Food Category
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 […]
The import of vegetable oils in February 2020 has dropped 10.5% to 11,12,478 tonnes compared to 12,42,533 tonnes a year ago, consisting of 10,89,661 tonnes of edible oils and 22,817 tonnes of non-edible oils. The overall import of vegetable oils during November 2019 to February 2020 stood at 45,63,791 tonnes compared to 48,62,849 tonnes, a […]
Malaysia has set itself a target of a month within which to resolve its trade dispute with India over palm oil, the southeast Asian nation’s new commodities minister said to Reuters last week. The deadline follows this week’s swearing-in of a new Malaysian cabinet after Prime Minister Muhyiddin Yassin took office last month. “One of […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
The government’s second advance estimates released last month have pegged wheat output at 106.21 million tonne for 2019-20 crop year (July-June), up by 2.5% from a year earlier. The current spell of rain lashing many parts of India in the last two days has not damaged winter crops, according to initial reports from states. However, […]
