June 2022

India received 4.0 mm rainfall yesterday, 46% below the normal weighted average of 7.5 mm, according to data released by the India Meteorological Department. India has received 128.3 mm rainfall since Jun 1, 10% below the normal level of 141.8 mm for the period. Kharif acreage in Madhya Pradesh was down 54.7% on year at Read More

The National Agricultural Cooperative Marketing Federation of India is likely to miss its tur procurement target for the year ending in September, under the price stabilisation fund scheme, an official with the agency said. India received 4.7 mm rainfall, 33% below the normal weighted average of 7.0 mm, according to data released by the India Read More

India received 8.1 mm rainfall in the week ended yesterday, 19% above the normal of 6.8 mm for the period, data released by the India Meteorological Department showed. India has received 105.8 mm rainfall since Jun 1, which is adequate. Even before members of the Monetary Policy Committee convened on Jun 6, Reserve Bank of Read More

The southwest monsoon has advanced to most parts of Madhya Pradesh, Bihar and Jharkhand, the India Meteorological Department said. The Cotton Association of India has revised downward its production estimate for the 2021-22 (Oct-Sep) marketing season to 31.5 mln bales (1 bale = 170 kg), from 32.4 mln bales projected a month ago, it said Read More

The Union Cabinet approved 4.4-8.9% hike in minimum support price of key kharif crops for 2022-23 marketing season. India received 1.3 mm rainfall, 68% below the long period average of 4.1 mm, according to the India Meteorological Department. The India Sugar Mills Association has revised upwards the country’s sugar output estimate for 2021-22 (Oct-Sep) season Read More

Turmeric prices are under pressure on large arrivals followed by limited demand. Demand for new turmeric crop has failed to pick up as expected and demand from overseas market is also reported bleak. Turmeric arrivals across the country was higher during March at 136,424 tonnes, which is three times higher than March 2016 arrivals.

Such revision is applicable in respect of all claims settled out of Trust, wherein settlement is done post the date of revision of such limits Agri-commodity bourse NCDEX on Tuesday said it has increased the maximum compensation limit from its investor protection fund to Rs 5 lakh from Rs 2.5 lakh earlier with effect from Read More

Gujarat has bought 558,636 tn of chana worth 29.22 bln rupees over the last 90 days. The quantity is higher than the amount that was initially proposed due to lower market prices, Raghavji Patel, minister of agriculture, Gujarat, said in an official statement. The southwest monsoon has covered more of the central Arabian Sea, entire Read More