Agri News India

After India banned exports of non-basmati rice to cool local prices, buyers have requested early shipments of basmati rice, according to industry officials. They are fearful that the government may halt basmati exports too. The industry has assured buyers that the government has no plans for a ban but some remain wary. from Agriculture-Economy-News-Economic Times https://ift.tt/tLHUrMi

CRISIL Ratings predicts that higher domestic sugar prices and greater sales of ethanol will balance the increase in sugarcane costs and lowered exports in FY2024 leading to steady operating profitability for integrated sugar mills. Integrated sugar mills are those with sugar, distillery, and power co-generation facilities. The prices for these commodities are regulated by the government. from Agriculture-Economy-News-Economic Times https://ift.tt/8fb5stQ

Earlier this month, India ordered a halt to its largest rice export category - a move that will roughly halve shipments by the world's largest exporter of the grain. Farmers typically start planting rice, corn, cotton, soybeans, sugarcane and peanuts, among other crops, from June 1, when monsoon rains are expected to begin drenching India. Sowing usually lasts until July and early August. Summer rains are crucial as nearly half of India's farmland lacks irrigation. from Agriculture-Economy-News-Economic Times https://ift.tt/MQNXlJq

Oil palm cultivation is being promoted under the central scheme National Mission for Edible Oils- Oil Palm which was launched in August 2021. from Agriculture-Economy-News-Economic Times https://ift.tt/Qkjats2

Gardening is something a lot of people are passionate about and even find therapeutic. So, here, we have created a list of the easily grown plants that you can plant in your garden without any hassles. from Agriculture-Economy-News-Economic Times https://ift.tt/hgqliJd

He had previously suffered losses due to plummeting tomato prices last year, which left him in a debt of Rs 1.5 crore. Through enhanced power supply, favorable prices, and good crop quality, the farmer achieved 35 successful tomato harvests with the potential for up to 20 more. Murali plans to invest his earnings in expanding his agricultural ventures and acquiring 20 acres of land in his village. His success serves as an inspiration for struggling farmers. from Agriculture-Economy-News-Economic Times https://ift.tt/tThCJXU

Region-wise, North India produced 109.70 million kilogrammes during the month, while production volumes in South India was 28.15 million kilogrammes. In North India, Assam produced 63.51 million kilogrammes in June 2023, while the state's production was 75.16 million kilogrammes in the same month of the previous similar period. from Agriculture-Economy-News-Economic Times https://ift.tt/t4vMDY9

Indian farmers have reported a 23.7m hectare increase in summer-sown rice, up 1.71% YoY. Crucial monsoon rains in July helped farmers accelerate sowing and this higher rice planting in India, the world's second largest producer of the grain, will ease concerns about the staple's lower output. India ordered a halt to its largest rice export category earlier this month - a move that will roughly halve shipments by the world's largest exporter of the grain. from Agriculture-Economy-News-Economic Times https://ift.tt/Z2IVTl7

As the soil moisture has risen in July, lesser August rainfall won't negatively impact the crops, said agricultural experts. from Agriculture-Economy-News-Economic Times https://ift.tt/VsfLrFk

Under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, the 14th instalment amounting to approximately Rs 17,000 crores was directly transferred to more than 8.5 crore beneficiaries, offering much-needed financial support to farmers. from Agriculture-Economy-News-Economic Times https://ift.tt/5t7POh3

Erratic and uneven rainfall this year has affected sugarcane and rice cultivation in the country, which means less will be available for the distilleries. State-run Food Corporation of India (FCI) has already stopped supply of rice for ethanol production owing to an expected shortfall of rice for general consumption. from Agriculture-Economy-News-Economic Times https://ift.tt/zUpjCO0

The appointment of Jatinder Alagh as the CTO comes at a crucial juncture in Arya.ag's journey to enhance user experience, optimise processes and drive innovation for leveraging advanced technologies, furthering the organisational aim to empower all stakeholders in the ecosystem. from Agriculture-Economy-News-Economic Times https://ift.tt/Qr5qdKF

Gross margins for dairy companies are expected to improve sequentially in FY24 due to a healthy improvement in milk supply by H2 FY2024, according to ICRA. The report revealed that there was a demand-supply gap in FY2023 as domestic milk supply was impacted by the Lumpy Skin Disease, which reduced milk yields. from Agriculture-Economy-News-Economic Times https://ift.tt/y0Wu4MJ

India's National Rice Research Institute has allayed fears of further increases in rice prices following normal sowing of the crop for the Kharif season. The institute's director, AK Nayak, said there was little cause for worry about the paddy crop despite excessive rainfall and flooding in some parts of the country and rainfall deficiencies in other areas. from Agriculture-Economy-News-Economic Times https://ift.tt/emS7rkT

