Agricultural Commodity

The section contains all news related to different Agricultural Commodities

• Government to Promote Coir Production Across the Country

  In the rural areas of the coconut-growing states, the coir industry employs over 7 lakh people. More interestingly, 80 percent of these artisans are women, but production has been limited to the country's southern coconut producing states/UTs, he added.…

• India’s Cumin Exports Hampered by Pesticide Residue & Rising Prices

  The residue-free cumin is primarily grown in Rajasthan's arid regions such as Barmer and Jaisalmer. In Rajasthan, the South Asia Biotechnology Centre in Jodhpur has been implementing an integrated pest management (IPM) programme to produce residue-free cumin.…

• As Crude and Commodity Prices Rise, WPI Inflation Reaches a Four-month High of 14.55% in March

  The WPI inflation rate has remained in double digits for 12 months sequentially since April 2021.…

• After Mother Dairy & Amul, Sid's Farm Raises Milk Prices After 2 Years

  The new prices for 500 ml milk packs of Cow Milk now stand at Rs.40, Buffalo Milk is priced at Rs.48 and new price for half litre Skimmed Milk is Rs.30.…

• Ukraine Crisis: Global Agri Commodity Prices are falling as Supply Concerns Subside

  The prices of most of these commodities have dropped by more than 5% as members of the North Atlantic Treaty Organization (NATO), led by the United States, and other countries critical of Moscow's actions have failed to reach an agreement that will affect the movement…

• Food Corporation of India Inaugurates First Vessel Transporting Rice From Patna To Guwahati Through Waterways

  Approximately 80% of foodgrains were delivered by trains, 19% via road, and the remainder via waterways.…

• These Amazing Tricks Can Keep Your Fruits & Veggies Stay Fresh and Last For Over 2 Months

  When we buy fruits and vegetables, we wish they would last longer. A food blogger and mom of two has offered some tips for preserving veggies and fruits for up to two months.…

• Karnataka Plans to Expand e-Market for Farmers’ Produce

  A senior official in Karnataka said on Wednesday that the state is thinking about expanding its pioneering Rashtriya e-Market Services (ReMS) platform to sell agriculture and horticultural goods from Farmers Producer Organizations (FPOs).…

• India Finally Allows Import of US Pork and Pork Products

  India has decided to accept imports of US pig and pork products, according to US officials, clearing a barrier to US agricultural trade.…

• Rajasthan Farm Output Falls by 20% in 2021 Compared to Last Fiscal

  A data released by the Rajasthan Khadya Padarth Vyapar Sangh states that there is a 20% fall in the production of agricultural commodities in Rajasthan compared to last year (2020).…

• Coffee Prices Hit a Seven-Year High due to Global Supply Threats

  From Brazil to Vietnam coffee prices have hit a seven-year high due to global supply threats. Poor weather, shipping snarls, and soaring costs of fertilizers add to this price rise.…

• Origo Commodities Starts Purchasing Loose Agricultural Produce Stocks from Farmers

  Recently, Origo Commodities (an Agri fintech firm) has taken up an initiative to set up shops to buy loose stocks with growers at farmer procurement centers (FPCs) in coordination with farmer producers organizations (FPOs) and infrastructure firms.…

• SEBI Prohibits New Positions in Rapeseed & Mustard Trading

  SEBI, the commodity and stock market regulator, has cracked down on Rapeseed-Mustard trading on the NCDEX by prohibiting new positions in the contract beginning Friday. This follows the regulator's two-month prohibition on new positions in chana (gram).…

• Near Term Fundamental Outlook of Soybean / Soybean Oil & RM seed

  Soy oil: Global cues were somewhat positive yet edible oils finished on a subdued note. Buyers were still under influence of the recently announced duty cut in edible oils. The government on Saturday had reduced the custom duties in order to ease the retail prices.…

• Sugar Prices Increase Ahead of Festive Season

  On Friday, the prices of small grade sugar were in the range of Rs.3450 to Rs.3530 per quintal, while medium-grade sugar prices were between Rs.3580 and Rs.3750 per quintal…

• Guar Seed Likely to Bring Good Returns for Farmers & Processors

  It has been a long waiting period for growers as well as processors for guar seed. Market had been range bound and subdued since the past two years and the market situation has improved in the recent weeks only.…

• Soybean Prices Up More Than 20% in One Month –Is Further appreciation Still Possible?

  Soybean ended with news highs this Friday and the market has been trending upwards since the last few weeks. The August contract of NCDEX soybean closed near the 8600 mark. Just one month back, the contract was trading below 7000 – a noticeable price appreciation…

• Managing Price Risk in Agricultural Commodities through Hedging

  In previous articles we had discussed the types of risks associated with agricultural commodities, the concept of basis risk in commodities and how to manage it. Every year there are threats regarding chances of getting lower prices, or experiencing production losses. Therefore, it is understood…

• Weekly Outlook for Major Agricultural Commodity Derivatives

  Reviewing the weekly price behavior of the agricultural commodities, spices and guar complex markets traded with a softened tone at the beginning of the week followed by a moderate pull towards in the later half. Chana was range bound but downside was capped throughout the…

• What is Price Discovery Process in Agricultural Commodities?

