Even as the International Sugar Organization (ISO) has raised its forecast for 2018-19 global sugar surplus to 1.83 million tonnes, up from its previous estimate of 641,000 tonnes, thanks to increased production in India and Thailand as well as a diminished outlook for sugar consumption, Maharashtra and Tamilnadu in India are reporting huge output cuts […]
Export-Import Bank of India (Exim Bank) has forecast that India’s merchandise exports will increase from 81.9 billion dollars to 84 billion dollars with an expected growth rate of 2.5% during the first quarter (April to June) of 2019-20 over the corresponding quarter of the previous year. Of this, non-oil exports are likely to increase from […]
India’s natural rubber production is expected to rise by 10 per cent to 750,000 tonnes in 2019-20 as against 648,000 tonnes in the previous fiscal, according to latest estimates from the Rubber Board. The tappable area, according to Rubber Board, has gone up from 640,000 hectares in 2018-19 to 665,000 ha in 2019-20, because of […]
Coastal Corporation, one of India’s leading processor and exporter of shrimps, has embarked upon a Rs. 61 crores expansion-cum- foray into solar energy. Accordingly, the company is setting up a new processing unit at an estimated investment of Rs. 29 crore, a new pre-processing unit at an investment of Rs. 7 crores and a solar […]
By Ritwik Sinha As you take the left turn after crossing Manesar on the Delhi-Jaipur highway towards Panchgaon and drive down for more than a kilometer, the covered tall structures visible from a distance hardly give you the impression of being a serious lab for alternative farming. But when you reach the spot, the place […]
India’s export of oilmeal, used as animal feed, declined 78 per cent to 58,549 tonnes in May 2019, as shipments to Iran dropped sharply because of US sanctions, industry body Solvent Extractors Association (SEA) of India (SEA) said. India was able to export only 17,385 tonnes of soyabean extract to Iran during last month, the […]
Global food prices rose for the fifth consecutive month in May, pushed up by rising prices of cheese and maize due to adverse weather conditions. The FAO Food Price Index, which tracks monthly changes in the international prices of commonly traded food commodities, averaged 172.4 points in May, up 1.2 percent from the previous month while […]
India’s foodgrains production in 2018-19 is estimated at 283.37 million tonnes which is higher by 17.62 million tonnes than the previous five years’ (2013-14 to 2017-18) average production of foodgrain, but lower than the 285 million tonnes foodgrains produced in the previous year, according to the third advance foodgrain estimates released by the Agriculture Ministry. […]
Climate change is adversely affecting the production of key crops such as wheat and rice, with some countries faring far worse than others, according to researchers. The research, published in the journal PLOS ONE, shows that climate change has already affected production of these key energy sources. The world’s top 10 crops-barley, cassava, maize, oil […]
The Indian government is planning to provide one kg of sugar to an additional 16.3 crore families through the public distribution system (PDS) at a subsidised rate that will cost the exchequer Rs 4,727 crore and is also mulling offering additional foodgrains from buffer stock to clear storage ahead of monsoon. According to sources, the […]