India has banned a majority of rice shipments causing the price of rice to surge. Rice is a staple food in Asia and Africa and a hike in rice prices would push up imports and inflationary pressures for the region. Vietnam has already raised the price of rice to $600 a ton for 5% white rice causing Thailand to potentially do the same, which would push Thai prices to their highest since 2012. from Agriculture-Economy-News-Economic Times https://ift.tt/Jl4URmf

The paddy acreage stood at 175.47 lakh hectares in the corresponding period last year. Pulses area was 95.22 lakh hectares in the same period last year. Paddy is the main kharif crop, sowing of which normally starts with the onset of southwest monsoon. About 80 per cent of the country's total rice production comes from the kharif season. from Agriculture-Economy-News-Economic Times https://ift.tt/1h97YuP

Heavy rains have not only damaged farms, but also destroyed roads, power lines and infrastructure worth $550 million in Himachal Pradesh, while bad weather at the same time has hit India's crucial rice crop, which led to an export ban last week. from Agriculture-Economy-News-Economic Times https://ift.tt/GwOWiH4

Shipments of sunflower oil to India have stopped after Russia on July 17 said it was pulling out of the year-old deal that allowed shipments of grains and other foodstuffs to move past the Russian naval blockade in the Black Sea. from Agriculture-Economy-News-Economic Times https://ift.tt/qUbxfHy

After an increase in the supply of new crops from Maharashtra and Madhya Pradesh, the Indian government has announced that the retail prices of tomatoes are expected to fall. There has been a rise in retail prices, with the cost of tomatoes ranging from Rs 200-250 per kilogramme in various parts of India due to a supply chain disruption triggered by various factors such as crop seasonality, white fly disease in Kolar and logistics disruptions resulting from heavy rain. from Agriculture-Economy-News-Economic Times https://ift.tt/vAre9hP

The Indian government is reportedly in talks with Open Network for Digital Commerce (ONDC) to offer subsidised tomatoes online to consumers for Rs 70 per kg, in the Delhi-NCR region initially. The move is aimed at providing relief to consumers amid a sharp rise in tomato prices in key cities, where it has soared to as much as Rs 150-200 per kg. from Agriculture-Economy-News-Economic Times https://ift.tt/S0ZtPIg

The agriculture sector in India can be transformed by promoting the use of artificial intelligence (AI) and other emerging technologies, according to a new World Economic Forum report. Releasing the phase-1 report of the 'Saagu Baagu' ('agriculture advancement' in the Telugu language) being implemented by the Telangana government in collaboration with it, the WEF said its AI for Agriculture Innovation (AI4AI) initiative has helped more than 7,000 chilli farmers get access to agritech services in the first phase. from Agriculture-Economy-News-Economic Times https://ift.tt/KiOghNJ

India, which accounts for 40% of the world's rice exports, has banned a major share of its exports to reduce domestic rice prices, causing the Asian rice trade to pause. Traders expect prices to climb substantially in the coming days, with a minimum gain of around $50 a metric ton and it could be $100 or even more. Nearly 90% of the water-intensive crop is produced in Asia, where the dry El Nino weather pattern is likely to curb supplies, and rice is a staple for more than 3 billion people. from Agriculture-Economy-News-Economic Times https://ift.tt/eCJWro8

The Indian government has banned the export of non-basmati white rice in an effort to reduce rising prices caused by an uneven distribution of rainfall in key producing areas. Reports had suggested that India was considering a ban on most rice varieties, a move that it said could affect around 80% of the country's export volumes. from Agriculture-Economy-News-Economic Times https://ift.tt/deqbP6H

The US has asked India to revoke approval for routine cultivation of genetically modified cotton and the environmental release of GM mustard. This request comes as India mandates a non-GMO and GM-free status certificate from exporting countries for several food products. from Agriculture-Economy-News-Economic Times https://ift.tt/aZJdFvY

While average monsoon rains are ordinarily good for Indian farmers, uneven distribution this year has created new worries. Vegetables such as tomatoes, eggplant, capsicum and spinach are also affected by erratic rainfall distribution. Standing crops in northern India have been damaged by floods, while southern planting has been delayed. As a result, prices of certain vegetables including tomatoes have hit record highs from Agriculture-Economy-News-Economic Times https://ift.tt/GY9KVqv

Union Food and Consumer Affairs Minister Piyush Goyal on Monday launched the sale of subsidised chana dal at Rs 60 per kg under a brand name 'Bharat Dal' to provide pulses at an affordable rate to consumers. Chana dal is being sold in Delhi-NCR through the retail outlets of National Agricultural Cooperative Marketing Federation (NAFED). It will also be available at retail stores of NCCF, Kendriya Bhandar and Mother Dairy's Safal. from Agriculture-Economy-News-Economic Times https://ift.tt/lVug9vz

