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 […]
By April, the government’s wheat supplies might be insufficient.
The stocks kept with the Food Corporation of India (FCI) may fall below the buffer requirement by the start of the next fiscal year as a result of the government’s decision to suppress price increases by […]
Till March 2024, the government would not allow the export of de-oiled rice bran.
According to a notification, the government has prolonged the export prohibition on de-oiled rice bran, a crucial component in the manufacturing of cow and poultry feed, until March 31 of the next year. This July, it […]
Rabi rice sowing area decreased by 8.0%:
According to Department of Agriculture & Farmers Welfare, the area under Rabi rice is decreased by 8.0 percent to 841 thousand hectares as against 915 thousand hectares sowed during the same period last year. Tamil Nadu […]
Rice USDA’s November month Update
The 2023/24 global rice outlook this month is for higher supplies, consumption, trade, and nearly unchanged stocks. World supplies are raised 1.6 million tons to 692.6 million, mostly on higher beginning stocks for India. The country’s […]
Indian Rabi wheat sowing area decreased by 13%.
According to Department of Agriculture & Farmers Welfare, the area under Rabi Wheat is decreased by 13 percent to 1804.5 thousand hectares as against 2065 thousand hectares sowed during the same period last year. Madhya Pradesh […]
The government increases the amount of wheat allotted for open market sales.
In order to lower prices, the government has chosen to release 0.3 million tonnes (MT) under the Food Corporation of India’s (FCI) open market sale system (OMSS) in its weekly e-auction starting next month, compared to […]