Indian traders have signed a deal to sell around 90,000 tn of wheat to Sri Lanka at $380 per tn, free on board. The foodgrain will be shipped from the Kandla port on Apr 5 and […]
Rabi wheat procurement starts, purchases to be down by a fifth
Wheat procurement by the government agencies in the key growing states – Punjab, Haryana, Madhya Pradesh, Rajasthan, Gujarat and Uttar Pradesh — for the 2022-23 session is set to commerce. Due to a projected rise in […]
Indian government extends offering discounted rice till Sept-end
Rice export prices in India remained constant this week, despite greater supply and a stronger currency, while rates in Vietnam were pushed down by rising stockpiles. The 5 percent broken parboiled type from top exporter India […]
Madhya Pradesh identifies 3.75 mt wheat for exports
The Madhya Pradesh government has decided to use the unprecedented opportunity of wheat exports for India to establish brand MP of wheat at the international level. MP CM said the exporters will have to mention MP […]
FCI won’t procure parboiled rice, States can do so: Centre
Dashing all hopes of the State government, the Centre has once again made it clear that the Food Corporation of India (FCI) would not procure parboiled rice from any State, including Telangana. The Centre, however, clarified […]
Arrivals of fresh rabi maize crop have begun in Purnea
Arrivals of the rabi maize crop have begun in Purnea, Bihar’s primary spot market, however, the quantity is minimal and the moisture content is greater than planned. The new crop has a moisture content of 18-19%, […]
India Prepares Roadmap To Triple Wheat Exports To 21 Million Tons
Due to the global trade disruption caused by the Russia-Ukraine conflict, India is developing a strategy to increase wheat exports to an all-time high of 21 million tonnes (MT) in fiscal year 2022-23. The national transporter, […]
Madhya Pradesh government has floated online tenders for sale of 750,000 tn of wheat for the rabi marketing year 2020-21
The Madhya Pradesh government has floated online tenders for sale of 750,000 tn of wheat for the rabi marketing year 2020-21, stored in various districts of the state, on “as is where is” basis on Apr […]
With maize prices soaring, export demand zooms for Indian broken rice as feed
With maize (corn) prices soaring on demand from West, South and South-East Asia, buyers abroad are switching over to 100 per cent broken rice for animal feed in countries such as Vietnam, Indonesia and China. Broken […]
Chana prices were up
Chana prices were up due to good demand from buyers. Arrivals of Chana in March 1- 28 is pegged at 450,034 tonnes as compared to 627,585 tonnes in the corresponding period a year ago. Prices of […]
Grains godowns of states to be made part of FCI’s digitised system soon
The government will shortly roll out a system for real-time tracking of rice and wheat held in state government godowns, in terms of volume and quality, to complete the digitalization of foodgrain storage facilities across states. […]
Govt’s paddy procurement reaches 741.62 lakh tons so far in 2021-22 season
The paddy procurement is progressing smoothly in Kharif Marketing Season (KMS) 2021-22 at MSP from farmers, as was done in previous years. A quantity of 741.62 LMT of Paddy has been procured in KMS 2021-22 upto […]
The government of Madhya Pradesh has begun purchasing Chana at MSP,
Chana prices were down due to weak demand from bulk buyers. The government of Madhya Pradesh has begun purchasing Chana at MSP, and buying operations are expected to rise as Chana arrivals increase. The central government […]
Agri exports robust, set to cross FY22 target of $23 billion
India’s agricultural and processed food products exports are set to exceed the target of $23 billion in FY22 thanks to a sharp spike in shipments of rice, wheat, fresh & processed fruits and vegetables, and livestock […]
Govt extends PMGKAY for six more months
The PMGKAY plan has been extended by the government for another six months, till September 2022. (Phase VI). The PM-GKAY scheme’s Phase-V was set to finish in March 2022. The PM-GKAY, the world’s largest food security […]
NAFED has confirmed Chana auctions in the range of 4,753 – 4,850
Chana prices were up due to increased demand from dal millers. NAFED has confirmed auctions in the range of 4,753 – 4,850 rupees per 100 kg on March 24 in Rajasthan (Rabi 2020). Arrivals of Chana […]
Tur prices were steady
Tur prices were steady due to limited demand amid limited supplies in the key markets. The demand for Dal is projected to rise when the wedding season begins in April. Traders, exporters, importers, and stockists are […]
Urad seeding in the summer continues to gather traction in all states
Urad seeding in the summer continues to gather traction in all states, including Chhattisgarh. As of March 18th, 2022, farmers had covered 1.374 lakh hectares. It’s up 50% from the same period the previous year. Summer […]
India’s maize exports up 22% YoY, hit all-time high of $816.31 mn in FY22
Maize exports have reached USD 816.31 million in the first ten months of the current fiscal year 2021-22 (April-January), surpassing the USD 634.85 million obtained in the previous fiscal year, according to the Union Ministry of […]
India rates unchanged at $371-$378/tonne this week
Top exporter India’s 5 percent broken parboiled variety was quoted at $371 to $378 per tonne, unchanged from the previous week, as demand for broken grades for feed purposes remained robust. There is a high demand […]