UP targets rabi wheat procurement of 5.5 million tonnes at Rs 1,925/quintal MSP

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The Uttar Pradesh government has set an ambitious wheat procurement target of 5.5 million tonnes (MT) for the coming 2020-21 rabi marketing season, reports Business Standard. The state cabinet meeting chaired by chief minister Yogi Adityanath last evening approved the rabi procurement policy under the minimum support price (MSP) of Rs 1,925 per quintal (100 kg) set by the […]

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Potato prices jump by 25% due to crop damage, frequent hailstorms

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Potato prices have jumped by 25 per cent in a month due to crop damage and frequent hailstorms in major cultivating regions. The price currently stands at double than its quote around the same time last year, reports Business Standard. The data compiled by the Nashik-based National Horticultural Research & Development Foundation showed model potato price […]

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Corona outbreak may boost India’s agri exports, says Agriculture Ministry analysis

Amid the crisis over the global market due to the Coronavirus outbreak, the centre has identified 21 agricultural products wherein India can grab part of China’s market share. As per reports, these include honey, potatoes, grapes, soya beans, and groundnuts, in which Indian exports could benefit from trade restrictions against Chinese goods across the global […]

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Solvent Extractors’ Association’s Mustard Mission to boost rapeseed production in India

The Solvent Extractors’ Association, also known as SEA has started a Mustard Mission together with the Solidaridad with the aim to boost India’s rapeseed production to 200 lakh tons by the year 2025. Chairman, SEA Oilseed Development Council, Haresh Vyas said that this can be achieved by improving the productivity by providing better inputs as […]

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Maharashtra sugar production estimates revised to 60 lakh tonnes this season

Maharashtra’s sugar production estimates have been revised to 60 lakh tonnes from 58 lakh tonnes by the state sugar Commissionerate with increase in sugar recovery rates reported by several mills in Kolhapur region, reports Financial Express. Significantly, sugar mills from Kolhapur and Sangli, which were affected by the floods during the monsoons, have reported 10 […]

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Nashik onion growers seek relief of Rs 5/kg for 45-day period for government’s delay in banning exports

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The onion growers in Nashik are seeking a compensation of Rs 5 per kg for the period from February 1 to March 15 for the delay in the government’s decision to revoke the ban on exports. A report in the Financial Express quotes Bharat Dighole, president, Maharashtra State Onion Growers’ Association, who pointed out that […]

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Oilmeal exports drop 74% in February 2020 on better price realisation

The export of oilmeals during February is provisionally reported at 76,017 tonnes compared to 294,510 tonnes in February last year— down by 74 per cent, according to the Solvent Extractors’ Association of India (SEA). The overall export of oilmeals during April 2019 to February 2020 is reported at 2,200,690 tonnes compared to 2,941,971 tonnes in […]

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