Rice output this kharif season to be lowest in 2 years; to drop by 6% to 6.7 million tonnes  

Production of rice in the ongoing kharif season is expected to be 6.7 million tonnes  less than last year, according to the first advance estimate of agriculture production for the 2022-23 crop year (July-June). This is almost 6.05 per cent less than the same period last year at 104.99 million tonnes.   Rice production in the 2021-22 kharif season was a record […]

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Indian government warns of action against hoarders to streamline wheat supply 

The government said there is sufficient wheat stock in the country and that it will take action against hoarders, if needed, to boost domestic supply. The Centre may consider steps like asking for disclosure of wheat stocks by traders and imposing stock limits to augment domestic availability. Addressing the 82nd AGM of Roller Flour Millers Federation of […]

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India to rope in private players for foodgrains procurement

The Centre will soon invite private players along with Food Corporation of India and other state agencies to procure foodgrains for buffer stock, food secretary Sudhanshu Pandey said. He informed that the Union food ministry has already written to all the state governments regarding this. Addressing 82nd annual general meeting of Roller Flour Millers Federation of India, […]

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Fall in India’s Kharif paddy output may keep rice prices at higher levels 

A 6-7 million tonnes shortfall in rice production due to a fall in paddy sowing area is likely to keep rice prices at elevated levels, adding to the inflationary pressure that the slowing economy is already grappling with. Elevated food prices, including that of cereals, had led to retail inflation reversing a three-month declining trend, […]

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India’s kharif sowing of groundnut falls by 0.3 million hectares for 2022-23 season

Kharif or monsoon sowing of groundnut in India declined by 0.3 million hectares (MH) for the 2022-23 season to 4.51 MH from 4.86 MH as per government data indicating a 7.2% decrease across the nation, Financial Express reports. In Gujarat, the highest groundnut-producing state in the country, the acreage of the important oilseed has gone […]

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