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STATE GRAINS BUYER
India, US to hold ministerial-level talks on bilateral trade pact this weekIn a significant development, India and the US are set to conclude the first phase of their trade agreement this week. Commerce Minister Pi...- What do China's new US farm purchases mean for global trade? | An explainerChina will purchase over $17 billion in US farm goods yearly for three years. This deal boosts agricultural trade significantly. Purchases ...
- Decoding govt’s wheat strategy: Can higher procurement push and export quota hike lift the sector?Experts say wheat procurement may be constrained by limited storage, while exports remain largely uncompetitive globally.
- Indian rice offered at lowest price in Bangladesh tender for 50,000 tonsIn a recent tender by Bangladesh's state grains buyer for 50,000 metric tons of rice, the lowest offer was $434.77 per metric ton CIF, quot...
- Brisk export orders stoke new season basmati rice prices in IndiaLast month's decision to cut a floor price for basmati rice exports to $950 a ton from $1,200 a ton has spurred a flurry of export contract...
- War forces grain and oil to travel record distances, UN saysThe grain shipments traveled much longer distances this year compared to any other year and oil cargoes also traveled the furthest since at...
- India's rice export curbs paralyse trade in Asia as prices riseIndia, the world's biggest exporter of the grain, banned shipments of broken rice and imposed a 20% duty on exports of various other types ...
- Egypt adds India as new wheat import originEgypt, often the world's top wheat importer, usually buys the grain via tenders set by its state grains buyer, the General Authority for Su...
- Bangladesh issues new tender to buy 50,000 tonnes wheat: TradersAn international tender has been issued by Bangladesh to acquire 50k tonnes of wheat according to the traders.
- How India's grain policies have stoked FCI's debt bingeFarmers say the new laws will shut the regulated wholesale markets they depend on to take their produce. But FCI has racked up huge debts f...
- Bangladesh tenders to buy 50,000 tonnes wheat: TradeBangladesh's state grains buyer issued an international tender to purchase 50,000 tonnes of milling wheat, traders said on Wednesday.
- Saudi Arabia says private sector to be allowed to import barleySaudi Arabia, one of the world's largest barley buyers, had said in 2018 it would bring the private sector back into the trade.
- Saudi Arabia's SAGO says buys 860,000 tonnes wheatThe wheat, which is of 12.5% protein, was purchased at an average price of $277.53 a tonne, SAGO said in a statement.
- Saudi Arabia's SAGO seeking 600,000 tonnes of hard wheat in tenderThe wheat is for a delivery period from February through to March, a SAGO statement said.
- Punjab tops in transporting food grains during lock downFood Corporation of India, the central agency which procures food grains for government and transports it to states, set a new record in si...
- Govt to sell wheat cheap in a bid to empty its silosNot impressed, millers say lower prices will not lure buyers as there is no demand right now.
- EGoM may decide on grain exports next weekFCI, the premier grain buyer and distributor for the government, has storage space capacity only 62 million tonne along with space owned by...
- Foodgrain Allocation vs offtake under TPDSA foodgrain overstocked Centre is likely to be stuck for longer with high holding costs for excess wheat and grain, with states refusing to...
- India Inc to stay away from wheat mandisMajor corporate buyers such as Adani, Noble Grain, AWB and Glencore have decided to exit wheat mandis this year due to government pressure ...
- New opportunities emerge in farm sectorNEW DELHI: THE government is all set to dismantle the present grain procurement system and considering income support for farmers, instead.
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