TSX:AGTPRA - Post by User
Post by
Carlos66on Nov 29, 2016 9:01am
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Post# 25526230
re: Indian Farmers
re: Indian Farmers---according to Behr, Indian production volume of pulses maybe coming back to norms; so maybe to offset declining imports from India & bad weather locally which affects volumes & quality, we should start sourcing in India to take advantage of cheaper inputs. By diversifying our sourcing there we would also cut transportation costs to sell to the far east markets as well as helping to influence pricing/quality of product. I'm sure better farming techniques by Indian farmers who probably don't get much help from their gov't. if the currency note change is any example. The change w/o notifying the farmers came right at a time of need for currency for seeding the next crop. Farmers are not near banks nor do they use banks for borrowing mainly. They use independent lenders who are not sensitive to the needs of the farmers.
---AGT may see declining sales from India???
carlos