfall, there is more moisture in cotton and arrival of good quality cotton has been delayed, giving support to the prices,” said Gnanasekar Thiagarajan, director, Commtrendz Research.

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