As the current Rabi season approaches its four-year high, Jeera dropped

Jeera acreage reached a four-year high during the current rabi season, which caused jeera prices to decrease by -0.93% and settle at 25435. Due to the previous selling season’s record prices, farmers in important producing states like Gujarat and Rajasthan increased their crops. Gujarat saw a significant 160% rise in jeera agriculture, surpassing the average…

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Tanzania is permitted to receive 30,000 tonnes of non-basmati white rice from India

The government has approved the shipment of 80,000 tons of broken rice to Djibouti and Guinea Bissau, and 30,000 tons of non-basmati white rice to Tanzania. The Directorate General of Foreign Trade (DGFT) has stated in a notification that the export is authorized through National Cooperative Exports Limited (NCEL). West African Guinea-Bissau is a tropical…

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Cotton Decreased Following SIMA’s Request for Textile Mills to Prevent Panic Purchasing

Considering a global supply rise predicted after July, the Southern India Mills’ Association (SIMA) advised textile mills to refrain from panic buying amid rising cotton prices. Net sales decreased by 69% in 2023/2024 compared to the previous week and 83% from the previous 4-week average, according to data released by the U.S. Department of Agriculture…

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The government has set a modest aim of 30-32 million tons of wheat procurement for the 2024–2025 season

According to the food ministry, the government has set a cautious objective for the purchase of wheat during the 2024–25 rabi marketing season, which is in the region of 30-32 million tons. Despite the Ministry of Agriculture’s hopes for a record wheat production of 114–115 million tonnes in the 2023–24 crop year (July–June), the lower…

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