Food Category
By Ritwik Sinha Dev Bhumi Foods, a major cold chain player in northern India and a leading importer of fruits in the country, has joined hands with US fruits cooperative agency Tree Top to introduce apple compote products in the domestic market. Delivered in a transparent pouch with year-long shelf life, apple compote is a […]
India is set to grow soybeans on more land in the 2019 crop year as higher prices for the oilseed push some farmers to switch from cultivating competing commodities such as cotton and pulses, a top official of the Soybean Processors Association of India (SOPA) told Reuters. Increased production of India’s main summer-sown oilseed could […]
The World Trade Organization’s quarterly outlook indicator showed that global goods trade growth was likely to remain weak, with a reading of 96.3, unchanged from February, the lowest since 2010. “The outlook for trade could worsen further if heightened trade tensions are not resolved or if macroeconomic policy fails to adjust to changing circumstances,” the […]
India closed its grape export season of 2018-19 with a 31 per cent rise in export of the fruit to Europe, the most premium market. Exports to Russia, China and other destinations are expected to have increased by about 25 per cent to 30 per cent. Grape growers had reported a bumper crop this year […]
India’s buffalo meat exports have fallen 9 per cent as major importer China is not importing directly from India, which makes shipments go via Vietnam or the Philippines, making it costlier. The industry has complained that it has not been given the kind of incentives that other exports get, making things difficult for buffalo meat […]
Bacon could soon be off the fried breakfast menu. African swine flu is sweeping across South East Asia and threatening to spread even further after decimating some pig farmers in China, which consumes more pork than any other country. The virulent disease is now creating a domino effect for commodities markets, farmers and consumers. HSBC’s […]
India’s sugar exports surged to 21.29 lakh tonnes so far in the current marketing year ending September, as against about five lakh tonnes shipped in the entire 2017-18, industry data showed. Out of the 21.29 lakh tonnes exported between October 1 and April 6, raw sugar accounted for 9.76 lakh tonnes, the All India Sugar […]
India’s headline inflation, measured by the Consumer Price Index (CPI), is likely to rise 60 basis points (bps) to 4 per cent this fiscal from 3.4 per cent in fiscal 2019. This base case assumes food inflation rising to 3 per cent from an abnormal low of 0.1 per cent, credit rating agency CRISIL Research […]
India and China have signed a protocol for the export of Indian chilli meal to China, as part of a move to promote “more balanced trade” between the two Asian countries. This is the eighth agricultural product since 2003 for which India and China have signed a protocol for trade. The move comes amidst an […]
The US Department of Agriculture estimates 2019/20 India wheat production at 100.0 million metric tons, up slightly from the previous year because of ideal growing conditions which boosted yields. Area harvested is estimated at 29.8 million hectares, down slightly from 2018, the USDA said in a report, adding that yield is estimated to reach record […]
