Day: July 12, 2020

Cotton trade body alleges USDA to issue misleading stock figures

Cotton trade system Cotton Affiliation of India (CAI) has lifted significant objection about the US Division of Agriculture’s (USDA) evaluation of India’s cotton inventory positions alleging a deceptive portrayal of India’s cotton current market in the global current market.

In its India-particular Cotton and Merchandise update for June 2020, the USDA has estimated a cotton carryover inventory of 19.eight million US bales (each individual of 480-lb) as on July 2020. This operates out to an equivalent to about 244 lakh bales (of one hundred seventy kgs each individual). The CAI termed it ‘astronomically high’ determine from the reality.

“The carryover

Read More

Pulses, oilseeds push up kharif area

Favourable problems have aided farmers to full planting in 55 per cent of the normal kharif cropping area in a document time and the area included till Friday was forty four per cent much more than that was sown in the corresponding week past 12 months, at 580 lakh hectares (lh), according to kharif sowing knowledge introduced by Agriculture Ministry, listed here. The area planted in the exact week past 12 months was 402.6 lh.

Aiding farmers plant much more this time was because of to better monsoon – each in phrases of coverage and quantum as nicely as snug

Read More

Maharashtra’s farmers suffer another blow as soyabean crop fails

Tomato farmers in Maharashtra who had shifted to soyabean just after dropping their tomato crop in May due to a virus attack, now experience a second blow as their soyabean planting has been unproductive due to faulty seed content.

Farmer Suresh Navale from Unchkhadak village in Akole taluka, Ahmednagar district instructed BusinessLine farmers in the district shifted to soyabean just after the substantial virus attack in May. Even so, that crop has also experienced due to lousy good quality seeds.

As opposed to other districts, Ahmednagar is agriculturally additional advanced, with big areas less than crops these types of as

Read More

‘We need to cut down on the use of land, water and fertilisers’

“Soil sciences was a promising region when I entered (the discipline) in the late sixties and remains just so and not well-known as we get into the 2020s. But the bestowing of the Entire world Food items Prize for my function is a clear recognition of its essential purpose in agriculture,” suggests Rattan Lal, winner of the 2020 award.

In a way, the $250,000-award, viewed as the Nobel Prize for Agriculture, is the crowning glory for the seventy five-year-outdated Indian-American soil scientist, who hails from Haryana. It follows the prestigious Entire world Agriculture Prize (2019) and the Japan Prize (2018)

Read More

CTTA H1 auction earnings drop 15%

Tea producers and traders who operated by the auctions of Coonoor Tea Trade Affiliation (CTTA) have dropped fourteen.eighty four for each cent in the initial 50 % of current calendar (H1) as compared to the similar period the past yr. This occurred because a total of 26 lakh kg tea was not offered in spite of the producers slashing the selling price by ₹5.ninety one for each kg, reveals our investigation of the Current market Experiences. Till June end, a total of 2.51 crore kg was offered as in opposition to 2.77 crore kg during Jan-June 2019. The cancellation of

Read More