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Wheat sowing area marginally down at 299.33 lakh hectares

NEW DELHI: Wheat acreage has declined by about two per cent to 299.33 lakh hectares so far in the current rabi season, according to official data. Area under coverage for coarse cereals, pulses and oilseeds is also down in the winter sowing season compared to the year-ago period. "Wheat's sowing area is at 299.33 lakh hectares as compared to last year's 304.25 lakh hectares," an official release said today. Area under sowing of coarse cereals stood at 52.60 lakh hectares compared to 57.17 lakh hectares in the year-ago period. Pulses acreage also fell to 131.34 lakh hectares against 145.86 lakh hectares in the corresponding...

Last Updated: Friday, 9th January, 2015 05:11 PM Visits 460

Farmers hope cotton purchase to go up after Makar Sankranti

PUNE: Even as one of the biggest government procurement operations of cotton in recent times is underway in the country, arrivals of the fibre crop are likely to increase substantially after Makar Sankranti, especially in central and south India. Farmers, who are still holding the fibre crop, hoping the prices to improve, are expected to take out their produce to the market in January and February. Trade sources said the country has exported 25 lakh bales so far in the current season, mainly to Bangladesh, Pakistan and Vietnam. BS Rajpal, managing director, Aurangabad-based Manjeet Cotton, said: "Farmers across the country believe that they get...

Last Updated: Friday, 9th January, 2015 05:32 PM Visits 413

Cotton Corporation of India procures 41 lakh bales of cotton at MSP

NEW DELHI: State-run Cotton Corporation of India (CCI) has procured 41 lakh bales of cotton so far this year at the minimum support price (MSP) from key growing states like Andhra Pradesh and Maharashtra. The CCI started the procurement operation at the support price from October 2014 to protect farmers from sharp decline in domestic prices in view of expected higher production. "Cotton procurement has reached 41 lakh bales of 170 kg each so far this year. Maximum procurement was from Andhra Pradesh and Telangana, followed by Maharasthra," a senior Textile Ministry official told PTI. About 27 lakh bales of cotton have...

Last Updated: Friday, 9th January, 2015 05:31 PM Visits 516

Fat profile of canola oil, India’s new & healthy kitchen staple, ideal

There’s a new cooking oil in India today that enhances well-being and cooking: canola oil. It’s one of the healthiest, most versatile and best values for quality of all oils in the marketplace. With an ideal fat profile, high heat tolerance, neutral taste, and light texture and colour, canola oil is perfect for everyday use in just about any culinary application – from salad dressings, sauces and marinades to baking, sautéing and deep-frying. Plus, canola oil enhances the flavours of ingredients key to cuisines all over the world.   Health Advantages Not all fats are created equally. In fact, the type of...

Last Updated: Thursday, 8th January, 2015 05:33 PM Visits 679

India's wheat stocks three times target

India had 25.1 million tonnes of wheat in government warehouses as of January 1, sources said on Thursday, more than three times the target, potentially making it easier for the Government to allow exports to cash in on attractive global prices. Bumper harvests since 2007 have led to huge stockpiles of rice and wheat with the government, which buys from farmers to meet emergencies and run welfare programmes. India's milled rice inventory at the beginning of January was 11.7 million tonnes against a target of 11.8 million tonnes. Government's rice inventory target is for paddy or unmilled rice. India in 2011 lifted a...

Last Updated: Thursday, 8th January, 2015 05:32 PM Visits 503

Farmers under crop insurance cover in Assam

As much as 11,477.362 hectares of land involving 21,660 farmers have been covered under the Weather-Based Crop Insurance Scheme (WBCIS) in 27 districts of Assam for the 2014 Kharif season. The crops insured include both agricultural and horticultural crops like sali paddy, jute, black gram, green gram, ginger, turmeric, lady's finger etc - grown between June and September, 2014 - an agriculture department release said. The total premium amount collected under the scheme for the season so far was about Rs 46.82 crore. While 50 per cent of this amount was paid by the farmers, the remaining 50 per cent was given by...

Last Updated: Wednesday, 7th January, 2015 05:30 PM Visits 884

Tur growers seek 30% import duty on pulses

A section of growers have urged the government to levy a 30 per cent Customs duty on pulses as cheaper imports are hindering them from getting remunerative prices for their produce. In a letter to Prime Minister Narendra Modi, the Karnataka Pradesh Red Gram Growers Association has asked for a sustainable policy for pulses to protect farmers' interest while also being consumer friendly. Basavaraj Ingin, President of the Karnataka Pradesh Red Gram Growers Association, suggested that the Government impose a duty of 30 per cent in the forthcoming Budget to curb cheaper imports of pulses. Imposing duty would also curb the foreign...

Last Updated: Tuesday, 6th January, 2015 02:36 PM Visits 467

Cool weather, rain boost bumper wheat crop hopes

Farmers keen on wheat as it provides stable returns; yeild could surpass last year's 95.9 million tonnes  Cool weather and rainfall over the past few days has triggered hope for a higher yield of wheat this year. if the weather holds, the crops this year — being cultivated over an area of a size similar to last year — could surpass last year’s 95.9 million tonnes (mt). The rainfall has been helping natural irrigation and the cool weather is ideal for higher tiller age — the number of branches on a wheat plant. Since the monsoon was below normal, moisture content in the soil is lower. Rain could...

Last Updated: Tuesday, 6th January, 2015 02:35 PM Visits 444