PROTEIN DELIGHT

There are chances of Eggs & Meat becoming more price friendly in coming months thanks to an anticipated bumper corn cultivation. According to an estimate corn production is likely to be over 20 million tonne up from last year's 17 million tonne In fact prices in futures market have already shown descending trend.Poultry industry is one of the major consumer of corn and consumes almost 60% of the total production & rest is contributed by the starch industry ,cattle feed &human consumption But the only worrying factor from the consumers point of view is the continuous rise of global corn prices due to the partial damage of crop due to bad weather conditions and increase in global demand .In that scenario if exports takes place from India in a substantial manner,then it can harden the prices in India But to many analysts this is most unlikely as availibility would be significantly more to neutralize any export led hardening But all this is more welcome from the farmers point of view as increased MSP (Rs 8800 per tonne) & profitability would lead more & more farmers to go for maize cultivation Already Maize acerage has crossed 72 lakh hectare Infact taking a cue from the national scenario the Odisha Government has taken a ambitious project of Maize cultivation in 30000 hectre Though the marketing arrangements & other micro details are still in the nascent stage,but still the attempt to diversify from paddy based cultivation to other profitable crops is most welcome Additionally it would help in the establishment of downstream projects leading to value addition which should be the utmost priority in the contemporary times

PROTEIN DELIGHT

There are chances of Eggs & Meat becoming more price friendly in coming months thanks to an anticipated bumper corn cultivation