Commodity traders also feel that the production of Rabi crops will increase due to severe cold conditions
The BJP government has increased the cap and is procuring 21 quintal/acre of paddy from farmers
The India Meteorological Department (IMD) in its latest weather update said that till January 4 there is no possibility of major cold wave in any part of the country
Govt allows import of edible oil, masur at nil duty till March 2025
India's agriculture exports this fiscal are expected to reach the last year's level of USD 53 billion despite restrictions imposed on shipments of certain key commodities, including rice, wheat and sugar, according to a senior government official. In 2022-23, the country's agri exports stood at USD 53 billion. "We expect that we would reach that level in spite of USD 4.5 billion-USD 5 billion impact due to the restrictions," Additional Secretary in the commerce ministry Rajesh Agrawal told reporters here on Thursday. The government has prohibited exports of wheat and non-basmati white rice and has imposed curbs on sugar exports. He said the government is promoting exports of new products like bananas and value-added millet products to new global destinations. "In the next three years, we are hoping to increase banana exports to USD 1 billion," he said. Exports of fruits and vegetables, cereals, meat, dairy and poultry products registered a healthy growth rate during ...
Co-op sugar factories estimate full-year production to be 12% less in FY23-24
Justifying the ban, Consumer Affairs Secretary also noted that other major onion-producing nations, such as Egypt and Turkey, have banned exports, putting pressure on the Indian crop
Last year, the government banned exports after output was curtailed due to a heat wave and overseas sales picked up as Russia's invasion of Ukraine sent global prices to multi-year highs
Uttar Pradesh has the highest number of districts where agricultural land may be vulnerable to climate change
This effectively means that in the last three years, while suicides by those who show farming as their profession have consistently declined, those who show as farm labourers have risen
India's avg max and min temperatures in November third highest since 1901
Their assumption is based on the sugarcane crushing that has taken place in major growing states in the first month and half of the 2023-24 new season
Overall, the revenues were down 19 per cent on the back of lower agrochemical prices and inventory destocking
Some traders also felt that sowing will pick up pace after Diwali and in the final analysis, the total acreage across India might be around the normal wheat acreage of around 31 million hectares
Data shows that water levels in the 40-odd reservoirs of southern India as on November 9 was at 44 per cent of their live capacity at Full Reservoir Levels
Traders in UP said the initial wheat sowing is down this year due to a delay in sugarcane harvesting. The farmers are waiting to clear their fields of the kharif crop
Paddy procurement during the current season is a key issue as Chhattisgarh goes to polls in two phases on November 7 and 17
Rating agency ICRA pointed out that the domestic tractor industry volumes remained healthy and represented a 12 percent YoY growth in FY2023, touching an all-time high of 9.45 lakh units
State utility clears Rs 1,361 cr pending dues to Bajaj Hindusthan Sugar
Food wastage is not only a direct loss to consumers but also has bearings on the environment and supporting economies, she added