The revision of poverty estimates will have a wide and deep impact on our understanding of agriculture and its place in the rural livelihoods circle. The Report of the Expert Group to Review the Methodology for Estimation of Poverty (Planning Commission, November 2009) is now out and it has already shaken up the 'official' figures.
Sunflower is one of the major oilseeds containing 35-50% of oil and 17-25% of protein. High fibre, low protein and high wax content are the major constraints in obtaining better yield of oil. Total world production of sunflower seeds in 2012-2013 may amount to approximately 36.36 million tonnes (40.29 million tonnes in 2011-2012). Ukraine, Russia, Argentina, China and Turkey are the major producers of sunflower seeds globally.
Seed companies demand that price for Bollgard-I and Bollgard-II (Bt cotton seeds) should be increased for the kharif season. They wanted a hike of Rs.200 on BG-I (from Rs.650 to Rs.850) and Rs.300 on BG-II (from Rs 750 to Rs 1,050).
The FAO food price index for December 2009 shows that global food prices are on the ascent again. FAO's Food Price Index monitors and plots the price movements of a food basket composed of cereals, oilseeds, dairy, meat and sugar. The December rise is the fourth straight monthly rises. In its December Food Outlook report FAO said that "market conditions are different from those that triggered the food price crisis that started two years ago" but I think that's an anti-alarmist tack taken by FAO.