• Tur and chana farmers in Maharashtra to get Rs 480-crore grant

    Tur and chana farmers in Maharashtra to get Rs 480-crore grant The Maharashtra government has decided to give a grant of Rs 480 crore to Chana and Tur farmers who had registered under the government’s procurement scheme last season but their produce was not procured. The government has decided to give an endowment of `1,000 per quintal. Farmers shall receive grants for a maximum of 2 hectares. The Maharashtra State Cooperative Marketing Federation has been given the responsibility of ensuring that the grants reach the farmers, senior officials said. Read More


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  • Pulses, beans imported into India safe for consumption: FSSAI

    Pulses, beans imported into India safe for consumption: FSSAI Pulses and beans imported into India are safe for consumption with no presence of glyphosate, the country’s top food regulator said putting to rest concerns about contamination of these commodities with harmful toxins. “There is no concern regarding the the presence of glyphosate in these commodities. This is based on results of testing of these products over over the past one month,” the Food Safety and Standards Authority of India (FSSAI) said in a statement on Thursday. Read More  


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  • Drought seen impacting kharif pulses

    Drought seen impacting kharif pulses After languishing for almost two years, the prices of pulses such as tur/arhar and urad have rebounded over the past few weeks as production has been impacted by scanty rains in the key growing regions of Maharashtra, Karnataka, Andhra Pradesh and Gujarat. Over the past two-three weeks, the prices of tur, moong, gram and urad have risen by 10-20 per cent in various markets such as Kalburgi, Akola and Indore, among others. Read More


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  • Chana up in futures trade on spot demand

    Chana up in futures trade on spot demand Chana prices spurted by 1.48 per cent to Rs 4,648 per quintal in futures trade Thursday after speculators widened their bets, driven by strong demand from dal mills in spot market. At the National Commodity and Derivatives Exchange, chana for delivery in November jumped Rs 68, or 1.48 per cent, to Rs 4,648 per quintal with an open interst of 2,970 lots. Read More


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  • Rising demand lifts chana futures by 0.40 per cent

    Rising demand lifts chana futures by 0.40 per cent Chana prices went up by 0.40 per cent to Rs 4,051 per quintal in futures trade Thursday as participants expanded positions, driven by rising demand in the spot market. At the National Commodity and Derivatives Exchange, chana for delivery in December was trading higher by Rs 16, or 0.40 per cent, to Rs 4,051 per quintal with an open interest of 35,600 lots. Read More


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  • Imported pulses to be tested for glyphosate contamination

    Imported pulses to be tested for glyphosate contamination In order to address a lacunae in food-safety regulations, the Food Safety and Standards Authority of India (FSSAI) has directed its imports division to test glyphosate levels in imported pulses in line with global standards. Noting that the Maximum Residue Limit (MRL) for glyphosate in pulses has not been specified in regulations in India, it has said that MRL specified in Codex standards should be taken into consideration while giving import clearances. The recent FSSAI order assumed significance as a US court on Monday upheld that glyphosate was a potential carcinogen. Refusing to entertain a fresh trial sought by Monsanto (now owned by Bayer), a superior San Francisco court upheld a jury trial awarding compensation to a former school groundskeeper, who claimed that spraying of glyphosate caused him cancer. The court, however, reduced the punitive award to him substantially. Read More


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  • Poor inflows lift pulses

    Poor inflows lift pulses Most of the pulses and pulse seeds edged up at the mandis in Indore amid weak arrivals. On Friday, moong (bold) new ruled at ₹5,500-5,700 a quintal, while moong (medium) new was ₹4,500-5,100. Urad (bold) new fetched ₹4,500-4,600, while urad (medium) new ruled at ₹3,600-4,000. Masur traded lower on sluggish demand with masur (bold) at ₹3,650, while masur (medium) ruled at ₹3,375-3,400 a quintal respectively. Masur dal (medium) was at ₹4,900-4,950, while masur dal (bold) went for ₹5,100-5,200. Read More


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  • Chana futures soften by 0.10 pc as traders trim position

    Chana futures soften by 0.10 pc as traders trim position Chana prices eased by 0.10 per cent to Rs 4,156 per quintal in futures trade Friday as speculators reduced their exposure. At the National Commodity and Derivatives Exchange, chana for delivery in December fell by Rs 4, or 0.10 per cent, to Rs 4,156 per quintal, with an open interest of 11,580 lots. The commodity for delivery in November declined by Rs 2, or 0.05 per cent, to Rs 4,130 per quintal with trading open interest of 43,530 lots. Read More


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  • Chana futures gain 0.96% on strong demand

    Chana futures gain 0.96% on strong demand Chana prices went up by 0.96 per cent to Rs 4,212 per quintal in futures trade Monday, as participants enlarged their positions, tracking a firm trend at the spot market on surging demand. At the National Commodity and Derivatives Exchange, chana for delivery in October rose by Rs 40, or 0.96 per cent, to Rs 4,212 per quintal with an open interest of 1,650 lots. Read More


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  • Procurement at MSP will surge under PM-AASHA, but won’t fuel inflation

    Procurement at MSP will surge under PM-AASHA, but won’t fuel inflation The Centre’s procurement of oilseeds and pulses this year is expected to reach record levels, thanks to the new scheme PM-AASHA (Pradhan Mantri Annadata Aay Sanrakshan Abhiyan). While nutri cereals or millets (maize, bajra, jowar and ragi) will be procured under the regular MSP operations of the Food Corporation of India, procurement of oilseeds will be through the PDPS (Price Deficiency Payment Scheme) scheme or PSS (Price Support Scheme) whichever the State opts for and procurement of pulses will be through PSS. Further, the Private Procurement & Stockist Scheme (PPPS) will also be working in select eight districts of the country for procurement of oilseeds on a pilot basis. Read More


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