NAFED to procure 20 lakh tonnes each of pulses, oilseeds at MSP

India’s central government’s National Agricultural Cooperative Marketing Federation (NAFED) is planning to buy 20 lakh tonne of mustard and 15-20 lakh tonne of pulses in the ongoing rabi (winter-sown) harvesting season at the minimum support price (MSP). NAFED will buy pulses and oilseeds on behalf of the government to provide MSP to farmers. The co-operative […]

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India’s rapeseed production may hit record 8.5 million tonnes in 2018-19: SEA

Rapeseed production in India in 2018/19 is expected to rise nearly 19 per cent from a year earlier to a record 8.5 million tonnes due to conducive weather and as higher prices prompted farmers to expand areas under planting, a leading trade body Solvent Extractors’ Association of India (SEA) said in a statement. Rapeseed mustard […]

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India’s wheat plantation acreage surge in rabi season 2018-19; rice, pulses, oilseeds decline

According to the latest official data from the ministry of agriculture, wheat sown in India reached 298.47 lakh hectare so far in the rabi season 2018-19 as against 299.84 lakh hectare a year ago. Sowing of wheat, the main rabi crop, begins from October and harvesting from March-April. However, sowing of rice, pulses, coarse cereals and oilseeds […]

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Soybean output in India likely to reach 110 lakh tonnes on high acreage

Due to increase in acreage and conducive weather condition, country’s Soybean output is likely to touch 105 lakh tonne-110 lakh tonnes, industry experts aver. Although there was a drought like situation in some parts of key growing area, Soybean output have not been impacted much. The average production of the previous three seasons is in […]

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India sets foodgrain production target at record 285.2 million tonnes for 2018-19

The government of India has set a target of record 285.2 million tonne of foodgrain production in the 2018-19 crop year despite deficit rains so far this monsoon. India harvested a record 284.83 million tonnes of foodgrain in the 2017-18 crop year (July-June). Harvesting of Kharif (summer sown) crops will begin from end of this […]

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Minimum support price for jowar at 150% of cost will distort market price in India: ICRIER

The Indian government’s plan to declare minimum support price (MSP) for the entire range of rabi crops may not be a great idea, agriculture economist Ashok Gulati and his team of experts have suggested in a working paper published by the Indian Council for Research on International Economic Relations (ICRIER). The experts also have doubts […]

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