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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Govt’s paddy procurement reaches 741.62 lakh tons so far in 2021-22 season
The paddy procurement is progressing smoothly in Kharif Marketing Season (KMS) 2021-22 at MSP from farmers, as was done in previous years. A quantity of 741.62 LMT of Paddy has been procured in KMS 2021-22 upto […]
Paddy prices down on quality issues.
In Amritsar, Punjab, prices of basmati 1121 paddy slumped on quality concerns. Prices fell 100 rupees to 3,400-3,500 rupees per 100 kg. Prices of non-basmati varieties of paddy were steady as government agencies have been procuring […]