Afgri Operations has taken over the grain management business of MGK Operating Company as part of a strategy to grow its grain storage
capacity.
Afgri said the deal would
boost its grain storage capacity by 165 000 tons to 4.471 million tons.
The food grains management policy of the Congress led United Progressive Alliance (UPA) government, India is in a mess, according FirstPost.
The Food Corporation of India (FCI) directly and through other state
government affiliates procures rice and wheat from farmers at the
minimum support price set by the government.
As per the prevailing norms the government needs to maintain a total
food grain stock of 31.9 million tonnes as on July 1, of every year. The website claims that the actual amount of food grain stock is much higher than this number.
Northern Nigeria’s grain trade, which supplies almost half of the
Sahel’s cereals, has slowed severely, while abnormally high prices of
staple grains across the Sahel are causing serious food security
concerns in this chronically vulnerable region.
The areas most at risk are southeastern and central Niger, which are
highly dependent on Nigerian grain flows, as well as northern Nigeria
and northern Benin.
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| buckwheat Русский: Гречка Svenska: bovete Botanical name: Fagopyrum esculentum (Photo credit: Wikipedia) |
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