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 […]
India’s oilmeals export fell sharply by 79.20 per cent to 67,562 tonnes in December 2019, due to price disparity in soybean meal, industry body SEA said. The country had shipped 3,24,927 tonnes of oilmeals during December 2018. Oilmeals are used as animal feed in poultry and other sectors. Overall shipment of oilmeals during April-December period […]
The price of poultry products and mutton have risen by up to 20 per cent in a month, due to a sudden increase in consumer demand with a record fall in temperature this winter. Mutton is retailing in Mumbai at Rs 600 a kg, from Rs 500 a kg about a month before. That of broiler chicken […]
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 […]
China boosted its soybean production by 13 per cent in 2019 amid a trade war with No. 2 supplier the United States, official data showed on Friday, helping it record a slight rise in total food crop output. Soybean production jumped to 18.1 million tonnes, the National Bureau of Statistics said, with the area devoted […]
India’s soybean meal exports in oil year 2019-20 is estimated at 10 lakh tonness, 11.8 lakh tonness lower as compared to last years’ shipment of 21.79 lakh tonnes, according to the Soybean Processors Association of India (SOPA). In addition to a lower crop yield, lack of clarity in continuation of the incentive under the MEIS […]
In a major move, the National Commodity and Derivatives Exchange (NCDEX) has launched India’s first agri index — ‘NCDEX Agridex’, for easy reference to price variations in agricultural commodities, reports Business Standard. Launched with a composition of 10 leading liquid contracts on the NCDEX platform at present, the index is now available as ‘indicative’. It will be made […]
Despite a worsening outlook in the southern hemisphere due to sustained dryness, including drought in Australia, 2019/20 world wheat production is still expected to be higher this year than last, according to the monthly report of the International Grains Council (IGC). Global wheat production in 2019/20 is forecast at 762.3 million tonnes this month, compared […]
India, one of the world’s biggest agricultural producers, experienced its heaviest monsoon rains in 25 years this year. While rain would normally cheer the agricultural heartland, the monsoon was erratic and has left many crops damaged. India is the world’s biggest producer of sugar, cotton and pulses and the second-biggest producer of wheat and rice. […]
The excessive rains this year are likely to affect the soyabean production by around 20 lakh tonne in the country and stand at 89.9 lakh tonne, according to an assessment by the Soyabean Processors Association (SOPA). The soyabean output in 2019 is likely to fall nearly 18% from a year ago. The estimated total production […]
