Unseasonal rains in September and October last year that had damaged vineyards in Maharashtra has led to a decline in grape exports this season, as compared to the corresponding period last year. Exporters, however, believe exports will pick up soon and the season’s exports to Europe should be good this year as well. All India […]
Inaugurating the UN World Pulses Day celebrations in New Delhi, Union Minister for Agriculture & Farmers Welfare Narendra Singh Tomar said that initiatives of the Government in increasing pulses production in the country yielded positive results and Government is committed to provide remunerative prices to farmers for the produce, a release by Press Information Bureau […]
The country’s dairy sector hopes to see up to Rs 60,000 crore of new investment and creation of 10 million jobs in five years, in the wake of the Union Budget proposals, reports Business Standard. The finance minister had announced a target of doubling the annual milk processing capacity to 106 million tonnes, from the existing 53 million tonnes. […]
Amid the setback faced by the Indian basmati exporters over stalled shipments due to the ongoing US-Iran standoff, the prices of non-basmati paddy are holding firm and rising in some local markets after reports of crop damage following last year’s heavy rainfall and subsequent flooding in major growing areas have surfaced, Business Standard reports. After the advisory by All India Rice […]
The country’s sugar production has fallen sharply by 30.22 per cent to 7.79 million tonnes in the first three months of current marketing year ending September, but ex-mill prices have remained stable so far, helping mills clear cane payment to farmers on time, ISMA said. However, sugar exports are happening at a good pace, Indian […]
To prevent the repeat of this year’s onion crisis, the Centre has decided to create a buffer stock of 1 lakh tonnes of the key kitchen staple in 2020, a senior government official said on Monday, as per PTI reports. The government had created a buffer stock of 56,000 tonnes for the current year but […]
The National Federation of Cooperative Sugar Factories (NFCSF) is seeking restructuring of the soft loans given to factories in past five years. The sugar industry is in deep financial distress and needs support, Prakash Naiknavare, managing director, NFCSF said to Financial Express. He also hinted at the possibility of the Centre raising the MSP of […]
After placing orders from Egypt, state-owned trading firm MMTC, which is importing onion on the behalf of the Centre, has placed an order of 11,000 tonnes of edible bulb from Turkey as part of its efforts to boost domestic supply and ease soaring prices. This is the second import order placed by the MMTC. The […]
India’s sugar production declined 64 per cent to 4.85 lakh tonnes till November 15 in the current marketing year that started last month as mills in Maharashtra have not yet begun their operations, industry body ISMA said. Sugar marketing year runs from October to September. Maharashtra is set to start its crushing season from 22 […]
Global rice production in 2019-20 is expected to remain flat as a large harvest from India is expected to offset lower volumes from Indonesia and the Philippines, the US Department of Agriculture (USDA) said. “Global rice production is nearly unchanged this month, as a larger Indian crop is fully offset by smaller harvests for Indonesia […]
