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OIL SEEDS MSP
Consumers unlikely to see major impact on food prices over next 2-3 months: Consumer Affairs SecyThe government is closely monitoring the prices of essential food commodities. At present, prices have remained stable and largely range-bo...- GST gains eroded by Gulf war: Dabur CEO Mohit MalhotraDabur's CEO Mohit Malhotra says the West Asia war has impacted the gains from GST measures. The company is raising prices and acquiring dig...
- Costlier palm, soy oils push Indian consumers towards mustard oilIndia sees a shift towards mustard oil. Rising global prices of palm and soybean oils, influenced by the West Asia conflict and biofuel dem...
- Union Budget: Edible oil industry seeks higher customs duty to motivate farmersIndustry experts advocate for higher customs duty on imported edible oils to enhance domestic oil seed production. The Union Budget's alloc...
- Govt hikes wheat MSP by Rs 150 to Rs 2,275 per quintal for 2024-25The Indian government has increased the minimum support price (MSP) of wheat by Rs 150 to Rs 2,275 per quintal for the 2024-25 marketing se...
- Mustard seed prices fall below MSPHigh moisture in mustard due to unseasonal rainfall and cheaper import of other cooking oils like palm, soyabean and sunflower have dragged...
- Mustard farmers seek help as prices fall below MSPThis has prompted the edible oil industry to seek immediate steps to arrest the fall. The industry has suggested that government agencies l...
- MSP increases raise farm efficiencyPrice changes signalling a shift in the cropping pattern alone are not enough. With rising demand for superior foods, the country needs to ...
- Cotton industry is trying to poach farmers to increase acreage as farmers may opt for edible oils due to record pricesCotton prices have increased to more than Rs 7000 per quintal as against the minimum support price (MSP) of Rs 5825/quintal for long staple...
- Hike in MSP of crops likely to raise prices of pulses, oilseedsThe price of moong and chana whose MSP was hiked by 6.3% and 4.6%, respectively, rose slightly in major wholesale markets of Mumbai, Indore...
- Edible oils costly, but no benefit for farmersConsumers will have to pay 5-6% more for edible oils following the increase in import duty.
- Oilseed prices fall below MSP; farmers may shift to other cropsSoyabean, groundnut and sunflower are grown in kharif (July-October) season. The sowing operation has started with onset of monsoon, which ...
- Mustard oil prices may fall by 5%Mustard seed prices in Rajasthan and Haryana mandis had breached MSP and were at Rs 3,570 a quintal on Thursday.
- Explore use of GM seeds with adequate safeguards: Expert panelNITI Aayog has floated a set of ideas, including exploring use of genetically-modified seeds and minimum crop support price (MSP) reforms.
- Government hikes rabi pulses MSP by Rs 250/quintal; wheat by Rs 75/quintalFaced with high prices of pulses, the Centre hiked the support price to farmers for masoor and gram dals sharply by Rs 250 a quintal each.
- Upbeat on mustard seed in the short term, says Naveen Mathur, Angel BrokingThough short-term fundamentals remain supportive for the upside, higher sowing expectations may cap sharp gains.
- Minimum support price on food items up, may fan inflationThe government acknowledged that the move had the potential to fan food inflation but chose to give higher priority to farmer interest.
- Higher oil imports, falling seed prices pinch sunflower growersFarmers who have cultivated sunflower last summer to reap its seeds are in a piquant situation. Even as the oilseed harvest is nearly over,...
- Sliding prices may prompt govt to impose import duty on edible oilsThe edible oil industry, which has been campaigning for the last three months for imposition of import duties on crude edible oils to prote...
- NAFED lines up big plans to import edible oilThe National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) has decided to actively trade in imported edible oils after...
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