Agri News India

Sugar production stood at 30.63 million tonne in the year-ago period. The sugar marketing year runs from October to September. The sugar output achieved so far is much higher than the total output of 31.12 million tonne in the entire 2020-21 marketing year. from Agriculture-Economy-News-Economic Times https://ift.tt/mkxYoHJ

It has stated that countries which have developed industrial fishing should take more obligations based on CBDR (Common But Differentiated Responsibilities) concept and should prohibit harmful subsidies, the source said. from Agriculture-Economy-News-Economic Times https://ift.tt/XJ8VIZ0

Total wheat purchases made by the Food Corporation of India (FCI) and state agencies are, however, much lower than the year-ago period. The rabi marketing year runs from April to March but the bulk of procurement ends by June. An all-time high of 433.44 lakh tonnes of wheat was procured in the previous marketing year. from Agriculture-Economy-News-Economic Times https://ift.tt/hcVqdYn

India's wheat exports stood at an all-time high of 7 million tonnes, valued at USD 2.05 billion, in 2021-22, with over 50 per cent being bought by neighbouring Bangladesh. from Agriculture-Economy-News-Economic Times https://ift.tt/Zt5AHwy

The prices of the pulpy fruit are also expected to soar this summer season due to low production. from Agriculture-Economy-News-Economic Times https://ift.tt/m3wpY0u

The nano urea plant has been set up by IFFCO to provide farmers the means to boost productivity and help increase their income. from Agriculture-Economy-News-Economic Times https://ift.tt/otgqnz4

Mango production in Uttar Pradesh, the largest producer, is expected to be the lowest in two decades, with 80% of the crop being damaged due to the heatwave. from Agriculture-Economy-News-Economic Times https://ift.tt/OMHcJGz

India's wheat exports stood at an all-time high of 7 million tonnes, valuing USD 2.05 billion, in 2021-22 on better demand of Indian wheat from overseas. Of the total wheat exports, around 50 per cent went to Bangladesh. Tomar said India has to also look after the foodgrain needs of its neighbours. from Agriculture-Economy-News-Economic Times https://ift.tt/W4KEVes

Adani Defence Systems and Technologies, a wholly-owned subsidiary of Adani Enterprises on Friday signed a definitive agreement to acquire a 50% stake in Bengaluru-based commercial drone maker General Aeronautics. from Agriculture-Economy-News-Economic Times https://ift.tt/EuCmvry

The government on May 13 banned exports of wheat amid accelerating inflation, but exempted shipments under contracts where letters of credit (LCs) had already been opened. The clearance for the shipment is expected under this exemption, they said. from Agriculture-Economy-News-Economic Times https://ift.tt/uO7dA1R

This revenue growth will be driven by a healthy demand for VAP (28 per cent of overall sales), even as sales of liquid milk stays steady and the full-year benefit of retail price hikes implemented last fiscal is realised, it noted. from Agriculture-Economy-News-Economic Times https://ift.tt/84yRQea

As a result of the floods and landslides at several places, road communication between Barak Valley and the Brahmaputra Valley has been disrupted. “This in turn has severely affected the supply of several essential inputs and the dispatch of made teas. Disruption of road communication to several tea estates from the major towns of that region have been affected,” ITA said. from Agriculture-Economy-News-Economic Times https://ift.tt/3qMXy7L

from Agriculture-Economy-News-Economic Times https://ift.tt/T7tcViS

Tridev Traders, a grains trading firm from Uttar Pradesh, has sent legal notice to KN Agro Resources, a listed Mumba-headquartered company dealing with commodities apart from other interests, about sudden cancellation of the wheat purchase order. from Agriculture-Economy-News-Economic Times https://ift.tt/Jzw1s7C

The consignment, shipped on Monday after Indonesia lifted an export ban on the commodity, will reach India by the end of this week and will be available at the retail end by June 15, said Sandeep Bajoria, chief executive of edible oil importing firm Sunvin Group. from Agriculture-Economy-News-Economic Times https://ift.tt/UjlRdBT

Many brokers and small traders told ET that they do not have the courage to start litigation because it will be an unequal battle. from Agriculture-Economy-News-Economic Times https://ift.tt/dQ20ObD

It has stated that countries which have developed industrial fishing should take more obligations based on CBDR (Common But Differentiated Responsibilities) concept and should prohibit harmful subsidies, the source said. from Agriculture-Economy-News-Economic Times https://ift.tt/VbrULx0

