Reuters – Milk prices in India could soon hit an all-time high, forcing the world’s biggest producer to step up imports to boost supplies and ease cost of living pressures. Farmers are wrestling with a double whammy: a lethal cattle condition called lumpy skin disease and a drawdown in market-ready cattle stock after pandemic conditions
India milk imports soar as disease hits local cattle
India jumps bulk consumer wheat quota
Reuters – India will provide three million tonnes of wheat to bulk consumers such as flour millers. The move is part of efforts to bring down prices, which jumped to a record high Jan. 25, a government official told Reuters. The allocation is more than traders’ expectations of around two million tonnes. The market waited
India set to offer wheat to processors to tame prices
Reuters – India is set to offer two to three million tonnes of wheat to bulk consumers such as flour millers and biscuit makers as part of efforts to cool record high prices, two government sources said, even as state reserves have dropped to the lowest in six years. Wheat prices have surged in India
India gives environmental approval for gene-modified mustard
Reuters – India has granted environmental clearance for genetically modified (GM) mustard seeds, experts said Oct. 27. It paves the way for commercial use of the country’s first GM food crop. The world’s biggest importer of edible oils, on which it spends tens of billions of dollars a year, India fills more than 70 per
India expects normal monsoon rains
Reuters – India will likely see normal monsoon rains in 2022, the state-run weather office said May 31. A spell of good rains could lift farm and wider economic growth and keep a lid on inflation, which jumped to an eight-year high in April. India is likely to see rainfall at 103 per cent of
India bans wheat exports as heat wave hurts crop, domestic prices soar
Ban could push global wheat prices to new peaks
Mumbai | Reuters — India banned wheat exports on Saturday days after saying it was targeting record shipments this year, as a scorching heat wave curtailed output and domestic prices hit a record high. The government said it would still allow exports backed by already issued letters of credit and to countries that request supplies
India sells record 1.4 million tonnes of wheat in April
Sales surge on unavailability of Black Sea supplies
New Delhi | Reuters — India exported a record 1.4 million tonnes of wheat in April, four trade sources said, providing some relief to grain markets as buyers scramble for alternatives to Black Sea supplies hit hard by the war in Ukraine. April is the first month of the fiscal year. India, the world’s second
Heat wave threatens India’s wheat output, export plans
Thin supplies, rising prices indicate lower output
New Delhi | Reuters — India’s wheat output looks likely to fall in 2022 after five consecutive years of record harvests, as a sharp, sudden rise in temperatures in mid-March cut crop yields in the world’s second-biggest producer of the grain. The drop could curb Indian exports of the staple. Cashing in on a rally
Record wheat crop, high stocks to help India meet rising export demand
New Delhi | Reuters — Bumper harvests and overflowing grain bins will help India to meet wheat import needs of the world’s top buyers as Russia’s Ukraine invasion hits supplies from the Black Sea region, a top government official said. India, the world’s second biggest wheat producer, is prepared to meet any extra demand for
Egyptian delegation to visit India to discuss wheat imports
New Delhi | Reuters — A delegation from Egypt will visit India in the first week of April to facilitate wheat imports as part of efforts to secure supplies and tide over shortages at one of the world’s biggest importers of the staple, Indian government sources said. Egypt, often the world’s biggest wheat importer, is
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