1. Home
  2. Market Intelligence
  3. Market News
Archive
Jan 14, 2025 News Image European demand lifts Indian soyameal exports in December.
Soyameal exports are up a tad during December at 2.77 lakh tonnes (lt) on higher demand from European buyers such as Germany and Netherlands. However, the offtake by the domestic livestock feed sector was flat at 5.5 lt, as per the latest estimates by the trade body Soyabean Processors Association of India (SOPA).
 Source:  thehindubusinessline.com
Jan 14, 2025 News Image Union Agriculture Minister Shri Shivaraj Singh Chouhan holds review meeting on Agri issues.
Union Minister for Agriculture, Farmers Welfare and Rural Development Shri Shivraj Singh Chouhan today held review meeting on Agriculture issues with the senior officials of the Agriculture Ministry. Several issues related to the farm produce, marketing of Agri products including the import and export of the produce and weather conditions figured in the review meeting. The Minister said, apart from he himself holding weekly meeting on the farm issues, he shall also periodically hold meetings with the State Governments at the Agriculture Ministers level. He wanted even the officials to consistently engage with the State Governments on these issues, as addressing the issues at ground level would require involvement of the State Governments officials.
 Source:  pib.gov.in
Jan 14, 2025 News Image Philippines: Rice import volume hits 4.8 million MT in 2024.
The government revised upward the country’s total rice import volume last year to nearly 4.8 million metric tons (MT) after the Bureau of Plant Industry (BPI) validated the rice shipment figures. Latest BPI data showed that total rice imports in 2024 reached a record-high of 4.78 million MT, about two percent higher than its initial figure of 4.684 million MT.
 Source:  philstar.com
Jan 14, 2025 News Image Nepal to consider request for import of certain dairy products from India: Commerce minister.
India has flagged concerns over the problems faced by its milk exporters in Nepal, with the neighbouring country agreeing to explore the possibility of facilitating imports of specific products like whey and cheese, an official statement said on Sunday. The matter came up for discussions during the meeting of the India-Nepal Inter-Governmental Committee (IGC) on Trade, Transit, and Cooperation to Combat Unauthorised Trade, which was held in Kathmandu from January 10-11.
 Source:  telegraphindia.com
Jan 14, 2025 News Image Governor Ravi bats for sustainable farming in organic way.
Tamil Nadu Governor R N Ravi urged farmers to embrace organic methods rather than utilising chemical fertilisers and pesticides to ensure sustainable farming practices. Addressing a Pongal celebration titled – Natural Farmers Pongal with Governor at Musiri Institute of Technology and College of Agriculture Technology (MIT-CAT) at Musiri in Trichy, on Saturday, Ravi emphasised the necessity of reverting to natural farming while abandoning chemical fertilisers.
 Source:  timesofindia.indiatimes.com
Jan 13, 2025 News Image Punjab to Boost Tomato Production and Paste Manufacturing: S. Ravneet Singh Bittu.
The Ministry of Food Processing Industries (GOI), Punjab Agricultural University (PAU), Punjab Agro Industries Corporation, and Hindustan Unilever Limited (HUL) are set to hold joint deliberations to enhance tomato production and paste manufacturing in Punjab. During his visit to the Hindustan Unilever plant in Rajpura, S. Ravneet Singh Bittu, Union Minister of State for Railways and Food Processing Industries, emphasized the need for collaboration among these stakeholders to enable Punjab farmers to grow tomatoes of international standards and subsequently produce tomato paste.
 Source:  pib.gov.in
Jan 13, 2025 News Image Crop diversification could lead to growth of FPOs in Punjab, Haryana.
Crop diversification will fuel the farmer producer organisation (FPO) movement in States such as Punjab and Haryana, former additional secretary PK Swain said on Friday. Participating in a panel discussion on ‘Challenges in Price Risk Management’, Swain said there was no scope for FPOs in Punjab and Haryana, where 96 per cent of the paddy grown by farmers is procured, while 80 per cent of the wheat is procured by the government. Basmati, another major crop grown by farmers in these States, is larely procured by the exporters.
 Source:  thehindubusinessline.com
Jan 13, 2025 News Image Bangladesh: 26935 MT of rice arrives at Chattogram port from India.
Another consignment of 26, 935 metric tonnes of Indian rice arrived at the country’s premier sea port Chattogram on Sunday morning. With this, the second consignment of rice came from India since the interim government took over the power in August last year.
 Source:  newagebd.net
Jan 13, 2025 News Image India-Nepal Inter-Governmental Committee meeting on trade transit and cooperation to combat unauthorised trade concludes in Kathmandu.
The India-Nepal Inter-Governmental Committee (IGC) on Trade, Transit, and Cooperation to Combat Unauthorised Trade was held in Kathmandu from January 10-11, 2025. Secretary, Department of Commerce, Government of India, Shri Sunil Barthwal led the Indian delegation which included senior officials from various Ministries and the Embassy of India in Kathmandu. The Nepali side was headed by Secretary, Ministry of Industry, Commerce and Supplies, Government of Nepal, Mr. Gobinda Bahadur Karkee, accompanied by representatives from different Nepali Ministries and Departments.
 Source:  pib.gov.in
Jan 13, 2025 News Image India’s rice stocks reach record high.
While its wheat stocks continue to drop, India’s rice stocks hit a record at the beginning of January, reaching eight times the government’s target, Reuters reported. Rice reserves totaled 60.9 million tonnes on Jan. 1, much higher than the target of 7.6 million tonnes.
 Source:  world-grain.com