Fair price shops in Odisha to distribute rice through e-PoS.

The State Government has directed all Collectors to ensure that rice for families under the newly launched State Food Security Scheme (SFSS) is distributed through e-PoS (Point of Sales) devices. Distribution of stocks at fair price shops will be made only through e-PoS devices. Manual mode of distribution can be resorted to only after approval from ADM, BDO or CSO with proper justification. While the fair price shops have been asked to complete distribution of rice for the months of October and November by October 25. As per the scheme, each beneficiary family will get five kg of rice per person at Re 1 a kilo. The rice would be released only to fair price shops which have valid FPS license for the financial year 2018-19.

Telangana government bought 35000 Metric tons Maize from farmers.

Telangana government buying maize at 1700 rupees per quintal from farmers. Government has not yet announced official procurement numbers but estimated to be over 35000 Mt from local sources and the news of buying continues unabated in the market. Slight rains in North Karnataka and some heavy showers in South Karnataka. If this happens the harvesting activity will slow down a bit. Rest of corn Producing areas are forecast to have dry and clear weather. North India markets continue to be rather firm and markets are expecting arrivals to flow into southern markets from now on. Indents have been placed in three more stations in Madhya Pradesh and the market awaits the arrivals now.

Brazil grain production to rise on bumper corn crop -Conab.

Brazilian farmers are expected to harvest up to 238.54 million tonnes of grain in the 2018/19 season, with the South American country potentially breaking its production record thanks to expected corn and soy bumper crops. In the prior season, Brazilian farmers harvested some 227.91 million tonnes of grains like soybeans and corn. Much of the gain is expected to be in corn, with output expected to rise as much as 12.75 percent to 91.08 million tonnes, Conab said in its first forecast for the 2018/19 season, which kicked off in September. Brazil’s soybean output could total 119.42 million tonnes in 2019, roughly in line with this year’s record of 119.28 million tonnes, Conab said. Brazil is the world’s largest exporter of soy. Levels of farm credit, strong fertilizer sales and the intention of farmers to plant at least 61 million hectares (150 million acres) of grain all indicate a strong harvest. Recent bumper crops have been eagerly sought by China, whose demand for Brazilian grains skyrocketed this year as a result of the country’s trade war with the United States.Conab expects Brazil to export 76 million tonnes of soybeans in 2018, an all-time high since records began, and 75 million tonnes in 2019.