Global Groundnut Oil Market Analysis 2018 Wilmar International, Cargill, Bunge, ADM and Corbion

Edition time | 19th April 2018 Global Groundnut Oil market research study trails vital business parameters and events such as technological innovations, mergers and acquisitions, Groundnut Oil product launches and different business strategies of the Groundnut Oil market taken up in past few decades and that need to be conducted in upcoming five years from 2018 to [...]

2018-04-20T17:46:52+00:00 April 19th, 2018|Agri Commodities|

Mills yet to start sugar exports, await perks

Economic times | 19th April 2018 Despite government making it mandatory for sugar mills to export 2 million tonne sugar in 2017-18 marketing year as per the quota allocated to individual mills, India has not started sugar export due to lack of export parity. While mills are hopeful that the central government may announce export [...]

2018-04-20T17:44:32+00:00 April 19th, 2018|Agri Commodities|

Good Monsoon = Better Income for Farmers? Not Quite

The quint | 19th April 2018 It seemed like the media was on a copy/paste job while headlining the first monsoon forecast released by the Indian Meteorological Department (IMD). “Why the monsoon is so crucial for PM Modi, inflation and the RBI policy,” screamed one. “IMD monsoon forecast spells good news for farmers, government,” announced [...]

2018-04-20T17:43:21+00:00 April 19th, 2018|Agri Commodities|

Foodgrain procurement under MSP regime not as costly as feared; no rush

Business-standard | 19th April 2018 The government has allayed the fears of exorbitant cost of managing the procurement of farm produce under the proposed new minimum support price (MSP) mechanism. Officials said the mechanism could be applicable for the procurement of 12-15 million tonnes of food crops, largely pulses and millets. The remaining crops, for [...]

2018-04-20T17:41:07+00:00 April 19th, 2018|Agri Commodities|

Gur ends quiet in Delhi, rises in Muzaffarnagar

Business-standard | 19th April 2018 Gur (jaggery) prices ended steady at the wholesale market in the national capital today after prices hovering both ends on limited alternate exchange of buying and selling, pegged same on last levels. In contrast, Muzaffarnagar gur market revealed an up trend on the back of shortage of stocks amid speculative buying, registered gains up [...]

2018-04-20T17:40:04+00:00 April 19th, 2018|Agri Commodities|

Coriander, turmeric rise on buying support

Times of India | 19th April 2018 New Delhi, Apr 19 () Coriander and turmeric prices rose by Rs 100 per quintal at the wholesale kirana market in the national capital today in view of increased buying by retailers and stockists amid low stocks. Further, fall in supplies from producing belts and firming trend in [...]

2018-04-20T17:39:02+00:00 April 19th, 2018|Agri Commodities|

Wheat procurement in Haryana crosses 50 lakh tonnes

Business-standard | 19th April 2018 With heavy arrivals in the past 4-5 days, government procuring agencies and traders have purchased over 50.34 lakh tonnes of wheat from farmers in Haryana, a government spokesman said on Thursday. The procurement process, which started on April 1, was running smoothly in the mandis, said a Food, Civil Supplies and Consumer Affairs Department spokesman... [...]

2018-04-20T17:35:59+00:00 April 19th, 2018|Agri Commodities|

2.27 lakh hectares paddy cultivation target for Kharif

Business-Standard | 19th April 2018 District Collector Kartikeya Mishra has said that they have set a target to cultivate paddy in 2.27 lakh hectares for the coming Kharif season in East Godavari district. While reviewing the progress of agriculture and allied departments at the Collectorate on Tuesday, Mishra said that water to Godavari canals would [...]

2018-04-20T17:31:29+00:00 April 19th, 2018|Agri Commodities|

Agri-commodity prices – Will they be more supportive going ahead?

Business-Standard | 19th April 2018 The prices of Indian agri-commodities are driven by local supply/demand, minimum support price (MSP) announced by the government and international price trends. Overall, prices for agri-commodities, particularly ex-cereals, are impacted more by global price trends, as barring cereals, procurement of most other crop output is not material and is done [...]

2018-04-20T17:30:01+00:00 April 19th, 2018|Agri Commodities|

Odisha State Cooperative Marketing Federation Ltd to buy cash crops from farmers

Business-Standard | 19th April 2018 In order to prevent distress sale of oil seeds and pulses, the Odisha State Cooperative Marketing Federation Ltd (Markfed) for the first time will purchase cash crops from farmers through mandis this year. This was announced by Commissioner-cum-Secretary of Agriculture Department S Garg after a review meeting here on Wednesday. [...]

2018-04-20T17:26:20+00:00 April 19th, 2018|Agri Commodities|