India’s kharif groundnut production is likely to fall by 29.2% from a year ago to 3.74 million tonnes, as scanty rainfall hit yields in the top producing western state of Gujarat, a leading trade body said. The drop in output could force the world’s biggest edible oil importer to raise overseas purchases in the 2018-19 […]
The total area under Kharif cultivation in India currently stands at 1,023 lakh hectares as compared to 1,027 lakh hectares covered during the corresponding week last year, recording a marginal drop of 0.41 per cent, according to a latest update from the Ministry of agriculture. Rice planting was completed on 370 lakh hectares as against […]
Sowing of crops in Gujarat is yet to pick up because of the deferred monsoon. With almost half of the state facing deficit rainfall this year, the state government has begun a survey to assess the damage in areas where sowing is complete. According to the latest figures, sowing is over in 38.71 lakh hectares, […]
After NAFED found it difficult to sell off the groundnut heaps to millers, the latter are suggesting export of groundnut meal instead, a Hindu Business Line report confirms. Millers are suggesting to push groundnut meal exports, a by-product of groundnut after oil has been extracted from it. It is considered a rich source of protein […]
The National Agricultural Cooperative Marketing Federation of India (NAFED) is finding it difficult to sell groundnut stocks procured from farmers at minimum support prices (MSP) on behalf of the Gujarat government to oil millers and traders due to quality and price issues. At present, NAFED is selling the groundnut in Gujarat at Rs 3,500-3,600 per […]
As per the second advance estimates, production of foodgrains in Gujarat during 2017-18 is estimated at 66.88 lakh tonnes, down by 7.22 lakh tonnes — or by around 10 per cent — as compared to 74.2 lakh tonnes last year, the state government said in its Socio-Economic Review for the year 2017-18. The biggest drop […]
The government of India has directed the National Agricultural Cooperative Marketing Federation of India Limited (NAFED) to procure an additional 1 lakh tonnes of the groundnut from Gujarat at the minimum support price (MSP) of Rs 4,500 per quintal. NAFED has already procured around 8 lakh tonnes of groundnut in the ongoing season. Initially, the […]
The woes of groundnut farmers in Gujarat are likely to worsen after the National Agriculture Cooperative Marketing Federation (NAFED) has decided to stop procurement of groundnut at minimum support price (MSP) once it procures eight lakh tonnes, the limit set by the central government. NAFED, which is the designated agency to procure groundnut at MSP, […]
The National Agricultural Cooperative Marketing Federation of India (NAFED) has procured a record 6.57 lakh tonnes of groundnut so far from Gujarat in the current kharif marketing season. Of the 6.57 lakh tonnes procured from Gujarat, around 5 lakh tonnes has been from 11 districts of Saurashtra, the state’s groundnut bowl. Saurashtra farmers also constitute […]
The Solvent Extractors’ Association of India (SEA) has requested the government to increase the import duty on edible oils as the prices of several oilseeds, including groundnut and soybean, had fallen below the minimum support price (MSP) levels on cheaper imports of edible oils. The demand for a hike in import duty comes in the […]
