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...