Wheat headed for bumper output in India while global supply threatens to tighten

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The prospects of a bumper wheat crop this rabi season may overwhelm procurement agencies. Saddled with huge stocks they may lower prices, hitting farmers adversely. As on Friday, the total wheat acreage was 330.2 lakh hectares (lh), up 33.22 lh compared to the previous rabi season’s 297 lh. Considering the increase in sowing in various […]

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NAFED issues international tender to buy, import 100,000 tonnes of corn

NAFED has issued an international tender to purchase and import up to 100,000 tonnes of corn (maize), European traders revealed to Reuters. The corn should be sourced from Ukraine, they said. The tender closes on December 3 with offers having to remain valid up to December 24. NAFED, the National Agricultural Cooperative Marketing Federation of […]

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India expects 1,000 tonnes of onion imports by the end of November 2019

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Private traders have placed orders for importing onions and at least 1,000 tonnes are expected by month end, which will help ease retail prices that is still ruling high at over Rs 60/kg, a senior government official said. The retail prices of onion had soared to Rs 100/kg a week back in the national capital, […]

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