India needs 120 million tonne rice by 2030.
Ram Gopal Yadav (7 years ago)

India will need to produce 120 million tonnes of rice in 2030 to feed its one and a half billion plus population using less land, less water, less manpower and optimising all agri input usages. Cultivable land areas are expected to shrink and there will be pressure on resources. Rice is the staple food for more than 60% of Indians. The current production is about 106 million tonnes. (Source: Times of India)

Barley exports down 23% from last year in Kazakhstan.
Ram Gopal Yadav (7 years ago)

Kazakhstan barley exports turned down in 2017 and 89.8 KMT of this commodity was shipped for export against 148 KMT 2016 (down almost 40%). Thus, Kazakhstan exported 27% less barley in the five months of the current season compared to the same period a year ago (445 KMT against 609 KMT in September-January 2015/16). Iran remains the top market for Kazakh barley with an export share reaching 90%. Shipments of Kazakhstan barley continue to the US market in which U.S. imported 18.5 KMT of barley from Kazakhstan that is almost twice as much as last season. In Kazakhstan, total barley harvest in net weight was 3.2 MMT in 2016, or 18.5% more than in 2015.

Low demand weighs on barley prices in Jaipur.
Ram Gopal Yadav (7 years ago)

Barley prices were down in Jaipur because of subdued demand from feed sector and stockists amid rising arrivals of the coarse grain. New crop arrivals of barley were estimated at 170,000 bags (1bag=85kg) compared with 150,000 bags. Supply of barley has been on a rise because new crop arrivals have gained pace. Barley inventories at warehouses more than doubled to 222 tonnes from 101 tonnes the previous day.

Barley prices down in Jaipur as arrivals increased.
Ram Gopal Yadav (7 years ago)

Prices of barley fell in Jaipur because arrivals of the grain increased due to low demand from stockists and the feed sector. Arrivals of the new crop were estimated at 150,000 bags (1bag=85kg) compared with 50,000 bags. The most-active April contract of barley on the NCDEX was down 1.16%. Supplies of barley have increased because arrivals of the new crop have gained pace. Limited purchases from malt industries also weighed on prices.

NCDEX coriander up for 3rd week as exports seen strong.
Ram Gopal Yadav (7 years ago)

Futures contracts of coriander on the NCDEX rise for the straight third week due to expectations of strong export demand. The most active April contract of coriander on the NCDEX, up 0.2%. Arrivals of coriander in Kota were unchanged at 45,000 bags (1bag=40 kg).

Wheat arrivals in Punjab, Haryana likely in 10 days.
Ram Gopal Yadav (7 years ago)

Fresh arrivals of wheat in the key producing states of northwest India-Punjab, Haryana and Uttar Pradesh are likely to start in the next 10-15 days. In these states, wheat harvesting was in the initial phase, and the new crop was expected to arrive by mid-April. Punjab, Haryana and Uttar Pradesh account for more than two third of India overall wheat production.

Wheat procurement gathers motion and govt buys 389,792 tonnes.
Ram Gopal Yadav (7 years ago)

FCI has procured 389,792 tonnes higher than around 376,000 tonne procured a year ago. Around 389,000 tonne, almost all of the procured grain has come from Madhya Pradesh. Farmers in Madhya Pradesh are choosing to sell their crop to government agencies as market prices have now fallen below the MSP of offered by the Centre. In Gujarat, about 480 tonnes of wheat has been procured so far, while in Rajasthan is at 312 tonne.

Russian wheat prices fall on weaker demand from Egypt, Turkey.
Ram Gopal Yadav (7 years ago)

Russian wheat export prices fell due to lower demand from Egypt and Turkey. Turkey put purchases of wheat, maize and sunflower from Russia on hold from mid-March. Russia exported 26.9 million tonnes of grain between July1 and March22, down 1.8% from a year earlier including 20.6 million tonnes of wheat. Domestic prices for third-class wheat, excluding delivery, fell in the European part of Russia. (Source: Reuters)

Solvent Extractors Association of India ask to paddy, wheat farmers of Punjab, Haryana to grow mustard.
Ram Gopal Yadav (7 years ago)

Solvent Extractors Association will ask paddy and wheat growers in Punjab and Haryana to partly switch to mustard so as to meet the aim of 10 million tonne mustard output by 2020. A shift to mustard will also check a sharp fall in underground water table level in the two states as the oilseed crop needs comparatively less water for growth. Use of genetically modified mustard crop would also help in meeting the objective of 10 million tonne mustard production. Higher mustard production in domestic markets will reduce burden on imports of edible oils. The country meets 70% of its domestic demand through imports of edible oils and Mustard crop accounts for around 20% of the total oilseed basket.