State-owned Food Corporation of India (FCI) and state agencies undertake procurement at the minimum support price to meet the requirement under the public distribution system (PDS) and other welfare schemes. The wheat procurement target has been revised downward to 195 lakh tonnes for the current year from the earlier 444 lakh tonnes due to a fall in wheat output and increased exports. from Agriculture-Economy-News-Economic Times https://ift.tt/tAZwHu7

Agritech firm Fasal revealed that it will be working closely with the India Meteorological Department on exchange of hourly short-range models for rainfall probability, rainfall amount, temperature, and humidity using historic Internet of Things (IoT) data and hourly forecast data, as well as precipitation nowcasting models. from Agriculture-Economy-News-Economic Times https://ift.tt/Ai9nUXc

India imposed the ban after domestic wheat and flour prices surged and a heatwave was expected to affect crops. from Agriculture-Economy-News-Economic Times https://ift.tt/KwCcIkT

New Delhi's statement assumes significance as the members of the multilateral organisation aim to arrive at a deal to curb harmful fishery subsidies ahead of the 12th ministerial conference of the WTO from June 12-15. India is pushing hard for Special & Differentiated treatment in the agreement. from Agriculture-Economy-News-Economic Times https://ift.tt/y0NUtTV

India had put curbs on wheat exports earlier this month to control the food grain's price, which has been rising due to worries over global short supplies amid the Russia-Ukraine war. But traders said there had been no indication of India banning rice exports. from Agriculture-Economy-News-Economic Times https://ift.tt/rXDaz8f

Under the DSR technique, paddy seeds are drilled into the field with the help of a machine that does seeding of rice and spray of herbicide simultaneously. While in the traditional method, young paddy plants are raised by farmers in nurseries first and then these plants are uprooted and transplanted in a puddled field. from Agriculture-Economy-News-Economic Times https://ift.tt/3sJkcYq

India is the world's second-biggest wheat producer, but the government -- itself the country's biggest buyer of the crop -- said it chose to protect food security for its mammoth population despite inflation concerns. from Agriculture-Economy-News-Economic Times https://ift.tt/Pweo04k

​​India also has to increase the shipment of other products that have a potential for upsizing — e.g., organic cereal, millets, select horticulture products plus some value-added items — to keep its agri-export momentum going. from Agriculture-Economy-News-Economic Times https://ift.tt/i6ZtQ2m

Wheat prices had fallen about 8% just after the government banned exports and smaller traders dumped their stocks. Prices have since recovered to pre-ban levels of about Rs 2,250-2,300 per quintal, about 5% above the minimum support price (MSP). from Agriculture-Economy-News-Economic Times https://ift.tt/bTp49E2

Out of the 10 districts in Maharashtra that have topped the list of excess sugarcane stock this year, seven are from the Marathwada region, an official said. from Agriculture-Economy-News-Economic Times https://ift.tt/I9XW0iD

The food ministry is trying to ensure there is enough supply in the domestic market at reasonable prices without disturbing exports from Agriculture-Economy-News-Economic Times https://ift.tt/dK2qZnO

Agriculture secretary Manoj Ahuja had last week attributed the the fall in wheat production to lower crop yields, mainly in Punjab and Haryana due to the heat wave. He had also indicated wheat production could decline to 105-106 million tonnes this year. from Agriculture-Economy-News-Economic Times https://ift.tt/JChR9An

In the current season, 521 mills operated against 506 mills which operated last season. As on 15th May, 2022, 405 mills had closed their crushing operations while 116 sugar mills were still operating in the country. However, in the last season 2020-21, 461 mills had closed their crushing operations and only 45 mills were operating on the corresponding date. from Agriculture-Economy-News-Economic Times https://ift.tt/jwmz3UJ

"The company aims to strengthen its presence pan-India with 36 new offices across 16 states," SLCML said in a statement. These offices "Krishi Vikas Kendras" will serve as a connecting thread between the digital application of SLCM and its already present physical network of 9,244 warehouses across India, it added. from Agriculture-Economy-News-Economic Times https://ift.tt/e1GXg6w

from Agriculture-Economy-News-Economic Times https://ift.tt/BF3XIOJ

Last week, a long term pact was signed between Indian and Jordanian companies for an annual supply of 30 lakh tonnes of rock phosphate used in DAP making, 3 lakh tonnes of potash, 2.50 lakh tonnes of DAP and 1 lakh tonnes of phosphoric acid, for the next five years, he said. from Agriculture-Economy-News-Economic Times https://ift.tt/02TjaXk

