Cabinet Approves Hike in MSP for Copra by More than Rs.2000 per quintal for 2019 Season
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval for increase in the Minimum Support Price (MSP) for Fair Average Quality (FAQ) of "Milling Copra" has been increased to Rs.9521/- per quintal for 2019 season from Rs. 7511/-per quintal in 2018 and the MSP of "Ball Copra" has been increased to Rs.9920/- per quintal for 2019 season from Rs. 7750/- per quintal in 2018.
Tamil Nadu Allowed to Procure 4,625 tonnes of Green Gram
The Centre has permitted the Tamil Nadu State government to procure 4,625 tonnes of green gram from farmers.
Valanthakkad pokkali rice to hit market
The Valanthakkad brand of pokkali rice will hit the market by the end of this year.
Govt to link new procurement mechanism with states
The Centre is likely to link a new procurement mechanism - which is being fine-tuned for final approval - with the states’ efforts to go for agricultural market reforms.
Scope for Indian Oilseed Meal, Cotton, Maize
According to companies and traders, the trade war between the US and China could provide opportunities for Indian oilseed meal, cotton and maize producers in the Asian country’s market.
Grape Exports Set to Cross Last Year's Figure
According to exporters, India has exported around 85,000 tonne grapes to Europe this season till date and is likely to cross last year’s shipment of 1.08 lakh tonne
Due to Retailers' Buying, Chilli and Coriander Rise
At the wholesale kirana market in the national capital, Chilli and coriander prices rose by Rs 100 per quintal in view of increased buying by retailers and stockists amid low stocks. Furthermore, fall in supplies from producing regions also supported the upside.
Onion Prices Hitting Two Year Highs
In wholesale mandis across major producing regions in Maharashtra, steady decline in last year's inventory has seen onion prices hitting two-year highs. The price increase spilled over from Maharashtra to other regions across the country.
Farmers Expecting Good Prices for Basmati.
Farmers growing aromatic paddy varieties are expecting the CSR-30 basmati variety to fetch good returns this year, after getting good prices for the Pusa-1121 and Pusa-1509 varieties.
Telangana govt opened purchase centres for black gram
Telangana Government has decided to go for market intervention with the help of the Centre, in a move to stabilise the falling prices of black gram in the open market, by taking up procurement of the pulse-crop at 14 purchase centres under the minimum support price (MSP) operations scheme.
Mini-supermarket project for Kudumbasree farmers
The Kudumbasree Poverty Eradication Mission, Wayanad, has joined with Brahmagiri Development Society (BDS), a people’s initiative in animal husbandry and agriculture sectors in the district, to launch farmers’ mini- supermarket project to market the entire range of products being produced by Kudumbasree units.
Agriculture exports decline to $33.87 billion in FY17
Parliament was informed that, from $43.23 billion in 2013-14, India's agricultural exports have declined to $33.87 billion in 2016-17.
State government to promote Goan agricultural produce under state brand
Focusing on achieving Prime Minister Narendra Modi’s mission of doubling the farmers’ income by 2022, the State government announced it would promote Goan agricultural produce under the State brand called ‘BIG – Born in Goa’.
GST Council cuts tax rate on fertilizer to 5 percent
The all powerful GST Council reduced the tax rate on fertiliser to 5 per cent from previously decided 12 per cent.
Prices of Foodgrains, milk, veggies to be 5% cheaper under GST
Once the Goods and Services Tax is rolled out foodgrains, flour, milk, vegetables and fruits will get cheaper by up to 5 per cent.
'Made in India' Israeli Oranges to Arrive in Market Soon
The 'Made in India' version of high quality Israeli oranges will soon arrive in the Indian market. The Indo-Israel centre for citrus plants in Kota has developed breeds of high yielding Israeli oranges with more shelf life.
Ginger Farmers Earning Good Prices Through Online Trade
Thousands of farmers have registered with e- NAM (electronic-National Agriculture Market), a pan-India electronic portal launched by the Centre, to sell ginger and potatoes that opened in Kunduli weekly market.
Rise in demand for Karnataka Mangoes from Australia, US
After West Asia and Europe, Australia and USA have been emerging as the new market for mangoes grown in the state.
Iffco will open an e-bazaar at Kunduli haat in Koraput
To bring the farmers under the digital platform and to ensure that they never run short of fertilisers, the Indian Farmers Fertiliser Cooperative Limited (Iffco) will open an e-bazaar at Kunduli haat (weekly market) under Pottangi block in the Koraput district.
