Topic
Commodities Agri
Commodities Campco Asks Uttar Pradesh Government to Remove 'Mandi' Tax on Arecanut to Ease Double Taxation Burden on Cooperatives
A Campco delegation led by its President SR Sathishchandra and Managing Director BV Sathyanarayana met Uttar Pradesh Chief Minister Yogi Adityanath in Lucknow to request the removal of 'mandi' tax on arecanut sold by cooperatives. They highlighted double taxation—an APMC cess in Karnataka and a mandi tax in Uttar Pradesh—that has led to a decline in turnover and the closure of Campco's Kanpur sales depot. The UP government assured sympathetic consideration of the concerns.
Commodities BRICS Agriculture Meet Begins in Indore; Food Security, Climate-Smart Farming on Agenda
A five-day BRICS agriculture meeting began in Indore on Tuesday, focusing on food security, climate-resilient farming, farmer welfare, and cooperation. Officials discussed agricultural technology exchange and trade. A joint declaration is expected after agriculture ministers meet on June 12-13.
Commodities Corteva Launches Mavilon Granular Insecticide for Pest Management in Indian Rice
Corteva has introduced Mavilon, a granular insecticide for pest management in rice in India. The product offers up to 60 days of control against Brown Planthopper and 15 days against stem borer, applied once at 30–35 days after transplanting. It aims to reduce reliance on foliar sprays and improve crop protection timing.
Commodities Blenders and Upcountry Buyers Drive Tea Prices Higher at Coonoor Auctions
Tea prices at Coonoor auctions rose by Rs2 per kg on average, driven by brisk demand from blenders and upcountry buyers. Lower offerings supported the uptick, with CTC leaf and orthodox grades showing varied price movements.
Commodities Manipur government ensures timely fertiliser availability, promotes organic farming
Manipur Chief Minister Y Khemchand Singh stated the government has taken steps to ensure timely fertiliser availability for farmers, including distribution based on Aadhaar cards and farmer cards. The state is also promoting organic farming with subsidised organic fertiliser 'Oorja' at ₹250 per bag, and currently has around two lakh bags of urea in stock.
Commodities West Asia Tensions Weigh on Orthodox Tea Prices at Kochi Auctions
Ongoing war-related uncertainty in West Asia has dented export demand for orthodox teas at the Kochi tea auctions, with prices falling ₹6 per kg. Auctioneers report buyer resistance in Sale No. 24 amid renewed US-Iran tensions, while exporters serving Gulf and CIS markets provide only limited support. The orthodox offering of 255,383 kg saw 85% sold at an average of ₹178.60/kg, down from ₹184.78 last week.
Commodities Tamil Nadu CM Announces ₹134.83 Crore Kuruvai Package for Paddy Cultivation
Tamil Nadu Chief Minister C Joseph Vijay announced the Kuruvai Special Package Scheme 2026, valued at ₹134.83 crore, to promote paddy cultivation in both delta and non-delta districts. The scheme covers an average annual paddy area of 52.72 lakh acres, with 20.65 lakh acres in the Cauvery Delta region alone. The package aims to increase production and productivity during the Kuruvai, Kar, and Sornavari seasons.
Commodities India's foodgrain output hits record 357.7 mt in 2024-25, transforming global trade landscape
India's agricultural sector achieved record foodgrain production of 357.7 million tonnes in 2024-25, according to a government report. Rice output hit an all-time high, making India the world's largest rice producer. The growth in oilseeds and horticulture reduces import dependence but significant edible oil imports continue. Policy shifts including higher public investment and expanded procurement are driving the transformation, with implications for global commodity trade.
Commodities NCDEX set to relaunch pepper futures by end-June, may test SEBI’s cash-settlement-first framework
The National Commodity and Derivatives Exchange (NCDEX) is preparing to relaunch pepper futures by the end of June, with the contract potentially serving as an early beneficiary of SEBI's proposed cash-settlement-first framework for agricultural derivatives. The exchange has secured regulatory approvals and set up warehousing in Kerala, aiming to revive trading in a contract that was discontinued in the early 2010s due to quality disputes and delivery legal challenges.
