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Robust rains accelerate rice planting in India Indian farmers have planted 28.3 million hectares (69.9 million acres) with summer-sown rice, according to the farm ministry's latest data, up 3.28% from the same period last year, as robust monsoon rains encouraged the expansion of acreage. Higher rice planting in India, the world's second-biggest producer of the grain, will ease concerns about lower output of the staple. India late last month ordered a halt to its largest rice export category a move that will roughly halve shi...
Robust rains accelerate rice planting in India
Robust rains accelerate rice planting in India
Source: Reuters
6/08/2023 9:02:15 AM
India`s rice planting gathers pace as monsoon rains revive Indian farmers have planted 23.7 million hectares with summer-sown rice so far, according to the farm ministry's latest data, up 1.71% year-on-year, as crucial monsoon rains revived in July and helped farmers accelerate sowing. Higher rice planting in India, the world's second biggest producer of the grain, will ease concerns about the lower output of the staple. Earlier this month, India ordered a halt to its largest rice export category - a move that will roughly halve shipmen...
India`s rice planting gathers pace as monsoon rains revive
India`s rice planting gathers pace as monsoon rains revive
Source: Reuters
29/07/2023 12:24:03 PM
India examining proposal to raise palm oil import tax  India is examining whether there is a need to raise palm oil import taxes, government and trade sources said, as part of efforts by the world's biggest vegetable oil importer to help millions of its farmers reeling from lower oilseed prices. Earlier this year, India abolished the basic import tax on crude palm oil (CPO) to keep a lid on prices. New Delhi continues with a 5% tax known as the Agriculture Infrastructure and Development Cess on CPO imports. India also levies a 12....
India examining proposal to raise palm oil import tax
India examining proposal to raise palm oil import tax
Source: Reuters
18/10/2022 3:07:32 PM
Palm surges nearly 6% on higher soyoil prices, strong India demand Malaysian palm oil futures rose nearly 6% on Tuesday, tracking gains in rival soyoil on bleak forecast for U.S. soybean harvest, while strong demand from key buyer India provided an added boost. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange extended gains to a third straight session, rising 217 ringgit, or 5.89%, to 3,900 ringgit ($865.51) a tonne, its highest daily rise in more than 6 weeks. India's palm oil imports in August jumpe...
Palm surges nearly 6% on higher soyoil prices, strong India demand
Palm surges nearly 6% on higher soyoil prices, strong India demand
Source: Reuters
13/09/2022 4:38:09 PM
Explainer-India`s economic outlook at the mercy of monsoon  The monsoon, which accounts for about 75% of India's annual rainfall, is the lifeblood of its nearly $3 trillion agriculture-dependent economy. Asia's third-largest economy and the world's top producer of a host of critical crops such as rice, wheat and sugar has received 11% more than average monsoon rain since the four-month season began on June 1. An average monsoon is rainfall between 96% and 104% of a 50-year average of 89cm over the season. However, the uneven na...
Explainer-India`s economic outlook at the mercy of monsoon
Explainer-India`s economic outlook at the mercy of monsoon
Source: Reuters
26/07/2022 5:34:39 PM
Planting of summer crops ramps up in India as monsoon revives  Ample monsoon rain in the first half of July accelerated planting of main summer-sown crops such as soybean, cotton and pulses in India, although rice planting is still lagging behind due to scant rainfall in northern states. Farmers planted summer-sown crops on 59.2 million hectares, as of July 15, slightly higher than 59.1 million hectares a year ago, according to the Ministry of Agriculture & Farmers' Welfare. Crop sowing was down 9.3% until last week. The planting of s...
Planting of summer crops ramps up in India as monsoon revives
Planting of summer crops ramps up in India as monsoon revives
Source: Reuters
15/07/2022 3:18:45 PM
India`s summer-sown crop planting lags, raises output concerns Farmers in India have fallen behind in planting key summer-sown crops such as rice, corn and soybeans due to the uneven distribution of monsoon rainfall, although they could recover ground in the coming week if there is enough rain. As of July 8, 40.67 million hectares had been planted with summer crops, some 9.3% less than a year earlier, according to the Ministry of Agriculture & Farmers' Welfare. The planting of summer-sown crops takes place in the monsoon months of June and ...
India`s summer-sown crop planting lags, raises output concerns
India`s summer-sown crop planting lags, raises output concerns
Source: Reuters
8/07/2022 3:55:07 PM
Vegetable oil imports down by 15% over last year: SEA Three weeks after Indonesia lifted the export ban, the import of vegetable oils during May 2022 is reported at 10,61,416 tonnes compared to 12,49,648 tonnes in May 2021, i.e., down by 15 per cent, data compiled by the Solvent Extractors' Association (SEA) of India showed on Tuesday. The import data of vegetable oils (edible & non-edible) for the month of May 2022 showed that 10,61,416 tonnes imported consisted of 10,05,547 tonnes of edible oils and 55,869 tonnes of non-edible oils....
Vegetable oil imports down by 15% over last year: SEA
Vegetable oil imports down by 15% over last year: SEA
Source: IANS
15/06/2022 9:29:48 AM
Government imposes stocks limit on soya meal With an aim to regulate the production, stocking and distribution of soya meal, the Centre has brought in an order to impose a stock limit on it till June 30, 2022. According to the Gazette notification of December 23 for the Ministry of Consumer Affairs, Food & Public Distribution (MoCAF&PD) the government has exercised the powers under the various provisions of the Essential Commodities Act, 1955, which means, no one can stock soya meal beyond 90 days. Earlier this week, the S...
Government imposes stocks limit on soya meal
Government imposes stocks limit on soya meal
Source: IANS
24/12/2021 3:25:02 PM