E-name gives a new face to the vegetable market in Solan
Today, Farmers can log in to the e-NAM website, access real-time wholesale rates across the country and choose their buyer, completely bypassing the agents.
Agriculture Business Centre will be Soon in Tamil Nadu.
To assist farmers in finding potential markets and eliminate middlemen in selling agri-produces, Agriculture Business Centre will be soon set up in 10 districts in the Tamil Nadu.
Maharashtra Ranks First in Agricultural Marketing & Farm Friendly Reforms Index.
Maharashtra tops in implementing agricultural reforms and offers the best environment for doing agri business, according to an assessment carried out by NITI Aayog.
Agri Market News : Small Onions Will Get Around Rs. 21-23per kg During May- June, 2016
Small onions/Shallots are originated from Central and South East Asia and used asone of the regular
vegetable ingredient in food preparation of South Indian cuisine. The major small onion growing states are Tamil Nadu,
Karnataka and Andhra Pradesh.
Agri Market News: Dry Chilli will Get Rs.12,500-13,000 per Quintal During April-June 2016.
India is the largest producer, consumer and exporter of spices globally. Chilli was cultivated in 7.75
lakh hectares with a production of 14.9 lakh tonnes in India during 2014-15 which was 9 per cent
higher than the previous year. India has also exported 3.47 lakh tonnes of chillies in 2014-15.
Agri Market News : Cumbu will Get Rs.2100-2300 per Quintal during April – May 2016.
Cumbu is the second most important nutritious millet cultivated mostly in dryland areas. Rajasthan,
Maharashtra, Haryana, Gujarat and Uttar Pradesh are Major Cumbu producing states in India. Tamil
Nadu is the first in cumbu productivity in the country.
Agri Market News : Turmeric Prices will increase During March- April 2016
Turmeric Prices will Cheer the Farmers. In India, turmeric is cultivated in an area of 0.18 million hectares. Telangana,
Andhra Pradesh, Tamil Nadu, Odisha, Maharashtra, Karnataka and West Bengal are the major turmeric producing States contributing
85 per cent of total turmeric production of the country.
Agriculture Market News : According to Analysis, Maize prices to hover around MSP
Maize is one of the most widely distributed crops of the world. It is known as queen of cereals
because it has the highest genetic yield potential among the cereals.
Agriculture Market News : Tea Exports Increase by 7.25%
Tea exports have increased by 7.25% and 4.2% increase in terms of value during 2015-16 (April-October) as compared to the corresponding period last year.
According to Tea Board data, increase of tea exports has been seen in major tea-importing countries like Germany, Poland, UAE, Iran, Russia, United Kingdom, Netherlands, Bangladesh and Pakistan.
Agriculture Market News: Procurement of cotton and onion.
The Thuraiyur Regulated Market was procure cotton and onions directly from farmers from the first week of
Agriculture Market News : India's annual onion output would set a new record
According to National Horticultural Research and Development Foundation (NHRDF), total acreage under rabi
season crop would increase by 15-20 per cent this year.
Agriculture Market News:Due to seasonal demand Garlic prices shoot up 40%
Due to lower production, Garlic prices have jumped by 40% in the last three months. Data compiled by National
Horticulture Board (NHB) showed garlic price increase to Rs 82 a kg in the wholesale markets in December, as
compared to Rs 59 a kg in September.
Agriculture Market News: Foodgrain Output Revival will Unlikely in New Year.
Battling two extremes of drought and unseasonal rains in various states, the foodgrain output is likely to decline for the second straight year in 2016. The lower farm output also led to a sharp jump in prices of key kitchen food items like pulses, onions, tomatoes and mustard oil in 2015.
Agriculture Market News : To Market Agri Produce, Amul Marketing Model May Be Adopted
New Delhi: For marketing agricultural produce the government may use the cooperative milk marketing template
of dairy products maker Amul, as it aims to cut out the middlemen and ensure higher remuneration for farmers.
This could be done by incentivising private players to work as integrators of fruits and vegetables, told a
senior official at Niti Aayog.
Agriculture Market News : Due to Crop Damage Tomato Prices are High
Tomato prices have risen eight times from the last three months and could require government intervention like those that brought the prices of onions and pulses under control.In November, tomato prices have firmed up 30 per cent on reports of crop damage in Maharashtra, Gujarat, Rajasthan and Karnataka.
Agriculture Market News : Lack of Production may Increases Pulses Prices
Pulses price may increase again owing to the lack of focus on increasing production from local sources amid rising demand. According to a recent study done by Kotak Institutional Equities, only 2.69 million hectares (12 per cent) of the total sowing area of 22.26 million hectares are under irrigation.