Importers, especially those in Asia, were banking on wheat from India, the world's second-biggest producer, after exports from the Black Sea region plunged following Russia's Feb. 24 invasion of Ukraine. from Agriculture-Economy-News-Economic Times https://ift.tt/BwFOKRj

Prices of Darjeeling tea fell to half at the auctions last week compared with the previous week as a result of weak demand from Europe, raising concerns in the industry. from Agriculture-Economy-News-Economic Times https://ift.tt/eiP6wz7

The move to ban the export of wheat was prompted by rising inflation. Retail inflation hit an eight-year high of 7.79 per cent in April, driven by rising food and fuel prices. from Agriculture-Economy-News-Economic Times https://ift.tt/aFtVBrZ

Lower output coupled with strong export demand then pushed local prices higher, often above the government's fixed procurement price. from Agriculture-Economy-News-Economic Times https://ift.tt/21PKuiX

Wheat prices surged to a new record high on Monday after India decided to ban exports of the commodity as a heatwave hit production. The price jumped to 435 euros ($453) per tonne as the European market opened. from Agriculture-Economy-News-Economic Times https://ift.tt/kTBen9V

The government has said that it will allow those exports to carry on, which have letter of credit (LC) issued before May 13. However, exporters said hardly 10% of the wheat exports take place through LCs, which means, that a large quantity of wheat contracted by traders cannot go overseas. from Agriculture-Economy-News-Economic Times https://ift.tt/i9Obj5L

"The Centre has asked wheat producing states and UTs with procurement closing dates expiring early to continue procurement till 31st May, 2022," the Food Ministry said in a statement. from Agriculture-Economy-News-Economic Times https://ift.tt/jrwYd5K

Kamal Jalan Chairman NETA stated, “It has been observed that during the last ten months, i.e., from July, 2021 to April, 2022 the price of Natural Gas has risen from Rs. 5,085.00 to Rs. 21,119.57 for per 1000 scum. The per scum price of the Natural Gas has gone up by four times during the last ten-month period”. from Agriculture-Economy-News-Economic Times https://ift.tt/sN453qP

Union food ministry, in a statement, said the Fair and Average Quality (FAQ) of wheat with shrivelled and broken grains has been relaxed up to 18 per cent without any value cut. from Agriculture-Economy-News-Economic Times https://ift.tt/eJdhz9E

The surprising thing is that India isn’t even a prominent exporter on the world stage. The fact that it could have such a major impact underscores the bleak prospect for global wheat supplies. War has crippled Ukraine’s exports, and now droughts, floods and heat waves threaten crops in most major producers. from Agriculture-Economy-News-Economic Times https://ift.tt/LJablVY

The commerce ministry was of the view that India should utilise the strong global demand to export more. That actual production was likely to be much lower than even the downward revised amount, also clinched the case for an export ban. from Agriculture-Economy-News-Economic Times https://ift.tt/gUArN8T

from Agriculture-Economy-News-Economic Times https://ift.tt/tIV2OGu

India has banned wheat exports with immediate effect as part of measures to control rising domestic prices, according to official notification. from Agriculture-Economy-News-Economic Times https://ift.tt/mkgZPMy

After the war hampered logistics in the Black Sea region, which accounts for about a quarter of all wheat trade, India has tried to fill the vacuum. from Agriculture-Economy-News-Economic Times https://ift.tt/oqybXVl

The food ministry is trying to ensure there is enough supply in the domestic market at reasonable prices without disturbing exports from Agriculture-Economy-News-Economic Times https://ift.tt/kc5zJeK

Stating that the maize crop has multiple benefits as it is used as foodgrain, and animal feed, besides making ethanol, the minister said the government has increased the minimum support price (MSP) for maize significantly to augment production of this coarse cereal. from Agriculture-Economy-News-Economic Times https://ift.tt/MjNogDu

Tomar, who was in Israel on a four-day official visit from May 8, met his Israeli counterpart Oded Forer at the Knesset (Israel's Parliament). They discussed various issues related to modern agro techniques, capacity building, transfer of knowledge know-how and support in the fields of agriculture, water management, environment and rural development, keeping in view the scope and potential of agriculture development in both the countries. from Agriculture-Economy-News-Economic Times https://ift.tt/qfEVZkl