Sugar mills unlikely to advance crushing season despite promise to govt: Industry officials
Most sugar mills will not advance their crushing season by fifteen days. A significant shortage of migrant labor remains the primary obstacle for mills. This labor is typically available only around Diwali in November each year. Mechanized harvesting cannot adequately compensate for the missing workforce. Industry bodies had promised the government an earlier start to crushing operations.
Onion prices jump to Rs 27/kg at Lasalgaon amid delayed kharif crop arrival from South India
Wholesale onion prices have surged significantly in the past week. The government plans to sell buffer stock onions to control rising prices. A delayed kharif crop from southern India is expected to further increase costs. Onion quality has suffered globally due to erratic weather conditions. Future price trends will depend on September rainfall and new crop arrivals.
From freebie to luxury: Coriander prices spike after rain disrupts Nashik supply chain
Fresh coriander prices have significantly increased due to heavy rains. Supplies from key producing regions like Nashik were disrupted by flooding. Wholesale prices reached 175 per kg, while retail prices climbed higher. Limited arrivals from Karnataka offered some relief but with lower quality. Transport disruptions further contributed to the sharp price movements this week.
MCX launches crude sunflower oil futures contracts to strengthen edible oil price risk management
The Multi Commodity Exchange of India has launched crude sunflower oil futures contracts. This move aims to provide risk management options for India's edible oil sector. The new contract will help participants hedge against price volatility and improve efficiency. India relies heavily on imports for its edible oil requirements. MCX seeks to deepen the edible oil ecosystem and enhance price risk management tools.
The price of a successful report
Indian companies spend roughly Rs.35,000 crores on CSR each year. Government schemes spend far more. Yet evaluation often rewards a story of success over an honest account of what was learned, the struggles that were encountered and what people actually experienced, writes Padmini Ram.
Kandla Port's 40-day cargo delays put Indias rice exports at risk
Indian rice exporters face significant logistical challenges at Kandla port. Cargo clearance now extends to forty days, impacting perishable rice shipments. This congestion occurs while India holds substantial rice stocks and anticipates global demand. Container shortages further exacerbate issues for basmati and non-basmati rice exports. These disruptions are causing global non-basmati rice prices to increase.
Rice use for ethanol may rise as maize, sugarcane acreage falls this Kharif season
India is set to ramp up rice utilization for ethanol production this year, amid reduced planting of maize and sugarcane, raising concerns about feedstock availability. Fortunately, the government maintains a healthy stock of rice, offering a safety net. With sugar prices soaring to unprecedented levels due to crop output fears, this strategy aligns with India's ambitious goal of achieving a 20% ethanol blending ratio.
Kharif sowing near normal as rainfall deficit shrinks
By August 7, farmers have successfully planted Kharif crops at 87.7% of the expected seasonal average. While rainfall deficiencies have mitigated, the focus is now firmly on crop yields. The acreage for critical crops like rice and pulses trails behind last years figures. On a positive note, reservoir water levels have improved significantly following recent rainfall. Nevertheless, the IMD warns of below-normal rainfall for the upcoming monsoon weeks.
Protesting Maharashtra farmers demand 2 lakh incentive for regular loan repayment
Along with a waiver ofup to 2 lakh, farmers, who paid EMIs regularly were supposed to receive incentive of 50,000, which farmers believe is unfair
Tobacco Board partners with Constems AI for tobacco grading
Tobacco Board partners with Constems AI to introduce AI-powered FCV tobacco grading, improving transparency, consistency and efficiency at Andhra Pradesh auctions.
FAIFA backs tobacco farmer relief, seeks calibrated crop cuts
FAIFA welcomes government relief for tobacco farmers but seeks calibrated FCV crop cuts, export support and stronger action against illicit cultivation.
CLFMA to host 59th AGM, National Symposium in Mumbai
CLFMA will host its 59th AGM and 67th National Symposium in Mumbai on September 11
Indian domestic cotton prices rise on global cues, firm demand
Likely delay in arrivals aids price trend even as acreage is seen at par with last year, with sowing catching up in Gujarat, Telangana
Delhi State Cooperative Bank to venture into financing farmers, artisans
Inaugurating the programme, Nabin Kumar Roy, Chief General Manager, NABARD, highlighted the critical role of cooperative banks in financial inclusion and local economic development.
Tamil Nadu CM Vijay announces historic hike in special incentives for paddy and sugarcane
He said paddy procurement would begin in September and the government would offer an incentive of 289 per quintal for fine varieties, in addition to the MSP
Over 1 million evacuated as Typhoon Dolphin hits eastern China
Sugar mills to advance cane crushing schedule
Indian rice export prices near 10-month high amid El Nino fears and rising domestic paddy costs
Indian rice export prices remain near a ten-month high this week. Thai prices have reached a one-month peak, supported by buyer demand. Vietnam's rice exports are experiencing quiet trading activity due to weak demand. Bangladesh faces elevated rice prices after recent crop damage from flooding. Governments are developing climate-resilient rice varieties to address agricultural challenges.
DMK seeks adjournment motion on Cauvery dispute, slams TVK governments Agriculture Budget
Udhayanidhi Stalin said the DMK would raise the Cauvery issue in detail during the Assembly proceedings and expressed hope that Chief Minister C. Joseph Vijay would break his silence and respond to the Oppositions questions
