Oilmeal exports drop 74% in February 2020 on better price realisation

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 […]

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Soil Health Card can increase farm income up to Rs 30,000 per acre: NPC Study

A latest government study has revealed that the use of soil health card has helped growers reduce substantially the cost of production & achieve higher production, thus boosting farm income up to Rs 30,000 / acre, depending on the crop.   The study that was conducted by the National Productivity Council (NPC) in 76 districts […]

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India to harvest record wheat production of 106.21 million tonnes in 2019-20: Ministry of agriculture

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India is set to harvest a record wheat production of 106.21 million tonne in the 2019-20 crop year on the back of good rains, according to latest government data. Wheat production has been rising year-on-year and the previous record of 103.60 million tonne was achieved during the 2018-19 crop year (July-June). Wheat is the main rabi (winter) crop, harvesting […]

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Kharif production likely to decline by 53% due to heavy post-monsoon showers: NBHC

The country’s kharif food production could be much lower than the Centre’s first advance estimate of a marginal fall. Heavy post-monsoon showers are a key reason. The production of coarse grains, pulses, oil seeds and sugarcane is expected to decline in the summer season of 2019-20 due to late monsoon and erratic and heavy rains […]

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USDA raises 2019-20 global oilseeds production forecast; also raises corn estimates

The United States Department of Agriculture (USDA) has raised its forecast for global 2019/20 oilseed production by 3.3 million tonnes to 574.6 million tonnes, with greater soybean, sunflower seed, and peanut production partly offset with lower rapeseed and cottonseed forecasts. China’s soybean production is projected up 1.0 million tons to 18.1 million tonnes reflecting higher […]

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