Agrimet warns of paddy blast disease in Madhya Pradesh.
Ram Gopal Yadav (7 years ago)

IMD’s Agrimet has warned that present weather conditions in Madhya Pradesh are highly favourable for incidence of blast disease in paddy. Blast and brown spot on the paddy leaves indicate attack of blast disease, which needs to be addressed at earliest to avoid any damage. Farmers have been advised to keep an eye and spray pesticides if the infestation is spotted after spells of rain. Sowing of paddy in Madhya Pradesh, one of the largest growers, was at 869,000 ha, up 35% on year.

NCDEX barley down on profit booking post 15-month high.
Ram Gopal Yadav (7 years ago)

The most active August contract of barley was down on the NCDEX due to profit booking after prices hit a 15-month high of 1,602 rupees per 100 kg. On the NCDEX, the August contract was at 1,591 rupees per 100 kg, down 0.2%. A fall in prices of the grain in the benchmark spot market of Jaipur, also weighed on the contracts. Prices of barley were down in Jaipur due to weak demand from malt industries following concern over the quality of domestic stocks.

Chana prices increasing as demand for Besan in monsoon.
Ram Gopal Yadav (7 years ago)

The prices of gram are continuing steadily due to lower stock prices in the market. For the past one month, the price of gram has risen about Rs 1,000. The demand for gram flour is rising due to increased demand for gram flour in the monsoon. After the increase in gram, the market price has more than the minimum support price. The MSP government has fixed Rs 4,400 per quintal for the Rabi season of gram in the crop year 2017-18. The demand of consumers is increasing in demand due to increase in prices of vegetables. The demand for mills remained, whereas the pipeline is empty because the government agencies have a large stock of gram.

Vegetable prices shoot up due to monsoon.
Ram Gopal Yadav (7 years ago)

Prices of vegetables are set to burn a hole in your pocket as the monsoon season is leading to a hike in wholesale rates. Tomatoes are the worst hit as the local supply has run dry. The price shot up from Rs 10-20 per kg to Rs 30-40 as tomatoes are being brought from Himachal, Uttarakhand and Bangalore. The wholesale rates varies from Rs 30-40 per kg. Due to the rains, the supply often gets disrupted. The prices are likely to rise with monsoon season. In the retail market, a kilogram of tomato can cost Rs 35-60 depending on the variety. However, prices of onions are rising slowly. The wholesale rate for onion was recorded as Rs 25-35 per kg, which has increased by Rs 5 per kg in last one month. Supply of onions is not much interrupted. Mostly the onions are being brought from Maharashtra and Rajasthan.The Maharashtra onions, which comes from Nasik, is the costlier one due to the quality and distance.

Mumbai Tomato shoots to Rs 48 per kg leaving consumers bitter.
Ram Gopal Yadav (7 years ago)

Adding weight to the burden of food inflation, the retail price of tomato has been steadily climbing over the last two weeks. The fruit is now selling for Rs 40-48 per kg in parts of the city. “There is no dearth of good quality tomatoes that would point to a shortage. The fruit is large, red and juicy. It is difficult to see why the cost has increased from the average Rs 15-18 to Rs 40-45. Wholesale prices range from Rs 8 for average produce to Rs 20-25 for best quality tomatoes. The crop shortage in Narayangaon is responsible for this. Milking the situation, retailers are charging double the wholesale price claiming losses due to spoilage by rain. Tomato sold for Rs 40 in Lokhandwala Complex, Andheri, and JN Road, Mulund, and Rs 48 in Breach Candy, Matunga and Chembur. At Churchway in Borivli’s IC Colony, the price was Rs 50.

Onion exporters to get 5% incentive under MEIS.
Ram Gopal Yadav (7 years ago)

In a bid to boost onion export, the Centre has decided to give 5% benefit of Merchandise Exports from India Scheme (MEIS) to onion exporters. The scheme has come into effect from July 13 and will continue till January 12, 2019, says a notification issued by the Directorate General of Foreign Trade. Farmers, traders and the agriculture Produce Market Committee (APMC) at Lasalgaon had been demanding the incentive for onion exports. The Maharashtra State Agriculture Marketing Board had also sent a proposal to the Centre around two months ago, seeking 5% incentive for onion export to stop drop in onion prices. “The move will benefit onion exporters. The maximum onion export from the country is from Nashik district. Hence, it will benefit onion exporters in our district in a big way. It will also help stabilise onion prices, which will help the farmers.

Wheat up on increased offtake by flour mills.
Ram Gopal Yadav (7 years ago)

Wheat prices firmed up by Rs 20 per quintal at the wholesale grains market due to increased offtake by flour mills. However, other grains held steady in thin trade. increased offtake by flour mills against restricted arrivals from producing regions mainly led to rise in wheat prices.

China to import Thailand rice under MoU.
Ram Gopal Yadav (7 years ago)

A major rice importer in China has signed a Memorandum of Understanding (MoU) with Thailand. Under the agreement, a minimum of 10,000 tonnes of Thai Kor Khor 43 rice will be sold in China via both traditional and online platforms. The rice will be sold to the Chinese company at 12,000 THB per tonne. It is expected that up to 13,000 tonnes of Kor Khor 43 rice will have been harvested by the end of next month. The rice has a low sugar content compared to other rice strains and produces a pleasant scent when cooked.

The area under moong crop across the country down
Ram Gopal Yadav (7 years ago)

The area under moong crop across the country was down 5.5% on year at 1.75 mln ha. In Rajasthan, the largest producer of moong, the acreage was down 25.2% on year at 873,100 ha. Sowing under the pulse has been lower this year due to erratic rainfall in key growing areas in the state.

The area under the tur crop across the country down
Ram Gopal Yadav (7 years ago)

The area under the tur crop across the country down 2% on year at 2.2 mln ha. For the week ended Jul 4, the area under tur was down 20% on year. The recover in acreage in the week ended Wednesday was due to conducive rains. The acreage in key growing states Maharashtra, Madhya Pradesh, and Telangana increased, while that in Karnataka was lower. In Karnataka, the area under tur was down 22% on year at 553,000 ha.