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May 19, 2025 News Image India climbs the Great Wall to emerge as world’s top rice producer.
This is another new normal from India. It has emerged as the world’s largest producer of rice, with its output in the 2024-25 season to June estimated at over 149 million tonnes (mt). India has been able to achieve this, thanks to the efforts of agricultural scientists and some States’ continued incentives for the paddy crop.
 Source:  thehindubusinessline.com
May 19, 2025 News Image Govt developing platform for online submission of documents in trade remedy probes.
The government is developing a digital platform to enable the electronic submission of documents in trade remedy investigations with a view to further promoting transparency, efficiency, and ease of access for all stakeholders, an official statement said on Saturday. These investigations are carried out by the commerce ministry's arm Directorate General of Trade Remedies (DGTR).
 Source:  economictimes.indiatimes.com
May 19, 2025 News Image India is now world’s fourth largest marine products exporter.
India is now the fourth largest exporter of marine products, commerce and industry ministry said, with 130 countries importing Indian marine products in FY25, as against 105 in 2014-15. In 2024-25, India exported 16.85 lakh metric tonnes (LMT) of marine products from 10.51 LMT in 2014-15. Backed by advancements in aquaculture practices, better cold chain infrastructure, and adherence to international quality norms, the country’s marine exports grew to $7.2 billion in 2024-25 from $5.4 billion in FY15.
 Source:  economictimes.indiatimes.com
May 19, 2025 News Image Pulses import value drops 23.5% to $314 million during April on fall in purchase of yellow peas, lentils.
After a record imports last fiscal, India’s overseas purchase of pulses are likely to slow down in the current year. In April 2025, the import value of pulses declined by 23.5 per cent on sharp fall in imports of yellow peas and lentils over the corresponding period last year. As per the Commerce Ministry’s quick estimates, the pulses imports in value terms declined to $314.4 million during April, over same period last year’s $411 million.
 Source:  thehindubusinessline.com
May 19, 2025 News Image Value-added products drive Heritage Foods profits in 2024-25.
Heritage Foods has registered its highest-ever quarterly revenues in the fourth quarter of 2024-25. It achieved Rs.1,000 crore revenue in the March quarter. Its annual revenues was also a record high. Brahmani Nara, Executive Director of Heritage Foods, said that the company registered a revenue of Rs.4,134.6 crore in the financial year 2024-25.
 Source:  thehindubusinessline.com
May 19, 2025 News Image Indian wheat procurement up 14%, near 30 million tonnes.
Wheat procurement in Punjab and Haryana concluded with lower volumes compared to last year. This decline is attributed to increased buying by private traders and processors, as well as farmers holding onto more grain. Farmers anticipate higher prices in the coming days and are also factoring in uncertainty related to the India-Pakistan conflict. Procurement will continue in other States.
 Source:  thehindubusinessline.com
May 16, 2025 News Image Come with documents, get licences in a day: FSSAI to startups.
The Food Safety and Standards Authority of India (FSSAI), which works under the Union Ministry of Health and Family Welfare, has assured food startups, including millet startups, that they could get licences in a day. 'The FSSAI is regulating and facilitating trade and offering advise to them, rather than enforce rules based on premises or other conditions,' Balu Naik, Deputy Director of FSSAI, has said.
 Source:  thehindubusinessline.com
May 16, 2025 News Image India presents a big opportunity for US sorghum exports.
As trade tensions with China resurface, U.S. sorghum producers are bracing for impact and also looking ahead to new opportunities. Amy France, chair of the board of directors with National Sorghum Producers, says the sorghum sector is once again facing trade pressures — challenges that feel familiar but come with a new level of financial stress for producers.
 Source:  realagriculture.com
May 16, 2025 News Image Total Exports (merchandise & services) during April 2025 are estimated at US$ 73.80 Billion, as compared to US$ 65.48 Billion during April 2024, an estimated growth of 12.70%.
India’s total exports (Merchandise and Services combined) for April 2025* is estimated at US$ 73.80 Billion, registering a positive growth of 12.70 percent vis-à-vis April 2024. Total imports (Merchandise and Services combined) for April 2025* is estimated at US$ 82.45 Billion, registering a positive growth of 15.72 percent vis-à-vis April 2024.
 Source:  pib.gov.in
May 16, 2025 News Image Vietnam forecast to become world’s second-largest rice importer by 2025–26.
Vietnam is projected to become the world’s second – largest rice importer in 2025-26, coming only after the Philippines, as the country must ramp up imports to meet export demand amid falls in domestic production, according to the latest World Agricultural Supply and Demand Estimates, released by the US Department of Agriculture (USDA). The USDA estimates that Vietnam will import four million tonnes of rice in 2024-25 and 4.1 million tonnes in 2025-2026, while the Philippines – a traditional buyer or Vietnamese rice – is expected to remain the world’s largest importer of rice with demand at around 5.5 million tonnes annually.
 Source:  en.vietnamplus.vn