Eggs, chicken to turn costlier in India as feedstock prices rise
Eggs and chicken are set to become more expensive as the prices of poultry feed ingredients soyabean and maize are firming up due to a shortfall in supplies, …
World cotton stocks may fall to 17.6 million tonnes in 2018-19: ICAC
By the conclusion of the 2018/19 season, world cotton stocks are projected to drop to 17.6 million tonnes, reflecting a decrease of 5 per cent from the …
India’s interim budget 2019-20 offers cash dole to small farmers before general election
Pitching a strong re-election bid, India’s BJP-led NDA government announced the biggest income tax sops for middle class, including complete exemption for …
India’s foodgrain production, procurement may hit record high in FY19
India’s foodgrain production is estimated to grow to an all-time high of 284.83 million tonnes in the 2017-18 crop year ending June, driven by record output …
China adds more commodity options to hedge price risks – report
China has launched options for natural rubber, cotton and corn, adding to the tools available to hedge price risks in the world’s major commodity market, …
IGC revises up world wheat, corn output forecast; India likely to post bumper production
Total grain production in the 2018/19 marketing year will be 10 million tonnes higher than expected, and global stocks 6 million tonnes more than previously …
India to link 22,000 mandis with e-NAM by 2022
The government of India is planning to link 22,000 mandis across the country with the National Agriculture Market (e-NAM), an online trading platform for …
IMF retains India’s FY20 growth forecast at 7.5%; CRISIL predicts a modest recovery at 7.3%
The International Monetary Fund (IMF) has retained its growth projection for Indian economy at 7.5 per cent for 2019-20 and said it is likely to accelerate to …
Coconut Oil demand in India likely to shoot up on low supply
Demand for Coconut Oil is likely to firm up this season due to short supply from key states like Kerala and Tamil Nadu. The impact of floods in Kerala and …
India’s trade deficit shrinks to 10-month low
India’s trade deficit shrank to the lowest in 10 months in December 2018 as lower crude oil prices and falling gold demand reduced the burden on the import …