India heading for fifth straight bumper wheat harvest – report

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India is heading for its fifth consecutive bumper wheat harvest in the upcoming marketing year thanks to favourable weather conditions in the major wheat growing areas, the U.S. Department of Agriculture (USDA) has said in a report. Assuming normal weather conditions through the harvest (April-May), it forecast marketing year (MY) 2020/2021 (April-March) wheat production at […]

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Indian traders urge payment mechanism with Iran to improve record basmati exports

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India’s basmati rice exports are set to touch a record 5 million tons in 2020/21, which could potentially increase still further if the government and state-run agencies are able to resolve a payment snag with key consumer Iran, Vinod Kaul, executive director of the All India Rice Exporters Association said Tuesday. Speaking at a meeting organised by […]

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Monsoon boosts top rice exporter India’s prospects

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Strong monsoon rains have buoyed top rice exporter India’s prospects amid competitive prices and expectations of a record summer crop,  a top trade official told indoasianommodities.com. Exports of premium basmati rice have notched an 11% growth between April and June. Though data is not yet available for July and August, indications are that the trend […]

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World’s top rice exporter India expects shipments to be unchanged this fiscal despite port problems

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World’s leading rice supplier India expects exports to remain unchanged this fiscal from last year, notwithstanding a port congestion following a covid-induced lockdown. “In April and May, vessels were not available. But the impact of the pandemic on logistics is subsiding and exports have started picking up,” Vinod Kaul, executive director of All India Rice Exporters […]

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