NAFED and FCI procure nearly 38 lakh tonne oilseeds and pulses under PM-Aasha

Nafed and Food Corporation of India, among themselves, have procured nearly 38 lakh tonne of oilseeds and pulses under the flagship PM-Aasha scheme during both kharif and rabi seasons of 2018-19 crop year (July-June), as more and more farmers prefer to sell their crops to government agencies for getting the MSP benefit, says a report […]

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ICAR prepares a 5-year road map to raise oilseeds productivity

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To bring in self-sufficiency in oilseeds sector, the Indian Council of Agricultural Research (ICAR) has prepared a five-year road map, under which area expansion and productivity increase will be the major focus. However, the actual implementation of the proposed initiatives will depend on the budgetary allocation for the self-sufficiency programme, says a report in Financial […]

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Farmers in India shun cotton for other crops due to better incentives

Farmers have reduced area under cotton sowing this season in favour of some oilseeds in which they foresee better earnings. Cotton prices, despite a much lower crop as estimated by trade and industry, have not given them much returns in the last season. Lower cotton acreage and lower availability at a time when crude oil prices are falling is likely to raise […]

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Latest WASDE global agriculture output projections for April

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The latest World Agriculture Supply and Demand Estimate report from the U.S. Department of Agriculture (USDA) gave the following projections for various crops for 2018/19. World 2018/19 wheat supplies are raised 2.1 million tons due mainly to increased beginning stocks that largely reflect multi-year revisions for Iran. Global production and exports are each reduced fractionally, […]

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Global oilseed output seen lower; cotton output, ending stocks seen higher – USDA

The 2018/19 global oilseed outlook includes lower production, crush, and increased stocks compared to last month, the U.S. Department of Agriculture (USDA) said in its latest monthly report. Global oilseed production is down 0.2 million tons, with lower soybean production more than offsetting higher rapeseed and cottonseed, it said, adding that soybean production was reduced […]

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