The government has procured 3 lakh tonnes of onions, a 20% increase from last year's buffer stock, and is experimenting with the irradiation of onions with the Bhabha Atomic Research Centre (BARC) to extend shelf life, according to Consumer Affairs Secretary Rohit Kumar Singh. from Agriculture-Economy-News-Economic Times https://ift.tt/sYxhIw7

Cooperation Minister Amit Shah has said that the Farmer Producer Organisations (FPOs) can enhance the contribution of agriculture and allied sectors to India's GDP by strengthening marketing. Shah highlighted the significant initiatives taken by the Modi government in the past nine years to boost the income of farmers. The agriculture sector's budget increased from around Rs 22,000 crore in 2013-14 to Rs 1.15 lakh crore in 2023-24. Shah also noted that primary agricultural credit societies and FPOs can aid farmers by providing modern technology and marketing methods. from Agriculture-Economy-News-Economic Times https://ift.tt/B9noAur

Satish Upadhyay, executive committee member, IPGA, said, "Australia had earlier done trial production in 2019 and the quality was good. However, it could not go ahead as the prices in India were not remunerative for them. Now they have again started work to grow pigeon pea for the Indian market." The sources, however, said that for the initiative to succeed, the Australian counterparts may like to get assured orders from the Indian government. from Agriculture-Economy-News-Economic Times https://ift.tt/GfZFboS

India is considering banning exports of most rice varieties. ​​​This move by India, the world’s biggest rice shipper, may send already lofty global prices of the food staple higher as the disruptive El Niño weather pattern returns. Uneven distribution of rainfall in the key rice-growing areas of the country has pushed up prices of the grain by up to 20% in the last 10 days, ET reported earlier this week. from Agriculture-Economy-News-Economic Times https://ift.tt/r3ULBP1

Erratic rainfall is also seen affecting crops like moong, urad and soya bean. As on July 10, the sowing of pulses and soya bean was down by more than 10% from the previous year's levels, while sowing of rice was trailing by more than 13%. from Agriculture-Economy-News-Economic Times https://ift.tt/euA4P0C

"This one month-long campaign (from July 15 to August 15) with a target of Rs 7,200 crore was launched through video conference attended by more than 100 banking executives that included MDs/Chairman, EDs of commercial banks in public and private sector, Regional Rural Banks, Small Finance Banks, NBFCs and select cooperative banks," the statement said. from Agriculture-Economy-News-Economic Times https://ift.tt/u5VGqUS

The Indian Government has ordered NAFED and NCCF to purchase tomatoes from mandis in Andhra Pradesh, Karnataka and Maharashtra and distribute them in substantial consumption areas across the country. The move follows a 326.13% rise in the national price of tomatoes during the last month caused by poor weather which has hindered distribution. from Agriculture-Economy-News-Economic Times https://ift.tt/ALEskIn

Tomato growers experienced losses due to low prices, leading to a decrease in new plantations as a result of delayed monsoons. During December 2022 to May 2023, farmers earned very low rates for their produce. Additionally, unseasonal rainfall and a delayed monsoon resulted in a 54% rainfall deficit, which impacted the sowing of new tomato crops. from Agriculture-Economy-News-Economic Times https://ift.tt/xA1mpRQ

Maharashtra is a key supplier of tomatoes to the country during July and August. from Agriculture-Economy-News-Economic Times https://ift.tt/f2OPGhC

Agricultural enterprise Samunnati has facilitated farm gate procurement to direct export of 275 MT of Thomson seedless grapes to Netherlands for the grapes season 2023. To ensure a seamless value chain, Samunnati facilitated farm gate procurement, end-to-end primary processing, cold storage, packaging, and certification, all the way up to the export stage. from Agriculture-Economy-News-Economic Times https://ift.tt/Qgd4Vey

Crisil Ratings predicts that the next peak of inflation in pulses could be 6 to 7 months away. Weather patterns last year damaged production, potentially increasing prices. Policymakers will need to pay attention to monsoon behavior and its effects on prices and take action to rectify pressure. This year, with delayed rains, pulses sowing could be affected. The government's removal of the 40% procurement ceiling for key pulses could encourage farmers and help increase sown area. from Agriculture-Economy-News-Economic Times https://ift.tt/dBxt29A

The damage to the moong, urad, groundnut and soybean crops could range 10-15%, leading to concerns about a significant increase in prices of these commodities, they said. But the rains could help the paddy crop in Punjab and Haryana. "The excessive rainfall has caused damage to kharif crops such as cotton, pulses and oilseeds in the northern states," said Rahul Chauhan of commodity research firm iGrain India. from Agriculture-Economy-News-Economic Times https://ift.tt/T28RASj

