Day: March 26, 2020

Avoid panic selling of areca when lockdown ends, stakeholders tell growers

Arecanut growers have been requested not to resort to panic providing when the industry opens just after the countrywide lockdown comes to an conclude.

Mahesh Puchhappady, Standard Secretary of the All India Areca Growers’ Affiliation, told BusinessLine that growers really should not flood the industry with the commodity just after the Governing administration lifts the lockdown. Any panic providing may perhaps guide to a crash in charges of the commodity.

Growers can release the commodity only to meet up with their fast monetary requirements, he explained.

Sources in Central Arecanut and Cocoa Internet marketing and Processing Cooperative (Campco) Ltd told

Read More

There is enough produce, supply chain is the problem, say suppliers

The provide of essentials such as groceries and veggies is set to simplicity little by little around the subsequent couple days as States have started out issuing passes for the motion of vehicles carrying food stuff goods.

States such as Karnataka, West Bengal and Delhi have started out issuing passes for vehicles and people today concerned in necessary companies considering that Wednesday. Gujarat has ordered APMCs in the State to resume auctions for agri-commodities which includes grains and pulses, whilst Karnataka has authorized grocers and supermarkets to continue to be open up 24 hours a day.

The 21-day nationwide lock-down

Read More

Covid-19 shutdown saps domestic rubber

Location rubber price ranges were being not accessible as sellers downed the shutters pursuing the lockdown to avoid the further more distribute of the coronavirus.

As for each studies, with virtually all business enterprise residences closed, the financial fall-out from the coronavirus pandemic will be felt considerably further than the instant effect of the virus.

In domestic futures, the April contracts weakened to ₹115.sixty nine (117.39) and May well to ₹116.59 (118.40) a kg on the Indian Commodity Exchange (ICEX). The April contracts were being down by one.forty five for each cent with a quantity of 278 plenty and full

Read More

Govt removes royalties on Bt cottonseeds

Indian seed firms producing Bt cotton seeds will no for a longer time have to pay out royalties to German agri and pharma huge Bayer as the federal government has decided to fully take away trait benefit on transgenic cottonseeds offered in the place.

In a notification issued on Tuesday, Agriculture Ministry explained there will not be any trait benefit from now on Bollgard-I and Bollgard-II hybrid cotton seeds offered in the place. Even though a 450-gm packet of Bollgard-I Bt cotton hybrid seeds would be priced at ₹635, the identical volume of Bollgard-II hybrid seeds would be obtainable for

Read More

Covid 19: Lockdown of mandis, a new challenge for farmers

With lockdown announced throughout states to regulate the distribute of Covid-19, mandis the place farmers provide their harvest have also been shut. Throughout the state, harvest in many crops like wheat, mustard, chana and coriander has commenced and farmers are sitting down on truckloads of grains and pulses.

In the Kharif period, quite a few farmers shed their soybean and other crops thanks to too much rains and had been ready for this Rabi harvest to spend back again their financial loans. But they are now going through a new problem: shut mandis and crashing charges. Even though originally, most

Read More