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SOYABEAN PRICE CRASH
‘Better to destroy than sell’: Onion tears flood Maharashtra, farmers' hopes dashedAs Maharashtra’s fields lie drenched and its granaries half-empty, the despair is palpable. For many farmers, the idea of profit has given ...
Heavy rains damage vegetable, pulses cropsHeavy rains in central and south India are expected to cause losses for farmers due to widespread damage to key kharif crops like urad, tur...
Election results in the onion belt increases hopes of industry and farmers for more farm friendly policies"Soyabean prices have been low as the crushing of our own crop was less due to higher imports of cooking oils. Low import duties and low pr...
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...
Potato prices slump 23% in 10 days; soya oil 6% costlierPrices of potato had soared this year and many traders had not offloaded the tuber in anticipation of further rise. They started releasing ...
Soyabean Prices crash by 50% in a monthThe sharp fall in prices has angered farmers across Maharashtra and Madhya Pradesh. Some farmers have started sharing soyabean price trends...
Guar, castor, tur prices fall on hopes of pre-monsoon showersTraders and companies said prices will correct further depending on monsoon arrival and planting.
Formula to determine import duty on agricultural products soonIf wholesale market price goes below that, import will be restricted by hiking the duty and export will be allowed.
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 ...
NCDEX seeks Sebi nod for relaunch of tur, chana, urad contractsTur and urad futures were banned in January 2007 owing to price volatility and irregularities, while chana was suspended last year after pr...
No effect of note ban on rabi sowing, prices of crops: Niti AayogIt further said that normally rabi sowing is completed on 88 per cent area by December 30 but this year it has been completed on more than ...
Cashless APMCs do wonders for soyaIndia is expected to produce 115 lakh tonnes soyabean in 2016-17 as versus 69.9 lakh tonnes in the previous year.
Traders offload banned notes by paying farmers, proceeds deposited in Jan Dhan accountsFarmers, especially those harvesting guar, cotton, soybean and jeera, say they don’t have much of a choice as traders offer only old notes,...
Soya traders bank on high yield for export boostTraders and processors expect prices to fall once the crop is harvested, as the current price of Rs 3,700 a quintal is unlikely to support ...
Farmers buying jewellery as they sell stored crops with pick-up in monsoonThe delay in monsoon rains had brought down rural demand for precious metals by 10% in the last one month, according to All India Gem Feder...
- Edible oil imports jump 19% on lower global price
Edible oil imports rise to 56 lakh tonnes during oil year Nov-2007-Oct-2008 as against 47 lakh tonnes last year.
- Contract defaults hammer edible oil price
The edible oil industry has come to a standstill after crude palm oil crashed to 50% of this year’s top price.
- What’s cooking? Cheaper edible oil for festivals
A week before festival season, cooking oil prices have plummeted to six-month lows as companies take a cue from global markets.
- US may chase big punters, making farm goods cheaper
The US government’s attempt to rein in index funds and mega punters in agriculture futures is striking fear in the hearts of Indian specula...
- Exports push maize up despite jump in output
Despite a jump in maize production estimates for year 2007-08, farmers have been able to realise good prices, mainly because of good export...