The Economic Times

The government is also using rail and road networks to move buffer onions from producing regions to major consumption centres.

The government has started selling onions from its buffer stock at Rs 35 per kg. This move aims to provide relief to consumers and control prices before the festive season. Adequate onion supplies are available to meet domestic demand during the upcoming months. The government is also transporting bulk consignments through dedicated railway rakes. Proactive market interventions will ensure sufficient availability and moderate price pressures.

India's summer onion buffer stock has suffered considerable setbacks due to unexpected rainfall, leading to roughly thirty percent of onions rotting or sprouting. This spoilage threatens to disrupt market supply and hike prices. To alleviate the situation, special trains are now delivering onions to key cities at subsidized costs. Additionally, delays in the kharif crop are likely to further heighten onion shortages in the upcoming months.

China will ship at least 1.2 million tons of urea to India soon as part of India's recent tender for the key fertiliser. This marks an improvement in global urea market tightness after earlier disruptions. China's loosened export controls are contributing to increased fertiliser availability worldwide.

Major retailers are limiting sugar purchases to three kilograms per customer. Quick commerce platforms also restrict sugar sales to a few packs. This comes as sugar supplies tighten before the Raksha Bandhan festival. Government-approved raw sugar imports aim to ease the tight stock situation. Prices have risen significantly and are expected to continue increasing.

The government has rejected requests for more time to sell excess sugar stocks. Bulk sugar users must now liquidate any surplus by August 31. This action aims to suppress sugar prices and curb hoarding allegations. Some companies fear this move could increase market price volatility. Industry analysts expect additional sugar to enter the market after this deadline.

Retail sugar prices increased for a second day due to higher festive demand. Ex-mill rates have fallen significantly after the government allowed raw sugar imports. Wholesale sugar prices also saw a marginal increase on Wednesday. The government has imposed stock limits and banned exports to control prices. Sugar supply remains adequate with sufficient domestic production and opening stocks.

The Indian Tea Association seeks government aid for tea industry revival. Financial and regulatory reforms are proposed for Darjeeling and Dooars regions. The association requests support for production and modernization efforts. Measures aim to protect employment and rural livelihoods across North Bengal. Time-bound implementation of policies is crucial for sector sustainability.

Indian refiners will divert 350,000 tons of sugar offshore to the domestic market. This move aims to ease a significant supply crunch and tame surging prices. Authorities have cleared the release of these stockpiles to domestic buyers within a week. This intervention will provide near-term relief for consumers during the festival season. Sugar prices have already begun to cool down following government intervention.

Sugar prices rose by nearly Re 1 per kg to Rs 63.97 in the retail market on August 25, despite recent government steps to curb the surge. The average retail price has risen 31% in a month from Rs 48.81 per kg and is 38% higher than a year ago. Wholesale prices have also climbed to Rs 59.23 per kg from Rs 45.35 a month earlier.

The ex-mill price of sugar has declined by 18 per cent to Rs 55 per kg since the government's decision to allow imports and clamp down on speculation and hoarding of the sweetener, Food Secretary Sanjeev Chopra said.Ex-mill prices of sugar had shot up to a record Rs 67 per kg last week - a spike Chopra attributed to mills jacking up rates.Ex-mill price of sugar, which were jacked up by mills, have started cooling down. They have declined to Rs 55 per kg and will further drop in the coming days,

Marathwada's cultivation area has shrunk by nearly 3.5 lakh hectares this year. Rainfall is 20.3 percent below average, impacting the region's agriculture significantly. Cotton and sugarcane acreage have dropped sharply, while farmers shift crops. Soybean, maize, and sunflower cultivation has seen an increase. This shift reflects adaptation to current weather conditions and market demands.

Union Minister Pralhad Joshi said the Centre is taking measures to manage sugar availability and rising prices ahead of the festival season, including temporary imports of raw sugar. He attributed the fall in production to red rot disease and El Nino conditions.

India has ordered dealers to hold sugar inventories for only fifteen days. This new rule takes effect from September first until November thirtieth. The government aims to bolster sugar supplies and rein in soaring prices. Festival demand and patchy rains have contributed to the current price surge. These measures are intended to stabilize the market through the busy festival season.

India's kharif planting has rebounded impressively following beneficial rainfall in July. Farmers are keen to recover from the setbacks of a parched June, showcasing an optimistic shift. The sowing of crucial crops like pulses and oilseeds is on track across the nation. Nevertheless, some crops still have acreage that is less than last year's. This revitalization raises expectations for alleviating food price concerns, provided the good rains continue.

Indian crop insurers are asking the government for regulatory data protection. This provision would encourage the introduction of newer, safer pesticide molecules. Companies seek a five-year exclusive access window for newly registered products. This change aims to boost farm output and agrochemical exports competitiveness. International comparisons show other nations offer similar data protection periods.

The Bharat International Rice Conference 2026 will showcase 200 rice varieties and 50 global cuisines. This event will be held in New Delhi from October 23 to 25. Nine experience zones will highlight rice through culture, technology, and nutrition. The conference will trace rice cultivation, consumption, and trade across generations. It will also examine rice's role in shaping global trade networks.

India faces rising fertilizer costs, prompting a review of its subsidy system. Global supply chain issues and war have doubled procurement expenses for the nation. Farmers are urged to reduce excessive chemical fertilizer use for soil health. A new distribution system is being tested to manage nutrient sales. This situation risks impacting food inflation both domestically and abroad.

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.

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.

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.

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.

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.

Union Agriculture Minister Shivraj Singh Chouhan launched a new scholarship initiative. Over six thousand agriculture students will receive monthly direct bank transfers. This National Scholarship Portal-Direct Benefit Transfer system aims for faster payments. The government seeks to ensure timely financial assistance for students' education. This move strengthens agricultural education and practical learning opportunities.

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.

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.

Inaugurating the programme, Nabin Kumar Roy, Chief General Manager, NABARD, highlighted the critical role of cooperative banks in financial inclusion and local economic development.

India may limit sugarcane use for ethanol to increase sugar production with an aim to stabilise record-high sugar prices and ensure smooth domestic supply. Reduced rainfall in key states has raised concerns about next year's sugar output. The government might allow corn and rice for ethanol to maintain its blending program.

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.