Higher oilseed production in India, the world's biggest buyer of cooking oils, will cut palm oil imports from Malaysia and Indonesia and trim soyoil and sunflower oil purchases from Brazil, Argentina, Russia and Ukraine.
from Agriculture-Economy-News-Economic Times https://ift.tt/3os9KCu
The Food Ministry will soon move a Cabinet note seeking extension of the sugar buffer stock subsidy scheme for next year, Food Secretary Sudhanshu Pandey said on Friday. from Agriculture-Economy-News-Economic Times https://ift.tt/3klRYQr
The govt on Thursday banned exports of onion seeds with immediate effect. Earlier, the export of onion seeds was in the restricted category, which means an exporter was required to obtain a licence or permission from the government for shipments. from Agriculture-Economy-News-Economic Times https://ift.tt/3oF5vob
For edible oils, the limit would be three tonnes for retailers and 50 tonnes for wholesaler and it would be applicable until the year end, an official statement said. Oilseed processors could hold stocks up to 90 days of their daily production capacity. from Agriculture-Economy-News-Economic Times https://ift.tt/dflviPY
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