Wednesday, January 21, 2009

PrimeAg, Farmers-turn-Managers, Food Outsourcing and Sugar Prices

1. An article on Australian food company PrimeAg which borne out with a vision to meet the world's food security. An example of corporate farming we may soon see in india.

2. IIMA is launching a course on Food supply chain management to upgrade the knowledge of the farmers. "The course will cover all challenges and bottle-necks of the supply chain from the times the seed is sowed, till it reaches the consumer. Also, exports and reaching the food to poor will be discussed."

3. Mr Piruz Khambatta, Chairman & Managing Director, Rasna Pvt Ltd says that the food outsourcing business from India has an opportunity of $5 billion as of today. “Only six per cent of the total amount of food produced in the country is processed. This has led to an annual loss of Rs 33,000 crore in the agricultural sector through perishable commodities.”

“Agri business for rural India can do what Information Technology has done for urban India. India should be promoted as the food factory of the world in terms of both production and marketing,” he said.

3. This article in business-standard suggests that raising the retail price for sugar is the only and surest shot to resolve all the problems of the sugar industry.

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