  Commodity markets have been accepted as efficient price discovery systems globally. If the regulation is more flexible and more participants are aware of their functioning in India, then commodities can play a very important role. Constant efforts are being made by the regulator and exchanges…

• Global Chickpeas Market Likely To Show Moderate Growth In Next 4-5 Years

  Chickpeas come under pulses and also known as garbanzo beans. There are two distinct types of cultivated chickpea, namely Desi and Kabuli. The Desi type is grown in the Indian subcontinent while the Kabuli type is grown in West Asia and the Mediterranean region. .…

• Introduction to Basis Risk Management in Agricultural Commodities

  A commodity basis is simply the difference between a local cash price and the relevant futures contract price for a specific time period. One can define commodity basis for a specific commodity basis as: Basis = Cash Price - Futures Price…

• Agricultural Commodities: Significance of Stocking Limits, MSP, Import-Export & Credit Control Policies

  Minimum Support Price or MSP is the minimum price government fixes for items like rice, wheat etc. One should note that whenever a government organization purchases items from the farmers it has to be more than this price.…

• Global Chickpeas Remain Firm, Domestic Markets Ease Towards Weekend Session

  Prices in the major global trading centres of chickpeas remained firm in recent sessions amid seasonally light trading activity. There was concern regarding the production potential in North America and the possibility of import volume food grade products, which can happen from the region in…

• MCX Reduces Mentha Oil Trading Lot Size – Welcome Move for Industry Persons

  The contract specifications have been modified by the MCX in terms of reduction in the lot size from 6 drums to 2 drums, with effect from June 1st. This implies that trading can be done with a lower margin amount, June onwards. This also implies…

• Production, Transportation, Economics and Marketing of Major Agricultural Commodities: An Overview

  It is very important to understand the dynamics behind production of agricultural commodities, in addition to economics and marketing. These aspects will be used regularly in relating with fundamental analysis of agricultural commodities. Therefore understanding these aspects will make the fundamental analysis activity quite relevant…

• Understanding the Supply Chain System for Agricultural Commodities

  By definition a supply chain is a system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer. In a supply chain system, there is transformation of the natural resources, raw materials, and components into finished products…

• Understanding the basics of Futures trading in Agricultural Commodities

  Neelesh has been trading for the last 5 years in stocks and has been successful in fulfilling some of his short-term financial objectives and targets. Now he wants to diversify his portfolio further for creating a retirement corpus. He had heard about Agricultural commodity trading,…

• Domestic Chickpea Markets Likely to Maintain Firm Trend This Month

  Chana markets were able to sustain firm last week. Buying interest started emerging from major trade centers after few downward revisions, last to last week. The spot markets have turned fairly valued now and the market responded to this factor. The farmers are bringing in…

• Cumin Markets turn subdued: similar trend may continue this month

  Cumin market was somewhat firm during March, but market started falling thereafter. As lockdown restrictions increased against rising Covid cases, slowing spot trade interest weakened market sentiments and pushed prices lower.…

• Agri Commodities Finish Lower on Friday – Recovery Expected This Week

  Major agricultural commodity markets were firm during early part of the day but reports of better sowing of summer crops and subdued buying interest in major trade centers resulted longs to reduce their buy positions in futures later. Fresh selling was seen as spot markets…

• Soyameal export increases 51% during last fiscal

  Export comparison of Soya bean and its extract.…

• Prices of Agricultural Commodities to soften in H2 this year

  In 2021 two halves will be reached, with solid prices in the first half and lighter prices in the second half. The market reaction of the production is obvious.…

• West Bengal Elections 2021: Mamata Launches Meal Distribution Scheme at Rs 5

  On Monday, West Bengal Chief Minister Mamata Banerjee practically unveiled the ' Maa ' scheme in which her government will offer a healthy meal primarily to poor people at a nominal cost of Rs 5 before the assembly elections in the state. For Rs 5,…

• India’s Palm Oil Imports May Fall in February

  India’s palm oil imports from Malaysia may take a hit in the current month, considering the duty structure changes announced by the government in its annual budget presented on Feb. 1. India had slashed the basic import duty on crude palm oil (CPO) to 15%…

• Bird’s Eye View of Domestic & Overseas Mustard Markets

  Mustard markets in the country had traded with a positive tone during the entire week. The grades of NCDEX quality mustard seed have appreciated by nearly Rs.100-125/qtl over previous week. Markets were firm mainly because of gains in edible oils like Soya oil, Mustard oil…

• Prime Minister Formalization of Micro Food Processing Enterprises (PM FME)

  The Delhi State Industrial and Infrastructure Development Corporation (DSIIDC) has advertised for recruiting District Resource Persons from each of the 11 Districts’ in Delhi under the “Prime Minister Formalization of Micro Food Processing Enterprises (PM FME)” scheme. The Industries Department (Government of National Capital Territory…

• Bee-Saving Dogs: Dogs to Sniff Off ‘American Foulbrood in Beehives’

  A project backed by Ministry for Primary Industries (MPI) will seek to train dogs to sniff out the highly infectious bacterial disease American Foulbrood in beehives, aimed at saving the industry millions.…

• India’s Cumin Exports Remain Healthy despite Lower Price Levels

  Cuminprices have been moving lower since November month mainly due to reports of rise in sowing area and estimations of a reasonable quantity of inventory as against the current level of consumption. Markets have recovered after the month of April as the Pandemic problems started…

• Chickpeas/Chana markets down currently – where can prices go next year

  Chana reversed from its downward journey April onwards. Improving demand from millers and retailers were seen after the unlocking phase started. e domestic market participants remain optimistic about trading activity to improve during the first quarter of 2021 because the Ramazan season begins in April…

• Agrochemical industry – the backbone of Indian Agriculture

  Agriculture holds a prime importance in the socio-economic fabric of India and contributes to about seventeen percent of nation’s Gross Domestic Product (GDP). This sector employs around fifty percent of India’s work force.…