News

  • FCI disposes of almost entire pulses stock of 2.98 lakh tonne

    FCI disposes of almost entire pulses stock of 2.98 lakh tonne State-run Food Corporation of India (FCI) has disposed of 2.97 lakh tonne of pulses, nearly the entire stock it procured in last two years, to various states and to bulk consumers, according to an official data. FCI had a

  • Pulses rates go below MSP.

    Pulses rates go below MSP. Rates of one more crop have gone below the minimum support price (MSP) level this year. After sluggish rates of cotton,the main crop of Vidarbha, left farmers here disappointed,prices of tur have also slid. Since beginning of harvest season in January, rates of tur,which is grown

  • India’s MSP programme for pulses under WTO lens

    India’s MSP programme for pulses under WTO lens India’s minimum support price (MSP) programme for pulses has come under greater scrutiny at the World Trade Organization (WTO) with the US, Canada and Australia serving it a formal counter-notification, alleging that the subsidy involved was much higher than the permitted cap.

  • Pulses, seeds still sluggish

    Pulses, seeds still sluggish The sluggish trend in pulse seeds and pulses continued amid increased arrivals of the new crop and rise in selling pressure of government stock, with masur (bold) quoted at ₹3,850 a quintal, while masur (medium) ruled at ₹3,600. Masur dal (medium) quoted at ₹4,750-4,850, while masur dal (bold) ruled

  • Despite record rice output, foodgrains production likely to fall 1 per cent: Government

    Despite record rice output, foodgrains production likely to fall 1 per cent: Government  India's foodgrains production is estimated to decline by one per cent to 281.37 million tonnes in 2018-19 despite record rice output, as the country is likely to harvest lower coarse cereals and pulses crops, the government said

  • Maharashtra govt seeks Centre’s nod for procurement of chana under MSP

    Maharashtra govt seeks Centre’s nod for procurement of chana under MSP The market committees instead have been told to create awareness among farmers and encourage them to opt for the pledge financing scheme that offers 75% advance to farmers at a low interest of 0.5%. After commencing procurement of tur

  • Pulses steady ahead of road bans, spring seeding

    Pulses steady ahead of road bans, spring seeding For pulses so far mid-winter there hasn’t been a great deal of movement price-wise, although there are two factors on the horizon that could generate some changes. Those factors being road restrictions and spring seeding, said Dale McManus of Johnston Grains in

  • Sluggish trend in chana continues

    Sluggish trend in chana continues The sluggish trend in chana and its dal continued, with availability trumping demand. Chana (kanta) quoted at ₹4,200-4,250 a quintal, while chana (desi) and chana (vishal) ruled at ₹4,100 a quintal each. Chana dal (medium) quoted at ₹5,200-5,300, while chana dal (bold) ruled at ₹5,400-5,500 a quintal respectively. Read

  • Maharashtra tur procurement to finally begin tomorrow

    Maharashtra tur procurement to finally begin tomorrow Maharashtra is all set to commence procurement of tur (arhar) from February 7 onwards, top officials of the Maharashtra State Cooperative Marketing Federation have said. The government has already issued directives for online registrations of farmers. Industry people, however, say the move has

  • Chana futures fall 0.53 % on muted demand

    Chana futures fall 0.53 % on muted demand Chana prices moved down 0.53 per cent to Rs 4,286 per quintal in futures trade Tuesday after participants reduced their exposure amid subdued demand at the spot market. At the National Commodity and Derivatives Exchange, chana for delivery in April was trading lower by Rs