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Daily Pioneer | 23rd April 2018 The Government procuring agencies and traders have purchased more than 65.08 lakh tonnes of wheat from farmers in Haryana during the ongoing procurement season.The procurement process, which started on April 1, is running smoothly in the mandis, said a spokesman of Food, Civil Supplies and Consumer Affairs Department.Haryana is [...]

2018-04-24T10:27:16+00:00 April 23rd, 2018|Agri Commodities|

Why MSP at cost plus 50% is no big deal

thehindubusinessline | 23rd April 2018 The MSP for many crops is already 1.5 times cost; and procurement is either absent or very minimal except for paddy and wheat. There has been much speculation on the Budget promise to farmers of 50 per cent return on cost of production. But this may not help farmers much, [...]

2018-04-24T10:26:09+00:00 April 23rd, 2018|Agri Commodities|

Tamil Nadu seeks 3 lakh tonnes of rice from Telangana

Deccan Chronicle | 23rd April 2018 Tamil Nadu has requested Telangana to supply three lakh metric tonnes of rice to meet the state’s demand. It has offered to pay Rs 30 more than the minimum support price (MSP) per quintal.On Sunday, Civil Supplies Minister Etela Rajender held a meeting to discuss the proposal with rice [...]

2018-04-24T10:24:23+00:00 April 23rd, 2018|Agri Commodities|

Around 1.17 lakh MT wheat arrives in mandis

Nyoooz | 23rd April 2018 The mandis have recorded an arrival of 1,17,704 MT of wheat so far, out of which 1,15,075 MT wheat have been procured by various agencies.Giving the details, here on Sunday, Deputy Commissioner, Amit Kumar said the day’s arrival was recorded as 17,595 MT while purchase as 22,596 MT… Source:https://www.nyoooz.com/news/jalandhar/1091717/around-117-lakh-mt-wheat-arrives-in-mandis/

2018-04-24T10:22:09+00:00 April 23rd, 2018|Agri Commodities|

Sebi proposed as regulator for spot commodity exchanges for gold, metals

Business-standard | 23rd April 2018 Spot commodity exchanges for gold, metals and even energy products like natural gas could see the light of day under the Securities and Exchange Board of India (Sebi) as the regulator.This has been recommended by a committee on the subject. It was appointed by the finance ministry under NITI Aayog member Ramesh [...]

2018-04-24T10:20:39+00:00 April 23rd, 2018|Agri Commodities|

Why Punjab shouldn’t be India’s rice bowl and Maharashtra must shun sugarcane

Financial Express | 23rd April 2018 Punjab farmers, helped by near-total irrigation, stick to rice cultivation since it is profitable for them. Free power provided by the state government and an assured paddy procurement mechanism keep them going. This is when rice could have been grown with substantially lesser use of irrigation water in the [...]

2018-04-24T10:19:19+00:00 April 23rd, 2018|Agri Commodities|

Bt seeds have left farmers without option: State agri min

Times Of India | 23rd April 2018 The genetically modified Bt cotton seed, introduced in 2002, has wiped out alternatives from the market, said state’s agriculture minister Pandurang Phundkar. The seed has been developed by US biotech giant Monsanto. “Bt seed was dubbed to increase cotton output, but the fact that it also increases cost [...]

2018-04-24T10:31:22+00:00 April 23rd, 2018|Agri Commodities|

Indian Oil Q4 PAT seen up 108.5% YoY to Rs. 7,758.1 cr: KR Choksey

Money Control | 22nd April 2018 KR Choksey has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Oil & Gas sector. The brokerage house expects Indian Oil to report net profit at Rs. 7758.1 crore up 108.5% year-on-year (down 1.6% quarter-on-quarter).Net Sales are expected to increase by 27.5 percent Y-o-Y (up 15.6 percent Q-o-Q) to Rs. [...]

2018-04-24T10:29:28+00:00 April 22nd, 2018|Uncategorized|

Shortage of non-BT seeds in Maha, admits minister

Business-Standard | 22nd April 2018 "Maharashtra Agriculture Minister Pandurang Phundkar today said farmers in the state would have to use BT seeds for the Kharif season as non-BT seeds are not available in the market at present."We have directed agriculture universities andagriculture research centres to develop non- BT seeds. Presently, non-BT seeds are not available in market. As a result, farmers will have to use BT seeds with precaution for [...]

2018-04-24T10:28:22+00:00 April 22nd, 2018|Agri Commodities|

Haryana CM orders special survey to estimate crop loss

thehindubusinessline | 22nd April 2018 Haryana Chief Minister Manohar Lal Khattar ordered a special girdawari (revenue survey) today to assess crop loss caused by fire due to high-velocity winds.Last week, the state police honoured six personnel for saving the wheat crop of a farmer from fire by dousing the flames with tree branches in Fatehabad [...]

2018-04-24T10:23:20+00:00 April 22nd, 2018|Agri Commodities|