State farmers face risk as erstwhile BRS government opted out of the PM crop insurance scheme Farmers in Telangana are reported to have suffered losses on about 50,000 acres as heavy rains and hailstorm have hit the paddy, maize, chilli and mango crops. The losses are said to severe in Warangal, Kamareddy, Nizamabad, Medak, Sangareddy, …
Continue reading “Heavy rains dampen hopes of paddy,mango,maize farmers in Telangana”
Government asks traders, stockists not to enter market till May; processors in UP asked to purchase hand-to-mouth The stock limit order currently valid until March 31, may be extended for another three months to keep stockists out of the market until June. The Food Ministry has reportedly come up with an aggressive plan to procure …
Continue reading “India to procure wheat aggressively as stocks with FCI fall to 7-year low”
It has helped increase production of rabi crops Niti Aayog member Ramesh Chand on Friday said the irrigated area out of net cropped area of 140 million hectares has increased to 55 per cent from 47 per cent in the last six years. As a result, the production of rabi crops has increased. He said …
Continue reading “Irrigated area increased to 55% from 47% in 6 years,says Niti Aayog s Chand”
Malaysian palm oil futures fell on Friday to markits firstweekly loss in five as it consolidatedafter a recent bullish episode, while lower edible and crude oil prices added to the decline. The benchmark palm oil contract FCPOc3 for June delivery on the Bursa Malaysia Derivatives Exchange ticked down 62ringgit, or 1.46% to 4,187 ringgit ($884.27) …
Continue reading “Palm oil posts 2% weekly fall on consolidation after recent uptick”
Barge shipments down the Mississippi river declined to 464k tons in the week ending March 16 from 593k tons the previous week, according to the USDA’s weekly grain transportation report.
The following shows US export sales of soybeans, corn and wheat by biggest net buyers for week ending March 14, according to data on the USDA’s website.