The Centre on Monday said there has been a lukewarm response to the sale of rice to small traders under the open market sale scheme in the first e-auction round and indicated that it is open to tweaking the policy. While ruling out allowing states to participate in the Open Market Sale Scheme (OMSS) for rice, Union Food Secretary Sanjeev Chopra also said the Centre will watch how the subsequent e-auction rounds go before deciding on the next course of action. from Agriculture-Economy-News-Economic Times https://ift.tt/wsCYfkR

Vegetables such as cabbage, cauliflower cucumber, leafy greens etc. may also become expensive because of the disruption caused by record rain in the north Indian hills. from Agriculture-Economy-News-Economic Times https://ift.tt/Se6UIgJ

Bountiful rain in many parts of India in early July has bridged the country's rainfall deficit, according to the India Meteorological Department. While the eastern and northeastern region recorded a 17% rain deficiency, north India received 59% excess rainfall. However, below-normal precipitation is still forecasted for many areas in northwest, northeast, and southeast peninsular India. Late arrival of monsoon caused a two-week delay in crop sowing in June. from Agriculture-Economy-News-Economic Times https://ift.tt/CuFpvH3

“This will enable introduction and promotion of knowledge and skill intensive practices within agriculture, private and corporate sector investments in agriculture, new institutions of producers, integrated food system-based mechanisms, and new types of linkages between producers and end users, which in turn will lead to modernisation of the sector,” the paper said. from Agriculture-Economy-News-Economic Times https://ift.tt/GP5AgmU

This year, the delayed arrival of monsoon rains and lower rainfall in some southern, eastern and central states held back planting of summer crops even as monsoon covered the entire country nearly a week in advance. from Agriculture-Economy-News-Economic Times https://ift.tt/wzHe4Vf

A maximum rate of Rs 162 per kg was quoted in Shahjahanpur in Uttar Pradesh, while the minimum rate was Rs 31 per kg in Churu district of Rajasthan, the data showed. Tomato prices remained high in other cities in the country as well. from Agriculture-Economy-News-Economic Times https://ift.tt/xf50U6e

Kashmir saffron's prices have risen to ₹3.25 lakh ($4387) per kg, five times the value of silver, after receiving the Geographical Indication (GI) tag, which verifies the spice's origin. The move has helped Kashmiri saffron compete with Iranian competition, with US, Canadian, and European buyers picking up saffron from Kashmir. from Agriculture-Economy-News-Economic Times https://ift.tt/Buq6RwI

The meeting was chaired by a four member delegation from New Delhi headed by S.Rukmani, Joint Secretary (M&T), Government of India, Department of Agriculture & Farmer's Welfare, New Delhi. from Agriculture-Economy-News-Economic Times https://ift.tt/caEOjsl

Gram Unnati has signed an agreement with Bayer CropScience to promote the cultivation of spring maize in six western Uttar Pradesh districts. Through the collaboration, over 100,000 farmers will have access to timely crop advisory, transfer of good agricultural practices as well as premium products supplied by Bayer and support required for setting up model farms. Gram Unnati has existing connections in the districts, and the joint-venture would enable it to mobilise larger numbers of farmers. from Agriculture-Economy-News-Economic Times https://ift.tt/8mOFP1Z

Indian cooperative IFFCO is launching a national campaign to promote the use of nano fertilisers, with plans to procure 2,500 agri-drones and train 5,000 rural entrepreneurs. The drones will be used to spray IFFCO's nano urea and nano di-ammonium phosphate products. The cooperative will also purchase 2,500 electric three-wheelers to transport the drones to farmers' fields. The campaign will also train rural entrepreneurs to use the drones for spraying nano fertilisers. from Agriculture-Economy-News-Economic Times https://ift.tt/GjVOdZ3

Green chilli and ginger prices have surged in parts of India due to a drop in supply. In Chennai, green chillies are retailing at Rs 100 per kg, while in Kolkata, the prices have reached Rs 350 per kg. The low supply of green chillies has increased demand and prices. The decrease in supply is attributed to farmers in Andhra Pradesh switching to other crops due to low prices for chillies in the last harvest. Similarly, the average retail price of tomatoes on an all-India basis is Rs 56.58 per kg. from Agriculture-Economy-News-Economic Times https://ift.tt/5SRa9Gh

The Punjab agriculture department is planning to increase the area under basmati crop by over 20 per cent in the current sowing season, with the state government pushing for alternative crops to wean away growers from water-guzzling paddy. from Agriculture-Economy-News-Economic Times https://ift.tt/pK0XDOG