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Just lip service for farmers in the budget

Just lip service for farmers in the budget
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Agri Picks Report January 29, 2024: Geojit

According to Geojit, The area under rabi crops in Telangana stood at 4.22 mln acres as of Wednesday, 8% lower than 4.60 mln acres a year ago, according to data from the state government.

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Edible oil industry body SEA urges govt to hike duty difference between crude & refined palm oil, ET Retail

"The Indian edible oil Industry, with a size of Rs 3 lakh crore (USD 35 billion), holds significant importance. Over the last 12 years, Indonesia and Malaysia have imposed higher export taxes on Crude Palm Oil (CPO) compared to refined Oil to protect their refining industry. This has made refined oil cheaper, rendering Indian capacity redundant and unutilized," Solvent Extractors Association of India (SEA) President Ajay Jhunjhunwala said.

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Surge in edible oil imports hits mustard growers, traders hard

Surge in edible oil imports hits mustard growers, traders hard
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India's oilmeals export rises 36 per cent in October to nearly 2.9 lakh ton: Trade data

Soyabean meal export rose to 87,060 tonnes last month from 40,196 tonnes in the year-ago period, while shipment of rapeseed meal increased to 1,69,422 tonnes from 98,571 tonnes during the period under review. "Foreign demand for Indian soyabean meal has benefited from improved price competitiveness and the shortage of Argentine export supplies in recent months," SEA said.

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