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Showing posts from November, 2022

India eyes bumper wheat harvest in 2023 as record prices lead to more sowing

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India, also the world's second-biggest consumer of wheat, banned exports of the staple after a sharp, sudden rise in temperatures clipped output even as exports picked up to meet the global shortfall triggered by Russia's invasion of Ukraine. India grows only one wheat crop in a year, with planting in October and November, and harvests from March. from Agriculture-Economy-News-Economic Times https://ift.tt/4i5kY18

Govt's paddy procurement up 9 pc at 306 lakh tonnes so far this year

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Normally, paddy procurement begins immediately after the withdrawal of the Southwest monsoon from October onwards. However in southern states, especially in Kerala and Tamil Nadu, it begins from September. from Agriculture-Economy-News-Economic Times https://ift.tt/hTSzBgy

India's record high prices spur wheat sowing, area up nearly 11% y/y

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Farmers have also increased acreage under rapeseed, the key winter-sown oilseed, to 7.1 million hectares as of Nov. 25, up from last year's 6.2 million hectares, the Ministry of Agriculture & Farmers' Welfare said in its weekly update of sowing data. An intense spell of post-monsoon rains in October and November raised soil moisture levels and helped farmers bring in more area under wheat, the main winter crop, farm experts and growers say. from Agriculture-Economy-News-Economic Times https://ift.tt/oqXu2CZ

Demand for tea dropped by 10.35 pc during Sale-47: CTTA data

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According to CTTA officials, the total offerings amounted to 2,46,299 packages (included 71,22,834 kg) comprising 1,31,783 packages of CTC leaf, 72,850 packages of Orthodox, 3,417 packages of Darjeeling leaf and 38,249 packages of Dust teas. from Agriculture-Economy-News-Economic Times https://ift.tt/UhBlwA3

No action to control wheat prices yet: Food Secretary Sanjeev Chopra

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The price rise of the food grain is in tandem with the increase in the minimum support price (MSP) and general inflationary trends, said Sanjeev Chopra, secretary, the Department of Food. from Agriculture-Economy-News-Economic Times https://ift.tt/OE8i1xX

India's cotton exports stall as farmers delay sales hoping for higher prices

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"Harvesting of the new crop started last month, but many farmers are not willing to sell. They are holding crop hoping prices would rise like the last season," said Atul Ganatra, president of the Cotton Association of India (CAI). from Agriculture-Economy-News-Economic Times https://ift.tt/cr0i2kN

Pre-Budget meet: Farmers' bodies ask government to lift export ban on wheat, other agricultural items

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Imposition of higher taxes on processed foods was another suggestion made by farmers' bodies during the virtual meeting with finance minister Nirmala Sitharaman. from Agriculture-Economy-News-Economic Times https://ift.tt/I6J9Q2D

The story of the purple tomato - and why its success is a win for GM foods

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Although genetically modified foods still get a bit of a bad rap, there are actually many good reasons why modifying an organism's genetics may be worthwhile. from Agriculture-Economy-News-Economic Times https://ift.tt/YxuKzb6

NABARD projects Rs 39,636 crore credit potential for Assam

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The State Credit Seminar, held on 21st November 2022, has pegged 9 per cent higher credit potential than the previous year for the state. Of the total projected credit potential, as much as Rs 19,983 crore (31%) is towards Agriculture and Allied activities. from Agriculture-Economy-News-Economic Times https://ift.tt/sVNEnck

Centre refutes any shortage of fertilisers in rabi season, says there is enough supply

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"There have been some media reports claiming shortage of fertilizers in Trichy, Tamil Nadu and Rajasthan. Such reports are beyond the facts," the Fertiliser Ministry said in a statement. It is clarified that there is more than adequate availability of fertilizers in the country to meet the needs of the ongoing rabi (winter) season, it said. from Agriculture-Economy-News-Economic Times https://ift.tt/Nt0Sq2X

Traders' pulse stock being monitored by government

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The strict monitoring of stock started after the mill gate price of tur dal jumped 6-7% a couple of weeks ago due to disturbance in shipments from Africa. The prices have since softened by Rs 5-6 a kg to Rs 104, after the Indian government resolved the shipments issue with Mozambique. from Agriculture-Economy-News-Economic Times https://ift.tt/osuyFiO

Chief Minister Himanta Biswa Sarma launches Assam Millet Mission

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The Chief Minister said that the mission has been launched in synergy with Prime Minister’s aim of Atmanirbharta (self-sufficiency). With the launch of the millet mission, the farmers of Assam can diversify their cropping practices and other than conventional crops, they can extend their farming to grow millets. from Agriculture-Economy-News-Economic Times https://ift.tt/N85sLIj

Mills in states like UP sell around 5 lakh tonnes of sugar export quota at premium

