Maize prices fall 15% on the back of rising imports
Prices of the grain, which is largely consumed by the poultry feed and starch manufacturers, have remained firm for the past two years because of poor weather and damage caused by pests. Foreign firms such as Louis Dreyfus, Cargill, Cofco, Olam and Glencore, and other companies including Suguna Feed, Roquette, Godrej Agrovet and SKM Animal Feeds were importing maize.
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West Bengal govt to raise cultivation of maize by 33%
Maize is an important component of poultry feed and for making biofules. It is also used in food processing. It is also used to make the shell of capsules, starch and as part of the food processing industry for making sauce, gravy, pudding, pies and others. The state govt won the Krishi Karman Award this year for improvement in maize production in the country.
Punjab Agro to provide traceability and transparency to organic produce
The state government has started working with farmers to bring traceability of organic produce growing in farms and expects the proposal to boost farmers’ income and help e-commerce companies like Amazon, Tata Mjunction and Grofers and retailers like Walmart maintain steady and quality supply of these food items.
One third of Maharashtra’s cultivated area damaged due to unseasonal rainfall
The incessant downpour in Maharashtra, Madhya Pradesh and parts of Telangana since October caused widespread damage to crops including soyabean, cotton, paddy, maize, jowar, bajra and ragi and high-value horticulture crops such as grapes, pomegranates and vegetables. Grape exports may be delayed or fall, while production of cotton and maize are expected to be lower this year.
West Bengal govt to start buying paddy from November 1
The rate at which payment would be made to farmers has been increased from Rs 1,750 (last year) to Rs 1,815 per quintal. The total amount to be bought has been fixed at 52 lakh metric tonnes. The state government has also decided to encourage the cultivation of alternative crops which require less water.
Poor response to MMTC tender delays maize imports
"A few big players have also applied for import of maize in large volumes," said Babu.
Kharif crop production this year to be higher than last year's 141.71 mn tonnes: Parshottam Rupala
The minister said kharif crops were affected in some states because of floods but it would not have much impact on the overall production.
NBHC comes out with its final 2019-20 kharif crop estimates, most of the crops show decline
The total oil seeds production is estimated to be 16218.06 thousand metric tonne, which is 23.78% less than the last year production of 21277 thousand metric tonne. Soybean production is expected to decline by 32.27% over last year and 12.93% over last estimate. Groundnut production is expected to decline marginally by 9.57% over last year.
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Kharif crops production likely to decline up to 53.3 per cent due to erratic weather
In the current assessment, coarse grains, pulses, oil seeds and sugarcane have marginally pushed themselves further in the negative region with an expected decline of 14.14 per cent, 14.09 per cent, 53.31 per cent and 11.07 per cent over the last estimate, respectively, according to a report by the National Bulk Handling Corporation (NBHC).
Maize shortage hits poultry feed, starch industries
The feed industry has started using other raw material like wheat and rice as substitutes.
Farmers may plant more maize, cotton, soyabean due to export demand
Farmers have already started preparing land for their kharif crop.
India's summer crop planting down 5.3% from last year, gap narrows
The planting of rice, a key summer crop, was at 26.5 million hectares on Friday, against 30.4 million hectares at the same time last year, the ministry said.
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