The standard operating procedure (SoP) for the government’s plan has been released. According to it, cooperatives like NAFED and NCCF would contract with distillers to guarantee a supply of maize at ₹2,291 per quintal for the […]
The nation blends 11.20% ethanol; updated contracts and allocations are the main focus
The country has effectively attained an ethanol blending rate of 11.20% as of February 4, 2024. The current Ethanol Supply Season began on November 1, 2023, and the revised allotment for ethanol deliveries from (Sugar) molasses-based […]
Molasses obtained from the refining of sugar is subject to a 50% export levy imposed by the government.
The Center has placed a 50% export tariff on molasses that come from the extraction or refinement of sugar, according to a government notification that was made public on January 15. As of January 18, this […]
Rabi Mustard Sowing Update
According to Department of Agriculture & Farmers Welfare, Rabi Mustard 2022-23 acres Scenario As of 12 th January 2024, All India acreage under rabi Mustard stood at 99,579 thousand Ha, up by 2.2% compared to 97,445 […]
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 […]
Rabi crop acreage down, Pulses hit worst
The Rabi cropping season of 2023–2024 is almost completed. This year area under Rabi crops is down by 1.23% as compared to the previous year’s Rabi season, with pulses having the lowest acreage this year among […]
India’s Agricultural Exports Set to Surge Despite Restrictions on Key Commodities
In the face of restrictions on wheat, rice, and sugar exports, India’s agricultural sector is gearing up for a robust performance in the fiscal year 2023–2024. The country, ranked as the second-largest producer of wheat, rice, […]
Exchanges are buzzing as MCX switches to new software
The two major events in 2023 that market players will remember for a very long time are the country’s largest commodity exchange, MCX, switching to new software, and the one-year extension of the prohibition on trading […]
Chana/ Gram Sowing Progress hovers below 5-year average sowing
As per recent release (as on 29th Dec 2023), the Department of Agriculture and Farmers Welfare states that Chana sowing is down by 8.3% to 9704.6 thousand ha. from 10579.7 thousand ha. at the same corresponding […]
Amidst crop insecurity in Brazil, Soy records its first weekly rise in 1-1/2months.
Soy futures in the US have seen their first weekly gain in a half-month due to concerns over Brazil’s crop. On Friday, U.S. soybean futures closed higher in the near-term contract and lower in the deferred […]
India Chairs International Sugar Organization 2024
India has been appointed as the Chair of the International Sugar Organization (ISO) for the year 2024, as announced during the 63rd council meeting held in London. As the largest consumer and second-largest producer of sugar […]
Year-Round Availability: Center Considers Sugar Stock Declaration
To ensure continuous availability throughout the year, the center may implement a requirement for sugar stock declaration. The government is exploring a system to compel mills, stockists, and wholesalers to declare their sugar stocks, aiming to […]
Kharif rice sowing area increased by 4.4%
According to Department of Agriculture & Farmers Welfare, the area under kharif rice is increased by 4.4 percent to 20,988 thousand hectares as against 20,109 thousand hectares sowed during the same period last year. Chhattisgarh stands […]
Kharif Maize Sowing area increased by 4%
According to Department of Agriculture & Farmers Welfare, the area under kharif maize is increased by 4 percent to 8,579 thousand hectares as against 8,262 thousand hectares sowed during the same period last year. Madhya Pradesh […]
MEP for Basmati rice will reduce from US$1,200 to US$850 per tonne
After millers and dealers complained about a dramatic decline in overseas sales of the premium aromatic grain, INDIA will lower the floor price for basmati rice exports in the upcoming days, according to individuals familiar with […]
Kharif rice sowing area increased by 2.7%:
According to Department of Agriculture & Farmers Welfare, the area under kharif rice is increased by 2.7 percent to 41,152 thousand hectares as against 40,072 thousand hectares sowed during the same period last year. Uttar Pradesh […]
Kharif Maize sowing area increased by 3%.
According to Department of Agriculture & Farmers Welfare, the area under kharif maize is increased by 3 percent to 8,465 thousand hectares as against 8,201 thousand hectares sowed during the same period last year. Madhya Pradesh […]
Pulses Market Recap
As per ABARES report published on 4th Sep. Lentil production for this year estimated at 12.2 lakh tonne, down by 27.2% from 16.8 lakh tonnes in previous year. Whereas lentil crop area also down by 0.2% […]
USDA’s September month WASDE Report
According to USDA’s September month WASDE Report (World Agricultural Supply and Demand Estimates):
Kharif Pulses Sowing
Kharif Pulses Sowing As per recent release (as on 08th Sep 2023), the Department of Agriculture and Farmers Welfare states that Kharif pulses sowing is down by 8.6% to 119.9 lakh hectares from 131.2 lakh hectares […]