UP wheat procurement slips 35% against 5.5 million tonnes target

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 […]

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Australia’s winter crop forecast to jump 20 per cent after last year’s drought – ABARES

Australia’s winter crop will jump 20 per cent after a drought-ravaged season last year, national forecaster ABARES said in a statement. It forecast this year’s winter crop to reach 36.4 million tonnes. “Above average May rainfall in South Australia, Victoria and southern New South Wales made for favourable planting and growing conditions in these regions. […]

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Indian government pegs foodgrains production at 283.37 million tonnes in 2018-19

India’s foodgrains production in 2018-19 is estimated at 283.37 million tonnes which is higher by 17.62 million tonnes than the previous five years’ (2013-14 to 2017-18) average production of foodgrain, but lower than the 285 million tonnes foodgrains produced in the previous year, according to the third advance foodgrain estimates released by the Agriculture Ministry. […]

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World cereal production to increase in 2019, but stocks to still decline slightly in 2019/20, says FAO

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Early prospects point to a likely rebound of 2.7 percent in global cereal production in 2019, following a decline registered in 2018, the U.N. food agency said in its latest report. “Based on the conditions of crops already in the ground and on planting intentions for those still to be sown, and assuming normal weather […]

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Exports of certain commodities to Maldives exempted from restrictions in FY20

Exports of specified quantity of essential commodities to Maldives have been exempted from any kind of domestic restrictions or prohibition in the current fiscal, PTI reported, citing an official notification. “Export of potatoes, onion, rice, wheat flour, sugar, dal and eggs has been permitted to Maldives under bilateral trade agreement between India and Maldives during […]

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