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Sugar mills in states like Uttar Pradesh, which do not have nearby ports to undertake exports, have sold about 5 lakh tonnes of their export quota at premium in the range of Rs 2,500-4,000/tonne amid firm global prices. from Agriculture-Economy-News-Economic Times https://ift.tt/Xm4OIMV

58.59 lakh metric tonne paddy procured: Haryana Dy CM Dushyant Chautala

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The deputy chief minister -- who also holds the charge of the Food, Civil Supplies and Consumer Affairs Department -- said although the target given by the Centre was 57 lakh metric tonnes of paddy procurement for the current season, the state government procured 58.59 lakh metric tonnes till November 14, a day before procurement process is completed. from Agriculture-Economy-News-Economic Times https://ift.tt/1GIdSma

India's state wheat stock halves from a year ago

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Wheat reserves in state stores totalled 21 million tonnes at the start of this month, down from 42 million tonnes on Nov. 1, 2021, but still slightly higher than the official target of 20.5 million tonnes for the quarter ending Dec. 31. from Agriculture-Economy-News-Economic Times https://ift.tt/LzC3E9h

GM mustard sown in 6 field trial plots days before top court took up plea against it

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The yield evaluation is undertaken at three levels during three seasons. First level is 'Instant Hybrid Trial' (IHT), while the second and third one are Advance Hybrid Trial-1 (AHT-I) and Advance Hybrid Trial-II (AHT-II). If the yield performance fails at IHT level and does not meet the set standards, next level of trials are not undertaken, he said, adding that the ICAR follows a strict prescribed norms for evaluating the yield performance. from Agriculture-Economy-News-Economic Times https://ift.tt/bjiM4nz

AP report: How Indian farmers using natural farming methods to improve soil health amid climate change

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

Small tea growers will have the biggest role to play in shaping the future of tea sector: Piyush Goyal

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Union Minister of Commerce and Industry Piyush Goyal said that small tea growers will have the biggest role to play in shaping the future of tea sector in India. from Agriculture-Economy-News-Economic Times https://ift.tt/gP2zk0W

Punjab govt notifies sugarcane price hike

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The government increased the price of advanced quality sugarcane at Rs 380 per quintal, medium quality at Rs 370 and late quality Rs 365 per quintal. from Agriculture-Economy-News-Economic Times https://ift.tt/VHnXTvf

India's wheat planting gathers momentum, acreage up nearly 10%

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The Ministry of Agriculture & Farmers' Welfare will keep updating the provisional crop sowing figures as it gathers more information from state governments. from Agriculture-Economy-News-Economic Times https://ift.tt/kpzEj41

Potato prices slump 23% in 10 days; soya oil 6% costlier

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Prices of potato had soared this year and many traders had not offloaded the tuber in anticipation of further rise. They started releasing the stock as prices remained at a steady level, trade insiders said. from Agriculture-Economy-News-Economic Times https://ift.tt/z9htGU3

India weighs steps to cool record wheat prices, government sources say

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Stung by a sudden drop in crop yields, India banned exports of the grain in May. Market arrivals from the previous harvest, meanwhile, have slowed to a trickle as farmers have run out of stocks, growers and traders said. from Agriculture-Economy-News-Economic Times https://ift.tt/m8fW4G9

Paddy procurement for central pool rises 6.8%

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The data indicate that this year, the government will actively procure paddy to fill up its stocks, as the central pool stocks of rice were 19% lower and the stock of un-milled paddy was 16% less as on October 1 compared with last year, said Rajiv Yadav, senior vice president at Origo Commodities, which focuses on commodity supply chain, post-harvest management, trade and finance. from Agriculture-Economy-News-Economic Times https://ift.tt/GsgDuil

Agriculture Ministry okays setting up 100 fodder-centric FPOs in 2022-23

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The Ministry of Fisheries, Animal Husbandry and Dairying in 2020 had proposed the establishment of fodder-centric FPOs and requested the agriculture ministry to allow such FPOs under the central scheme "Formation and Promotion of 10,000 new FPOs". from Agriculture-Economy-News-Economic Times https://ift.tt/WU5SHBZ

Need good quality cotton seeds to boost productivity: Piyush Goyal

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Goyal called upon the textile industry to self-regulate towards branding and certifying Indian cotton 'Kasturi' and assured that the government will support the initiative with funds matching the industry contribution. from Agriculture-Economy-News-Economic Times https://ift.tt/ia2B4uj

Karnataka govt issues circular exempting use of agricultural land for poultry farming

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Section 95(2) of the Land Revenue Act, 1964 relating to the use of agricultural land for other purposes has allowed the farmer to apply to the District Collector for permission to convert the agricultural land or a part of it for any other purpose. from Agriculture-Economy-News-Economic Times https://ift.tt/bUs6WBZ

