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Showing posts from July, 2024

Detailed Report on Agriculture and Commodity Market Updates.

Tuesday 16/07/2024: 1. Coffee Market Update : September Robusta Coffee:Declined by 0.8% to $4579 per tonne by 1352GMT. This decrease is attributed to supply dynamics and market sentiment, influenced by ongoing issues in Southeast Asia, particularly Vietnam. 2. Kharif Crop Sowing Progress : Paddy and Soybean:Sowing completed in half of the normal area. Both crops, crucial for India's agricultural output, showed significant progress despite regional variations. 3. ICAR's Initiative : "One Scientist One Product": Indian Council of Agricultural Research (ICAR) launched a strategic research plan aimed at focusing scientific efforts to enhance agricultural productivity and innovation over the next five years. 4. Initiative on Direct Seeded Rice (DSR) : Corteva Agroscience:Initiatives to popularize DSR in Punjab and Haryana to address groundwater depletion. This technique could potentially save around Rs.15000 per acre, aiming for broader adoption despite existing for so...

Agriculture and Commodity Updates(Week of July 8-14,2024).

Monday 8/7/2024: High Density Planting of Cotton Crop Shows Promising Results: A pilot project on high density planting of cotton in India has demonstrated significant profitability. Farmers have reported earning Rs. 10,000 net income per acre with an investment of Rs. 4,000 per acre. India Receives 39% Surplus Rainfall in First Week of July 2024 : India experienced a surplus of 39% rainfall during the first week of July 2024, which is expected to benefit agricultural production across the country. Tuesday 9/7/2024 : Mixed Tea Price Trends in India - Tea prices are anticipated to rise in North Indian auction centers but have seen a decline in South Indian auction. Wednesday 10/7/2024 : Basmati Rice Exports Rise by 13%: India's basmati rice exports during April-May 2024 increased by 13% to reach $1.03 billion, driven by rising global demand. Thursday 11/7/2024 : Akshayakalpa Organic Expands Focus: Akshayakalpa Organic, India's first certified organic dairy enterprise, is ex...