Home
|
Sitemap
|
FAQs
|
Contact Us
Product
Country
Menu
About Agri Exchange
Introduction
Apeda Agri Exchange
The Vision
Benefits / Facilities
To Exporters
To Buyers
Product Profile
Floriculture
Floriculture
Fruits & Vegetables Seeds
Fresh fruits & Vegetables
Fresh Onion
Other Fresh Vegetables
Walnuts
Fresh Mangoes
Fresh Grapes
Other Fresh Fruits
Others (Betel Leaves & Nuts)
Processed Fruits & Vegetables
Cucumber and Gherkins (Prepd. & Presvd.)
Processed Vegetables
Mango Pulp
Processed Fruits,Juices & Nuts
Pulses
Animal Products
Buffalo Meat
Sheep/ Goat Meat
Other Meat
Processed Meat
Animal Casing
Poultry Products
Dairy Products
Natural Honey
Caseins
Albumin (Eggs & Milk)
Other Processed Foods
Groundnuts
Guar Gum
Jaggery & confectionery
Cocoa Products
Cereal Preparation
Milled Products
Alcoholic Beverages
Miscellaneous Preperations
Cereals
Basmati Rice
Non Basmati Rice
Wheat
Maize
Other Cereals
Country Profile
United Arab Emirates
Saudi Arabia
Malaysia
Bangladesh
United States
Vietnam
Kuwait
Iran
United Kingdom
Indonesia
...View more country profiles
FTA's
Analytical Report on FTAs
Tariff Concession under FTAs
Statistics
International Trade
India's Export
India's Import
Production
International Production
India Production
Market Intelligence
e-Bulletin
Global Analytical Report
India's Export Analytical Report
Comparative Report On APEDA Products
Comparative Report On Principal Commodities
Import Tariffs
Import Regulations
SPS Notifications
DGFT : Public Notice, Notifications, Circular and Trade Notice
India Food Safety & Standards
Market Reports
Foreign Trade Policy 2023
Chapter 01 - Legal Framework and Trade Facilitation
Chapter 02 - General Provisions Regarding Imports and Exports
Chapter 03 - Developing Districts as Export Hubs
Chapter 04 - Duty Exemption Remission Schemes
Chapter 05 - Export Promotion Capital Goods (EPCG) Scheme
Chapter 06 - Export Oriented Units (EOUs), Electronics Hardware Technology Parks (EHTPs), Software Technology Parks (STPs) and Bio-Technology Parks (BTPs)
Chapter 07 - Deemed Exports
Chapter 08 - Quality Complaints and Trade Disputes
Chapter 09 - Promoting Cross Border Trade in Digital Economy
Chapter 10 - Scomet: Special Chemicals, Organisms, Materials, Equipment and Technologies
Chapter 11 - Definitions
Newsletters
Latest News
Latest Newsletter
Archives
Directory
Exporters
Service Providers
Logistics
Trade Leads
Submit New lead
Buy Leads
Sell Leads
Indian Mission Login
Market News
India’s lentils output may rise on higher yield, says trade.
Dec 19, 2023
The production of masur (lentils) will likely increase this crop year (July 2023-June 2024) with favourable weather supporting the crop despite the acreage trailing marginally till mid-December compared with the year-ago period.
The India Pulse and Grains Association (IPGA), in its latest market update, said the forthcoming domestic masur crop is projected to have higher yields due to favourable weather conditions in Madhya Pradesh and Uttar Pradesh, the key producing States. The upcoming crop period of December-January is crucial for plant growth and the yield potential hinges on the soil moisture availability. 'If nothing goes wrong on the weather front, we should have a crop of 16.5-17 lakh tonnes, higher than last year’s 15.5 lakh tonnes,' said Bimal Kothari, Chairman, IPGA.
Sowing down a tad
At the rabi outlook webinar of Friday, Manek Gupta, Managing Director, Viterra India Pvt Ltd, said crop conditions in most growing areas were pretty good and that the expectation was yields of lentils may be higher and the crop could be higher by 5-10 per cent this year. 'We can look at crop of 16.5 lakh tonnes or in that vicinity,' he said.
Per the Agriculture Ministry data, sowing of lentils has taken place on 16.75 lakh hectares (lh) as of December 15, marginally lower than the same period last year’s 16.84 lh.
'The expected acreage this year is 18.5-19 lh, almost similar to last year. Farmers have received healthy prices and the minimum support price has been increased by 10 per cent. All the signals have gone to the farmers and that they should be planting more,' Gupta said.
Higher MSP
The Government has increased the MSP of lentils to Rs.6,425 per quintal for the rabi marketing season 2023-24, up from the previous year’s Rs.6,000. However, the current prices are ruling around Rs.5,800-5,900 levels. 'There is 3.5 months for harvest. We really need to see how prices will be move between now and the harvest window,' he said.
The Government has bought almost half a million tonnes of lentils from the trade. According to the estimates, the government is holding stocks of 6.5 lakh tonnes of lentils. From a supply and price perspective, the government will be an important player in the lentils market, Gupta said. 'Last year, the government bought 1.5 lakh tonnes from the farmers and this year they will probably buy more considering how much lower the price is compared to the MSP,' he said.
Rahul Chauhan of Igrain India also said that the lentils crop condition is good and that we can see a production of over 14 lakh tonnes. Due to the huge increase in imports of lentils and also due to last year’s good crop, the market is range-bound, Chauhan said.
Kothari said the lentils imports this year have been more than a million tonnes. The monthly consumption of lentils is about 2 lakh tonnes, Kothari said, adding that the supply situation was comfortable.
thehindubusinessline.com
Archive