India’s rice procurement reached 45.84 million tonnes as of February 28, a 5% increase from last year. The Kharif season rice production is estimated at a record 119.93 million tonnes. Key states like Bihar, Uttar Pradesh, and Madhya Pradesh reported higher procurement, while Punjab and Haryana saw a decline. The Food Corporation of India (FCI)…
Urad (black matpe) prices have surged due to crop damage in Tamil Nadu and Andhra Pradesh, declining acreage, and adverse weather conditions. A 25% drop in kharif output and increased export prices from Myanmar have tightened supplies in the domestic market. Karnataka and other regions have reported poor quality and reduced yields, exacerbating the situation….
Due to profit booking following a recent spike fuelled by worries over decreased acreage in the current Kharif farming season, cotton candy prices fell by -0.53% to settle at 56,830. In comparison to 121.24 lakh hectares during the same period last year, cotton acreage has declined by about 9% to 110.49 lakh hectares, according to…
Food grain production in the nation is expected to be roughly 154.19 million tonnes during the kharif season and 155.12 million tonnes during the rabi season in 2023–2024, according to government estimates released on Thursday. The output of Kharif rice is projected to be 111.46 million tonnes, according to the Ministry of Agriculture and Farmers’…
The food ministry on Friday requested that traders, wholesalers, retailers, large chain shops, and milers around the states reveal stock positions within a week in order to stop speculation and a jump in rice prices. “The domestic prices of rice are increasing despite a good crop this kharif, ample stocks with Food Corporation of India…
Although the kharif season 2023–24 was hampered by flooding in July and August, Punjab is anticipating a record harvest of paddy grain, according to officials. The food bowl of the nation, as the state is called, anticipates paddy output to surpass 205 lakh metric tons, with an average yield that is more than four quintals…
The government updated the stock holding limits for several entities on Monday and prolonged the time frame for the current stock limitations on tur and urad by two months until December 31 of this year. The Food and Consumer Affairs Ministry has decreased the stock restrictions at the depot for wholesalers and large chain shops…
Amid worries about decreasing output, cotton candy prices yesterday settled up by 0.17% at 59180. India sowed 122.56 lakh hectares of cotton in 2023 compared to 124.82 lakh hectares in 2022, a decrease of roughly -1.82%. According to figures provided by the Cotton Corporation of India, cotton arrivals for the current season, which began in…
Yesterday, cotton candy declined -0.54% to close at 59380 as concerns about the economy of the natural fiber’s largest consumer, China, cast a shadow over expectations for demand. The next season (October 2023–September 2024) will likely see a 3% reduction in global cotton production, but consumption may remain unchanged, and ending inventories may be lower….
Cotton candy yesterday decreased -0.23% to settle at 59840 as economic worries over the natural fiber’s major consumer, China, cast a shadow over demand projections. The next season (October 2023–September 2024) will likely see a 3% reduction in global cotton production, but consumption may remain unchanged, and ending inventories may be lower. The Cotton Association…
