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Tag: sunflower seed

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Higher forecasted production of oilseeds globally

Mahalakshmi@fastura.com3 years ago03 mins

In the current marketing year through August, the US Department of Agriculture (USDA) predicted a higher global production of oilseeds, but the prognosis of a 10.5 percent decline in sunflower seed in light of the Ukraine War may be cause for concern. According to the USDA, global production will total 645.61 million tonnes (mt), up…

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  • NCDEX Market

Govt hikes MSP of kharif crops by 4-9% to increase farmer incomes

guna@fastura.com3 years ago03 mins

The Union Cabinet on Wednesday approved 4% to 9% increase in the Minimum Support Prices (MSPs) of kharif crops for the 2022-­23 crop year (July-­June) with sowing just starting on the onset of the monsoon. The benchmark rates have been fixed to increase farmers’ income as the guiding principle of 50% profit over cost has…

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