Developed by G Hemaprabha and Bakshi Ram of Coimbatore-based Sugarcane Breeding Institute, the sugarcane Co-11015 variety can increase yield to 142 tonne petr hectare from about 100 tonne currently achieved through the Co-86032 variety. According to Ram, director of the institute, though the variety has been approved by Tamil Nadu it is yet to be […]
India had its driest June in five years due to a delay in monsoon rains, the weather department said, raising fears for crops and the broader economy. Overall, rains were a third below average, although in some states, including the sugar cane growing northern state of Uttar Pradesh, they were as much as 61 per […]
India’s sugar production is estimated to decline 14 per cent to 28.2 million tonnes in the next marketing year starting October, mainly due to fall in sugarcane acreage due to less rains in states like Maharashtra and Karnataka, according to industry body, Indian Sugar Mills Association (ISMA). Sugar output is likely to be at 32.95 […]
The Uttar Pradesh government has failed to achieve its wheat procurement target of 5.5 million tonnes (MT) for the 2019 rabi marketing season, reports Business Standard State agencies fell short of the target by 35 per cent and could only procure about 3.6 million tonnes of wheat till June 15, the day normal procurement season concludes. Last year, UP […]
Sugarcane arrears to farmers touched nearly Rs 19,000 crore as on June 18 of the ongoing marketing year ending September with maximum amount owed by sugar mills in Uttar Pradesh, according to the government data. Mills in Uttar Pradesh owe the maximum amount at Rs 11,082 crore, followed by Karnataka (Rs 1,704 crore) and Maharashtra […]
Authors: Ms. Khushbu Lakhotia, Senior Analyst, Corporate Ratings, India Ratings and Research (Fitch Group) & Mr. Jinesh Rajpara, Analyst, India Ratings and Research (Fitch Group) The recent hike by Rs. 2 per kilogram (kg) in the minimum selling price (MSP) of sugar to Rs.31 per kg could generate an additional income of Rs.30-35 billion for […]
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 […]
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 […]
Eight states including Uttar Pradesh are offering inter-state trading via 21 electronic national agricultural market (eNAM) so far in the country, the Agriculture Department said. Under the eNAM, launched in 2016, agri-trading was initially allowed within a mandi and later inter-mandi within a state was permitted. So far, 10 states are offering inter-mandi trade within […]
The Centre is likely to revise the sugar minimum selling price (MSP) by 10 per cent from its current level of Rs 29 a quintal to Rs 32 a quintal in the weeks ahead. Last year, the Union food ministry had fixed the ex-factory sugar sale price at Rs 29 a quintal to help domestic sugar mills […]