Record 10 lakh tonnes refined sugar exports likely this year

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India announced its 2022-23 sugar export quota on Saturday. Traditionally, India has been known to export lower grade white sugar and raw sugar. However, this year, the premium quality refined sugar exports are expected to jump. from Agriculture-Economy-News-Economic Times https://ift.tt/8FTuz6P

IARI trying higher yield in short-duration rice varieties to stop stubble burning in Punjab

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Stubble burning by farmers in Punjab and other parts significantly contributes to air pollution in north India during winters. from Agriculture-Economy-News-Economic Times https://ift.tt/YDCsdG9

India’s move to slash sugar export quota to tighten world supply

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The move comes at a time when the world is already thirsty for supplies, with Brazil witnessing excessive rains and delays in sugar cane crushing. Raw sugar in New York have jumped more than 6% since late October, and could strengthen further following the announcement by India that vies with Brazil as the top producer. from Agriculture-Economy-News-Economic Times https://ift.tt/DhyxYZ5

Tea estates in Assam may start growing rubber as well

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The Assam government in August allowed up to 5% of the total land of tea gardens to be used for promotion of eco-friendly tea tourism, cultivation of agriculture crops, green power and animal husbandry. from Agriculture-Economy-News-Economic Times https://ift.tt/KRgFLMl

Wheat acreage jumps 5-fold to 7.56 lakh hectares so far this rabi season

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In case of oilseeds, about 47.10 lakh hectares coverage has been reported as on November 4 of this rabi season, compared to 40.72 lakh hectares earlier. Out of total oilseeds, mustard acreage increased to 45.71 lakh hectares from 38.14 lakh hectares. from Agriculture-Economy-News-Economic Times https://ift.tt/rpO5NvE

Farmers backbone of rising India; industry driving agriculture into new trajectory: VP Jagdeep Dhankhar

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Bharat is on the rise as never before. It is a global recognition. And in this rise, farmers are the backbone," he said in his inaugural address at the 15th edition of the agriculture and food technology fair organised by the Confederation of Indian Industry (CII) here. from Agriculture-Economy-News-Economic Times https://ift.tt/zNETBVi

Supreme Court orders status quo on GEAC's decision to approve GM mustard for commercial cultivation

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The GEAC, which functions under the Union environment ministry, has recommended the environmental release of GM mustard, which, according to experts, paves the way for its commercial cultivation. from Agriculture-Economy-News-Economic Times https://ift.tt/q1s3pyz

Need to boost crop productivity, make farming profitable for growth of agri sector: Narendra Tomar

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RG Agarwal, chairman of FICCI Crop Protection Committee and Group Chairman, Dhanuka Agritech, said agro-chemicals are one of the most important inputs to agricultural sector for providing food, nutrition, health, wealth, and environmental security to the nation. "Agrochemicals play a major role in improving the agriculture productivity and the government has identified this sector as one of the 15 Champion industries under manufacturing sectors," he added. from Agriculture-Economy-News-Economic Times https://ift.tt/Um4vrfH

Kharif onion output estimated to be 13 pc lower; ample rabi onions to contain prices: Report

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Decline in acreage and lack of improvement in crop yields is likely to result in 13 per cent fall in onion output for the kharif season 2022-23 to 9.5 million tonnes compared to last year, according to a report. from Agriculture-Economy-News-Economic Times https://ift.tt/CwpoTFq

Maharashtra to provide compensation to farmers for crop loss caused by October rains

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The state government has provided the additional relief of Rs 4,700 crore since June-July as compensation to farmers whose crops were damaged due to rains, it said, adding farmers were never provided with the relief due to constant rains in the past. "Since June-July, 40,15,847 farmers who suffered crop losses have been provided Rs 4,700 crore which is more than the National Disaster Response Fund," it stated. from Agriculture-Economy-News-Economic Times https://ift.tt/jlFGTVu

Centre approves Rs 51,875 crore for P&K fertilizer for Rabi 2022-23

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New Delhi: The Centre has approved an additional fertilizer subsidy of Rs 51,875 crore for the rabi or winter planting season, which runs from October 2022 to March 2023. The Cabinet Committee on Economic Affairs (CCEA) approved the new nutrient-based subsidy rates for phosphatic and potassic fertilisers on Wednesday. from Agriculture-Economy-News-Economic Times https://ift.tt/c75QIxG

Govt's paddy procurement up 12 pc at 170.53 lakh tonnes till Oct

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Normally, paddy procurement begins immediately after the withdrawal of the Southwest monsoon from October onwards. However in southern states, especially in Kerala and Tamil Nadu, it begins from September. The government aims to procure 771.25 lakh tonnes of paddy in the 2022-23 kharif marketing season (October-September). The actual procurement stood at record 759.32 lakh tonnes in the previous kharif marketing season. from Agriculture-Economy-News-Economic Times https://ift.tt/bs2mIJe