In a calculated move to stabilize domestic rice markets and mitigate the risks of international price surges, the Bangladeshi government has decided to import an additional 50,000 tonnes of rice from India. This measure aligns with […]
Bangladesh’s Rice Strategy Amid Market Volatility
In a calculated move to stabilize domestic rice markets and mitigate the risks of international price surges, the Bangladeshi government has decided to import an additional 50,000 tonnes of rice from India. This measure aligns with […]
Slow Progress and Delays in Kharif Crop Procurement Under Price Support Scheme
The procurement of Kharif pulses and oilseeds under the Price Support Scheme (PSS) is facing significant delays, with progress falling far below expectations. As of November 18, 2024, the procurement figures remain disappointingly low, and several […]
India’s Oil Meal Exports Rise 5% in October 2024.
India’s oil meal exports saw a modest growth of 5% in October 2024, according to data from the Solvent Extractors Association of India (SEA). Total exports during the month reached 305.7 thousand tonnes, up from 289.9 […]
India’s Rabi Crop Sowing 2024-25: Mixed Trends
The Ministry of Agriculture & Farmers Welfare has released preliminary data on Rabi crop sowing for the 2024-25 season, as of November 8, 2024. The data reveals mixed trends, with some crops experiencing a decline in […]
India Faces Decline in Coriander Cultivation, Prices on the Rise
Coriander cultivation in India is expected to decrease, leading to a potential rise in prices. Experts predict that coriander prices could increase due to reduced sowing and lower expected production. Farmers are increasingly opting for wheat […]
India’s Cardamom Exports Set to Surge in 2025 as Guatemala Output Drops
India’s cardamom exports are expected to increase in 2025, driven by a projected 44% decline in Guatemala’s production due to pest damage and poor harvesting. The Guatemala’s output expected to fall to 17,000-20,000 tonne in 2024-25 […]
India’s wheat acreage lags by 15% as rabi sowing accelerates.
As of November 8, wheat sowing in India, a key rabi season crop, is 15.5% lower at 4.13 million hectares compared to 4.88 million tonnes in the previous year. With the government targeting 114 – […]
Indian Maize Imports around 0.8 Mln tonnes on High Demand
According to Trade Sources data, India imported a total of 0.8 million tonnes of maize between February to October 2024, primarily from Ukraine and Myanmar. The highest volume of imports was recorded in June 2024, with […]
India’s Cumin Exports Experience Remarkable 73% Growth in 2024
India has seen a significant boost in cumin exports, with a 73% increase recorded during the first seven months of the 2024-25 cumin marketing year (March to September). According to the Federation of Indian Spice Stakeholders […]
Thailand Faces Stiffer Rice Export Competition as India Lifts Export Ban
Thailand’s rice export industry is bracing for increased competition following India’s decision to lift its export restrictions and taxes on rice, effective September 28, 2024. This move allows India to resume unlimited rice exports, positioning it […]
India Set for Record Kharif Crop Production in 2024-25: First Advance Estimates
The Ministry of Agriculture and Farmers’ Welfare has released the First Advance Estimates for the 2024-25 Kharif crop season, forecasting a record food grain production of 164.70 million tonnes (MT). This marks an increase of 8.93 […]
Forecast for Indian Cumin Prices: Stability Now, Potential Increases Ahead
The global cumin market is currently experiencing a period of price stability, particularly for Indian cumin, thanks to a balanced relationship between supply and demand. Presently, approximately 10,000 to 12,000 bags of cumin are being sold […]
Turmeric Prices Decline Amid Lower Demand and Increased Supply
Turmeric prices have seen a decrease of 1.12%, closing at 13,108, attributed to diminished demand alongside rising supply levels. The anticipated growth in turmeric cultivation for this season is projected to be 30-35% more than the […]
Millet Prices Forecasted to Decline Amid Increased SupplyMarket Update: October 2024
As autumn progresses, the millet market is undergoing a significant transformation, marked by a substantial increase in supply that is poised to drive prices lower by the end of October. Recent reports highlight an impressive 20-30% […]
Vietnam’s Pepper Industry: Navigating Challenges and Embracing Opportunities
Vietnam’s pepper exports to China have experienced a dramatic reduction, plummeting by over 84% in2024. Between January and September 2024, Vietnam shipped approximately 200,894 tonnes of pepper, comprising 177,953 tonnes of black pepper and 22,941 tonnes […]
Australian pulses racing towards a strong harvest
Australian pulse production is on track to reach record levels this season, driven by robust international demand, particularly from India, a key consumer of chickpeas and lentils, according to agribusiness specialist Rabobank. The 2024/25 pulse harvest—including […]
Maize Kharif arrivals (2024-25) Summary
The maize Kharif arrivals for the 2024-25 marketing season, which runs from October to September, have begun strongly. Major contributing states include Madhya Pradesh, Karnataka, Uttar Pradesh, Maharashtra, Rajasthan, Telangana, Haryana, Gujarat, and Punjab. As of […]
Rabi crops’ MSP for the 2025–2026 season might increase by up to 8%; this was announced today.
Today (Wednesday, October 16), the Union Cabinet is due to convene and revised the Minimum Support Price (MSP) for Rabi crops for the marketing season 2025-26. The MSP for wheat is probably going to rise by […]
In Madhya Pradesh, favorable weather and an early frost might encourage wheat planting.
According to the head of the Indian Agricultural Research Institute’s (ICAR) regional station in Indore on Tuesday, Madhya Pradesh, the nation’s second-largest wheat-producing state, is expected to increase wheat sowing this rabi season due to sufficient […]