•Soybean plant prices went marginally up by 0.9% to INR 5,600/ Qtl. as compared to 5,550/qtl. previous week. •The weekly average prices of Indore soymeal went up by 2.4% to INR 43,333/MT as compared to last […]
Wheat Daily Digest Report | Friday, March 10, 2023
· Untimely Rain Causes Massive Crop Damage In Madhya Pradesh o Farmers lost around 10-40 per cent of the standing and newly harvested wintercrops, said government sources. o Vidisha and Rajgarh are the two central districts […]
Pulses Daily Digest | Monday, March 6, 2023
• Chana prices were up in Delhi due to firm demand from buyers. • Masur prices were down in Kanpur due to reduced demand from buyers. • Tur prices were flat in Akola due to limited […]
According to USDA, the Indian restriction will eliminate the trade of broken rice.
The Indian government’s ban on exports of broken rice will eliminate its trade that had increased 53 percent last year, the US Department of Agriculture (USDA) said. In 2021, the global broken rice trade was 6.7 […]
Rice exports from India to fall by 25% as high levy rains on shipments
As a result of New Delhi’s restrictions, which compel customers to move to competitor suppliers who are selling the grain at a lower price, India’s rice exports may decline by 25% this year. Late last week, […]
Low food inventories are what’s holding back the PMGKAY extension.
Foodgrain inventories, which include rice, wheat, and unmilled paddy, decreased by 33.5% to 60.11 million tonnes (mt) as of September 1 from 90.41 mt a year earlier in the Central Pool run by the Food Corporation […]
India have seeded maize across 812,900 acres in the 2022–23 kharif season
According to data from the agricultural ministry, farmers in India have seeded maize across 812,900 acres in the 2022–23 Kharif season, a decrease of 32% from the previous year. Due to irregular rainfall throughout the main […]
India’s maize exports surged in 2021–2022 to surpass $1 billion
After a seven-year hiatus, India’s maize exports surged in 2021–2022 to surpass $1 billion. Before mounting a remarkable comeback over the previous two years, shipments had fallen to a nine-year low of $142 million in 2019–20 […]
India exported 1.5 LMT wheat to Bangladesh since ban
Since India prohibited the export of wheat on May 13, India has shipped 1.5 lakh metric tonnes (LMT) of wheat to Bangladesh, according to the Food Secretary. Between April 1 and June 22 of this fiscal […]
Traders in pact to sell 90,000 tonnes wheat to Sri Lanka
Indian traders have signed a deal to sell around 90,000 tn of wheat to Sri Lanka at $380 per tn, free on board. The foodgrain will be shipped from the Kandla port on Apr 5 and […]
Rabi wheat procurement starts, purchases to be down by a fifth
Wheat procurement by the government agencies in the key growing states – Punjab, Haryana, Madhya Pradesh, Rajasthan, Gujarat and Uttar Pradesh — for the 2022-23 session is set to commerce. Due to a projected rise in […]
Indian government extends offering discounted rice till Sept-end
Rice export prices in India remained constant this week, despite greater supply and a stronger currency, while rates in Vietnam were pushed down by rising stockpiles. The 5 percent broken parboiled type from top exporter India […]
Madhya Pradesh identifies 3.75 mt wheat for exports
The Madhya Pradesh government has decided to use the unprecedented opportunity of wheat exports for India to establish brand MP of wheat at the international level. MP CM said the exporters will have to mention MP […]
FCI won’t procure parboiled rice, States can do so: Centre
Dashing all hopes of the State government, the Centre has once again made it clear that the Food Corporation of India (FCI) would not procure parboiled rice from any State, including Telangana. The Centre, however, clarified […]
Arrivals of fresh rabi maize crop have begun in Purnea
Arrivals of the rabi maize crop have begun in Purnea, Bihar’s primary spot market, however, the quantity is minimal and the moisture content is greater than planned. The new crop has a moisture content of 18-19%, […]
India Prepares Roadmap To Triple Wheat Exports To 21 Million Tons
Due to the global trade disruption caused by the Russia-Ukraine conflict, India is developing a strategy to increase wheat exports to an all-time high of 21 million tonnes (MT) in fiscal year 2022-23. The national transporter, […]
Madhya Pradesh government has floated online tenders for sale of 750,000 tn of wheat for the rabi marketing year 2020-21
The Madhya Pradesh government has floated online tenders for sale of 750,000 tn of wheat for the rabi marketing year 2020-21, stored in various districts of the state, on “as is where is” basis on Apr […]
With maize prices soaring, export demand zooms for Indian broken rice as feed
With maize (corn) prices soaring on demand from West, South and South-East Asia, buyers abroad are switching over to 100 per cent broken rice for animal feed in countries such as Vietnam, Indonesia and China. Broken […]
Chana prices were up
Chana prices were up due to good demand from buyers. Arrivals of Chana in March 1- 28 is pegged at 450,034 tonnes as compared to 627,585 tonnes in the corresponding period a year ago. Prices of […]
Grains godowns of states to be made part of FCI’s digitised system soon
The government will shortly roll out a system for real-time tracking of rice and wheat held in state government godowns, in terms of volume and quality, to complete the digitalization of foodgrain storage facilities across states. […]