Tuesday, February 10, 2009

Sugarcane SMP, Bill Gates letter, Value Chain Financing and Conservation Farming

1. The sugar industry in the private and the cooperative sectors have united to pressure the government to announce high support prices for the commodity. Is it not surprising? In this cruel capitalist world, people are fighting to increase the price of commodity that they have to buy!

2. Bill Gates writes about his vision about agriculture in Africa in his annual letter. Very valid points brought forward.

3. This interesting article in ET talks about Value chain financing for agriculture sector. In value chain financing, a bank enters into an arrangement with some or all the players in a particular value chain to extend finance to them. A value chain basically constitute of three levels - farmers producing the primary commodity, an SME or an agent acting as intermediately or adding value to the produce and the large firms using this as raw materials.

4. From business standard: Over a thousand agricultural experts from around the world, who had gathered in Delhi last week for the fourth congress on conservation agriculture, deliberated an issue that is vital for sustaining high-growth agriculture without clashing with the environment.

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