The USDA predicts India’s centrifugal sugar production in the marketing year 2024-2025 to reach 34.5 million metric tons, equivalent to 33 million metric tons of crystal white sugar. Due to delayed rains in Maharashtra and Karnataka
Pulses stocks in warehouses located in major ports and in pulses industry hubs should be verified Strict action to be taken on stockholding entities found to be reporting false information on stock disclosure portal The Centre
The USDA’s most recent report, issued on April 11, expects 13 billion pounds of soybean oil to be utilized for biofuel production in 2023-‘24, consistent with earlier projections, with no alterations to the anticipated price of
India is expected to have a ‘normal’ monsoon between June and September 2024, with monsoon rains predicted to be 102% of the long-period average. Different regions of India will experience varying levels of rainfall, with above-normal
Due to an increase in production in Maharashtra and Karnataka, the sugar trade association AISTA revised the nation’s sugar production upward by 4,00,000 tons to 32 million tonne for the 2023–24 season (October–September). The availability of
With a healthy closing stock before the conclusion of the season, the Indian Sugar Mills Association (ISMA) has asked the government to permit the export of 10 lakh tonnes of sugar during the current 2023–24 season.
In an announcement on March 26, the food ministry allocated a monthly sugar quota of 25 lakh metric tonnes (LMT) for April 2024, which is 3 LMT higher than the quantity allocated in April 2023 (22
Due to Food Corporation of India (FCI)’s active sale of grains on the open market during this fiscal year and minimal procurement over the previous two years, wheat inventories in the central pool dropped to a
In the opening months of 2024, China’s soybean import landscape experienced a seismic shift, with imports from Brazil skyrocketing by over 200% compared to the previous year. Data from China’s General Administration of Customs (GACC), released
An intense ‘western disturbance’ — a wave of moist winds from the Mediterranean region that impacts north India — impacted the region from Feb 29 to March 4, causing hail and thunderstorms in the plains and