India’s edible soyabean oil imports have skyrocketed 100 times in just a matter of one year and is still on a rising trend. After continuously rising onion prices, the increase in soyabean oil prices is likely to make the Indian dishes more expensive. Soyabean oil prices are surging, taking cues from the increased dependence on […]
Maharashtra’s cotton farmers who had defied the government and planted herbicide tolerant cotton (HTBT) in their fields are now planning to begin a technology freedom movement in the country that will be led by the Shetkari Sanghatana, reports Financial Express. The farmer body plans to take this movement further by planting other GM crops, including […]
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 […]
Not a single sugar mill has started crushing despite Maharashtra’s sugar season of 2019-20 officially commencing last Friday (22 November). The delay is being linked to the ongoing political crisis in the state and the aggressive agitation launched by farmer body Swabhimani Shetkari Sanghatana (SSS) for seeking higher prices for cane growers. The farmers’ outfit […]
High cotton production due to greater-than-average rainfall in the country and increased sowing by farmers may adversely impact prices. As per Cotton Corporation of India (CCI) estimates, cotton production is likely to increase 13.6 per cent to 35.5 million bales (170kg) for the October 2019-to-September 2020 season. Area under cotton cultivation has increased by 6 […]
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 […]
India’s 2019-20 sugar production is set to fall by 19 per cent over previous year, industry body Indian Sugar Mills Association (ISMA) said in its first estimate of sugar production for 2019-20. India is expected to produce 268.5 lakh tonnes sugar in 2019-20 as against 331.61 lakh tonnes produced in the previous year. A press […]
Preliminary estimates by the agriculture department of Maharashtra reveal that standing crop spread over 54 lakh hectare has been damaged by the unseasonal rains. Chief minister Devendra Fadnavis has directed officials to conduct Panchanamas so that the government can assess the total damage and consider compensation for farmers. Farmers have demanded immediate Panchnamas to help […]
Cotton prices continued to reduce in August 2019, mainly due to a fall in international prices, rating agency India Ratings and Research (Ind-Ra) said in its latest report, adding that it expects prices to fall further as global production is likely to be higher than demand growth. With local prices (MSP) being higher than international […]
India’s out-year centrifugal sugar production will decline for the second consecutive year to 29.3 million tonnes, which is 14.6 per cent below the previous season, according to the latest data compiled by United States Department of Agriculture (USDA). This forecast includes 620,000 tonnes of khandsari (a local type of low-recovery sugar prepared by open-pan evaporation) […]
