The total rice production for the 2023-24 season is estimated at a record 137.825 million tonnes (MT), which is 2.070 MT higher than the previous year’s production of 135.755 MT. Procurement of rice commenced in almost […]
Expected little increase in wheat MSP
In consideration of market availability and commodity prices worldwide, the government is anticipated to declare a 5% increase in the minimum support price (MSP) of wheat, a crucial rabi crop for the upcoming marketing season 2025–2026 […]
Record-Breaking Paddy Production, Kickstarts Procurement Season”
According to the Final estimates released by Department of Agriulture and Farmers welfare 🌾🌾for the 2023-24 season, total rice production is projected to reach a record 137.825 million tonnes (MT), which is 2.070 MT higher than […]
An overview of India’s ban on rice exports and the subsequent resumption of exports
The largest rice exporter in the world, India, banned some rice exports on July 20, 2023, stating growing local costs, inflation concerns and the need to guarantee food security. Considering that India accounts for more than […]
According to a government research, climate change would significantly reduce India’s rice, wheat, and maize production by 2080.
Rainfed rice yields are predicted to plummet by 20% by 2050, the administration informed Parliament on Tuesday, and if adaptation measures are not implemented, the situation would drastically decline by 2080, with production decreasing by 47%. […]
Rice and Maize Kharif Sowing Update
Kharif rice sowing area increased by 19.9%: According to Department of Agriculture & Farmers Welfare, the area under kharif rice is increased by 19.9 percent to 11,484 thousand hectares as against 9578 thousand hectares sowed during […]
Govt’s wheat stocks fall to 16-year low, 30-32 MT of procurement target for the season
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 […]
Impact of Rainfall and hailstorm on Winter Crops especially on Wheat
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 […]
IMD predicts snowfall in Himalayas, rain in plains; wheat crop may suffer
The India Meteorological Department (IMD) stated in a statement on Sunday that two western disturbances are anticipated to bring showers, thunderstorms, and gusty winds to the plains and snowfall to the higher elevations of the Himalayas […]
Food grain production to decline 6% in 2023-24, says govt; wheat output projected at record 112 MT
The agricultural ministry announced on Friday that the production of food grains in the 2023–24 crop year (July–June) is predicted to decrease by 6% to 309.34 million tonne (MT), from 329 MT in the previous crop […]
India to start wheat procurement in March.
India plans to begin wheat procurement on March 1st and aim to acquire 114 lakh metric tons (LMT) of wheat this season. While the administration is still hopeful that problems with the protesting farmers will be […]
Govt extends 20% export tax on parboiled rice until further order.
The Indian government decided on Wednesday to keep the 20% export tax on parboiled rice in effect past March 31. In August of last year, the government levied a 20 percent tariff on the export of […]
Summer Maize sowing area increased by 2%:
According to Department of Agriculture & Farmers Welfare, the area under Summer maize is increased by 2 percent to 2,308 thousand hectares as against 2,262 thousand hectares sowed during the same period last year. Bihar, stands […]
Summer rice sowing area decreased by 2.7%:
According to Department of Agriculture & Farmers Welfare, the area under Summer rice is decreased by 2.7 percent to 3,929 thousand hectares as against 4,037 thousand hectares sowed during the same period last year. Telangana stands […]
Bharat rice to hit market, with price tag of Rs 29/kg.
According to sources, the government has decided to stop price increases by selling grain that has been subsidized through retail outlets as part of the Bharat rice project starting next week. In the coming days, a […]
India right now has no intentions to import wheat.
India, the second-largest producer of wheat in the world, has no intention of importing the grain, and its farmers are expected to harvest a bumper crop that would increase stocks, the trade minister announced on Saturday. […]
Rabi Maize sowing area increased by 4%.
According to Department of Agriculture & Farmers Welfare, the area under Rabi Maize is increased by 4 percent to 2,051 thousand hectares as against 1,971 thousand hectares sowed during the same period last year. Bihar stands […]
FCI Wheat Prices Surge ₹61/quintal Ahead of New Crop Arrival
Food Corporation of India’s e-auction records prices that increase by ₹61/quintal in a month, compared with the minimum support price, amid expectations of an upcoming wheat crop. The spike in the average selling price, which reached […]
Indian rice exporters expect to face challenges due to policy risks, high prices in 2024
Indian rice exporters predict a challenging year in 2024, characterized by unclear policies and high local prices, which would impede the country’s efforts to normalize rice exports. S&P Global Commodity Insights states that the market is […]
The stock of rice and wheat in FCI exceeds the buffer norm.
The government-owned Food Corporation of India (FCI) will keep selling rice and wheat on the open market since it possesses more of both grains than is needed in accordance with the buffer rule. However, based on […]