Tight global supplies to continue driving India’s maize exports till May
March 11, 2021
Maize (corn) exports from India are expected to go on till May with global supplies projected to be tight this year and demand continuing from Malaysia and Vietnam.
The Food and Agriculture Organization (FAO), a UN arm, and the US Department of Agriculture have both projected that the ending stocks this marketing season (July 2020-June 2021) would be lower compared with last year. Both agencies have, however, raised the ending stocks in their reports this month on higher production estimates.
The FAO’s Agricultural Marketing Information System (AMIS), in its report for this month, said maize ending stocks will be 275.7 million tonnes (mt) against 301.7 mt. The ending stocks size for this season has been raised by two mt from last year.
ET Healthcare/Biotech NEWS
Powered by
Why India should roll out Covid-19 vaccine in the open market and ramp up its commercial export
SECTIONS
Why India should roll out Covid-19 vaccine in the open market and ramp up its commercial exportBy
Share
Synopsis
India needs to innovate and play a larger role in vaccine distribution. First, it must try harder to inoculate more of its citizens as quickly as possible and simultaneously demonstrate its soft power by supplying more and more vaccines to the rest of the world.
A month and a half after Covid-19 vaccination was rolled out in India, the government has allowed private hospitals to enter what was hitherto a no-go zone: vaccination on payment basis.
Cotton yarn prices gain sharply on surging cotton rates, demand thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Onion Exports Face Woes In Wooing Back Importers, Higher Domestic Price
by M R Subramani - Feb 10, 2021 10:37 AM
A file picture of onions kept ready for auction at Gondal Agricultural Produce Marketing Committee Yard in Gujarat.
Snapshot
According to the Kolkata-based Directorate-General of Commercial Intelligence and Statistics, India exported 13.17 lakh tonnes of onion between April and October this fiscal before the ban was imposed.
Onion shipments from India are facing problems after the Union government lifted the ban on exports from 1 January this year, first in wooing back importers and now due to rising domestic prices.
The Union government banned onion exports in September last year after the vegetableâs retail prices began to surge. In the second week of October, the rates topped Rs 100 a kg in retail outlets.
Rice exports up 80.37% to 11.58 million tonne in April-December
SECTIONS
Share
Synopsis
The total value of the rice exports including basmati and non basmati rice increased by 44% to Rs 44,894 crore compared with Rs 31,194 crore in the corresponding period last fiscal, said Vinod Kaul, executive director, All India Rice Exporters Association.
iStock
Looking at the current exports, rice exports can easily touch 15 million tonne with basmati rice at 5 million tonnes and non-basmati rice exports to cross 10 million tonne , said Kaul.
New Delhi: India’s rice exports jumped to 80.37% year-on-year in the April-December period to 11.58 million tonnes, with major demand coming from Africa, Middle East, the USA and European Union, industry bodies said.