Global wheat 2018 Production down to 723 MMT

FAO raised its forecast of global wheat production in 2018 to 727.9 MMT from 722.4 MMT projected in Oct (760.4 MMT in 2017), on reported bigger harvests in China along with a number of other countries […]

Tur outlook Firm in near term

Due to fears that output in Maharashtra and Karnataka, the top two producing states, may fall 30-50% due to drought. Maharashtra and Karnataka together account for around 40% of the country’s 4-mln-tn tur production. Recently,NAFED also […]

Sugar import from India to be duty-free

The commerce ministry yesterday agreed to withdraw the 40 percent duty on sugar imports from India, much to the ire of the local refiners. Until now, Bangladesh has kept sugar out of the South Asian Free […]