Three oilseed crops accounted for more than two-thirds of the gross value output (GVO) of oilseeds for nearly ten years, from 2011–12 to 2019–20. Data from the National Statistics Office’s “State-by-state and item-by-item value of output from agriculture, forestry, and fishery” report reveals that during 2011–12 to 2019–20, the GVO of soybean, groundnut, and rapeseed…
Soybean Processors Association of India (SOPA) on Wednesday pressured the Central government not to allow the import of genetically modified (GM) soybean meal declaring that it will adversely impact the local processors and farmers since the country does not allow farming of GM food crops. SOPA Chairman Davish Jain said, “We understand that the poultry…
Chicago corn futures fell 1.5% on Monday as rains eased traders’ worries about limited global distribution and put pressure on prices. Soybeans fell 1%, while strong Chinese demand saw lower losses, while wheat was lower. Tobin Corey, director of the Commonwealth Bank’s agricultural strategy, said: “Weekend rains in arid regions will reduce crop stress for…
Russia’s export prices for summer new wheat fell last week following falling global standards in Chicago and Paris, IKAR Agricultural Consultancy said in a statement on Monday. Russia, one of the world’s largest wheat exporters, usually begins harvesting in late June-early July. Although a small crop, its Ministry of Agriculture said last week that it…
