Rajasthan groundnut farmers warned against termites.

IMD Agrimet division has advised farmers in Rajasthan to control infestation of termites in the standing kharif groundnut crop. Incidents of termite attack on the groundnut crop have been reported in some areas of the state. Farmers are advised to irrigate the fields after spraying pesticides on the crop.

New crop groundnut arrivals begin in Gujarat, prices fall.

Arrivals of groundnut from new crop started in some parts of Gujarat almost a week ago, and prices have fallen below last year level. In the benchmark Gondal market in Gujarat, average daily arrivals of groundnut estimated around 25,000 bags (1 bag = 35 kg), up from 12,000-15,000 bags a year ago.

Groundnut price may top MSP in 2 mos on likely small crop, govt buys.

Groundnut prices are likely to top the minimum support price during the peak arrival season in Oct-Nov, deviating from the norm, buoyed by a smaller crop, procurement in Gujarat, and an uptick in exports Erratic weather conditions due to uneven distribution of monsoon rains in key growing areas have hit the crop this year.

Groundnut acreage 4.1 million ha as of Thu, down 11.6% on year.

Farmers had sown groundnut across 4.13 million ha, down 11.6% on year. The fall in area under the oilseed was mainly because of lower acreage in Andhra Pradesh and Karnataka. Poor rainfall in Karnataka during the initial months of the Jun-Sep monsoon season has led to a decline in the area under the crop to 378,000 ha from 522,000 ha sown last year. Acreage in Andhra Pradesh fell over 29% on year to 656,000 ha, as many farmers shifted to other remunerative crops this season. In Gujarat, the largest producing state, groundnut acreage fell marginally to 1.63 million ha from 1.64 million ha last year.

Gujarat pegs 2017 groundnut output 3.27 million tonne vs 2.74 million tonne.

Output of groundnut, another major crop in the state, is seen rising 19% on year to 3.27 million tonne. Castor output is estimated to decline 12% on year to 1.11 million tonne. Total oilseed output in the kharif season is seen at 4.54 million tonne, as against 4.16 million tonne a year ago. Guar output in Gujarat, the second largest growing state, is likely to fall 41% on year to 144,000 tonne, as acreage declined to 200,000 ha from 352,000 ha a year ago.

Andhra groundnut farmers asked to control insects.

IMD Agrimet has advised farmers in Andhra Pradesh to control the menace of leaf eating caterpillars, red hairy caterpillars, stem borer, and leaf folder insects in the groundnut crop to get optimal yield. The present weather conditions are favourable for the insect attacks. The disease may lead to shrivelling and wilting of the plants and eventually hit the yield. These attacks are common when the weather turns humid after rains.

Higher supply weighs on groundnut seed in Junagadh.

Prices of groundnut seed fell in Junagadh, Gujarat, due to higher arrivals and lacklustre demand from domestic oil millers and crushers. In Junagadh, the key market for the oilseed, it was sold at down 10 rupees from previous close. In Gondal, another key market, the commodity was quoted down 15 rupees. Arrivals of the oilseed in Junagadh were estimated at 3,000 bags (1 bag= 20 kg), up 1,000 bags from previous close.

Groundnut, mustard oils up on retailer demand.

Prices of groundnut and mustard oils rose by up to Rs 100 per quintal at the wholesale oils and oilseeds market today largely on pick-up in demand from retailers. Castor oil, in the non-edible section, also traded higher on increased offtake by consuming industries. Besides uptick in demand from retailers, fall in arrivals from producing belts mainly led to the rise in groundnut and mustard oil prices.

Groundnut oil strengthens on rising demand.

Groundnut oil strengthened at the Vashi oils and oilseeds wholesale market here on consistent demand from stockists and retailers. Refined palmolein also surged following sustained demand from retailers. Castorseeds bold and castor oil commercial also firmed up due to persistent demand from shippers and soap industries.

Groundnut oil softens on reduced offtake.

In restricted activity, groundnut oil prices declined at the wholesale oils and oilseeds market due to reduced offtake by stockists. Reduced offtake by stockists on the back of easing demand from retailers against adequate stocks position, mainly weighed on groundnut oil prices.

Groundnut acreage 3.5 million ha as of Thu, down 13% on year.

Farmers in the country had sown kharif groundnut across 3.49 million ha as of Thursday, down 12.9% on year. In Gujarat, the largest producing state, groundnut acreage was 1.61 million ha, up 2.6% on year, following favorable rains in the state. However, a fall in area sown under groundnut seed in other key producing states of Andhra Pradesh and Karnataka, following deficit rains, pulled down overall acreage in the country.

India groundnut oil softens on reduced offtake.

Groundnut oil prices fell at the wholesale oils and oilseeds market due to reduced offtake by stockists following easing demand from retailers. However, other edible and non-edible oils moved in a narrow range in limited deals and pegged at last levels. Reduced offtake by stockists due to fall in demand from retailers against adequate stocks position, mainly led to the decline in groundnut oil prices.

NAFED to begin groundnut, sesamum procurement in West Bengal in a week.

The National Agricultural Cooperative Marketing Federation is likely to begin procurement of groundnut and sesamum in West Bengal at minimum support price in a week. It may procure 25% of the total output of the oilseeds in the state, which is among the leading producers in the country. West Bengal produced 201,900 tonne of groundnut in 2016-17 (Jul-Jun), up 6.3% from last year. The agency is buying groundnut at minimum support price of 4,220 rupees per 100 kg, inclusive of the bonus, while minimum support price of sesamum is 5,000 rupees per 100 kg.