All eyes are on Odisha and Madhya Pradesh, who combined contributed over 13% to the Central Pool last year, to make up for the deficit in Uttar Pradesh and Punjab, as overall rice procurement has increased by 11% so far this season. As the procurement in the State is projected to be on par with…
Following a drop in kharif production, the price of rice has increased by more than 8% since January, the Union government informed the Rajya Sabha today. The Union Minister of Agriculture and Farmers Welfare, Narendra Singh Tomar, responded to a question in the Rajya Sabha on Friday by stating that due to insufficient rainfall in…
Comparing October to September of 2022–2023 to the same time last year, rice procurement climbed by 12.2% to 218.73 lakh tonnes (lt). Thanks to the 15.91 lt acquired in Chhattisgarh with purchases starting a month earlier than the initial schedule, purchases in November were 11.73 lt greater than the level of the previous year. 121.91…
Despite the Center’s restrictions on exports of non-basmati white rice and the imposition of a 20% export levy, Indian rice remains competitive on the international market. Although prices have increased by over $30 a tonne over the last two months, Indian cereal remains competitive.”The worldwide market for rice continues to be quite competitive for Indian…
The Government stated that the stock positions of wheat and rice are at favorable levels on Wednesday. In April, the level will exceed the buffer stock ceilings. However, compared to last month, the wholesale cost of wheat and rice is somewhat higher this month. As of November 15, according to Union Food Secretary Sanjeev Chopra,…
Wheat, rice, and mustard, three important rabi crops, continued to be sown early by farmers as their coverage increased as of Friday, according to data from the Ministry of Agriculture. In contrast, the area planted with coarse cereals, particularly maize, green gram (moong), and groundnut, lagged behind. The area planted with all rabi crops has…
During the first month of the current procurement season (October–September), rice procurement climbed by 12% to 114.33 lakh tonnes (lt), owing to Punjab and Haryana. Compared to the same time last year, grain purchases are up 8% in these two States. Purchases fell by 60% to 22,557 tonnes in Uttar Pradesh, the state with the…
Steamed rice has undergone some processing in the form of steaming before being made available for sale, according to the Food Corporation of India (FCI), which has informed the Food Ministry. Exporters should be relieved after shipments of steamed rice were stopped because Customs officials believed it to be non-basmati white rice and demanded payment…
Retail food inflation increased significantly in September from 7.6% to 8.6%, primarily due to increases in the cost of vegetables and cereals. As a result, overall inflation as measured by the consumer price index increased to 7.4% on an annual basis in September from 7% in August. Due to a surge in the price of…
Early indications suggest that paddy procurement would increase during the current Kharif marketing season, and the Center anticipates that foodgrain procurement by the Food Corporation of India (FCI) and other agencies will surpass levels from the previous year. “Paddy procurement is expected to be completed by Kharif. Paddy will be added, totaling 900 lakh tonnes….