Commodities From Khorasan to Kashmir: Saffron Prices Surge Amid Global Supply Squeeze from West Asia Conflict
Kashmiri saffron prices have surged to ₹340-₹350/gm from ₹200-₹250/gm a year ago, driven by the West Asia conflict disrupting Iranian supplies — Iran accounts for 90% of global output — and a sharp decline in local Kashmir yields. Traders and the Saffron Growers Association report production fell to 5-10% of normal last year, pushing GI-tagged saffron to ₹380/gm and raising Iranian saffron prices to ₹190-₹200/gm. Prices are expected to remain firm amid continued supply chain uncertainty.
Commodities US Confirms Screwworm Return After 60 Years, Deploys Sterile Fly Strategy in Texas
The USDA confirmed the first US case of New World screwworm in a Texas calf since eradication in 1966. Officials are expanding sterile fly production to 400 million per week, investing in new facilities in Mexico and Texas to contain the pest that threatens livestock and has caused 2,070 human cases in Central America since 2023.
Commodities Blooming paradox: India's flower industry hits record highs even as the Northeast withers
India's floriculture sector has reached record highs with 4 lakh hectares under cultivation and GVA of ₹51,643 crore in 2023-24, yet the Northeast region, once a promising frontier, has seen a retreat in flower farming. Structural factors such as urbanisation in established states and lack of infrastructure in the Northeast explain this paradox.
Commodities India Reservoir Storage Drops to 28% as Monsoon Deficits Widen, Threatening Agri
Data from the Central Water Commission shows storage in India's 166 major reservoirs has fallen to 28% of capacity, lower than a year ago. The India Meteorological Department reports deficient rainfall across two-thirds of the country since June 1, raising concerns for upcoming agricultural seasons.
Commodities El Niño Onset Confirmed: 63% Chance of Super Event by Winter
NOAA officially declared El Niño onset on June 11, 2026, with a 63% chance of reaching super El Niño strength by winter. The event threatens drought in key agricultural regions including Indonesia, the Sahel, and Southern Africa, while India's monsoon forecast has been lowered to 90% of normal.
Commodities IMD Update: Heavy Rain to Revive Goa, Karnataka, Mumbai & Gujarat on June 22-23
The India Meteorological Department (IMD) forecasts a revival of heavy rainfall along the west coast around June 22-23, based on guidance from the European Centre for Medium-Range Weather Forecasts (ECMWF). The fresh spell is expected to start over Coastal Karnataka and Goa before spreading north to Konkan, Mumbai, and south Gujarat. Meanwhile, widespread rainfall continues over eastern India due to a trough extending from Punjab to West Bengal.
Commodities India Likely to Boost Urea Imports Beyond 17 LT as Tender Prices Plunge Over 50%
India's National Fertilizer Ltd (NFL) tender received bids over 50% lower than the previous Indian Potash Ltd round, with lowest prices at $449/tonne west coast and $445/tonne east coast. The government is considering boosting imports beyond 17 lakh tonnes if suppliers match L1 rates, while China may reconsider exports due to low prices.
Commodities India Achieves Self-Sufficiency in Food Production, CTCRI Director Says
India has achieved self-sufficiency in food production, according to Dr G Baiju, Director of ICAR-Central Tuber Crops Research Institute (CTCRI). Foodgrain production rose from 50.8 million tonnes in 1950–51 to 376.5 million tonnes in 2025–26, while horticulture output exceeded 370 million tonnes. Agri exports surged to ₹4.3 lakh crore in 2024-25, with India becoming the world's largest rice exporter. Budgetary allocation for agriculture increased from ₹27,662 crore to ₹1.40 lakh crore, and ICAR released 3,821 high-yielding varieties from 2014 to 2025.
Commodities India’s Pulse Self-Sufficiency Push Undercut by Stock Controls and Subsidised Sa
India's Mission for Aatma Nirbharta in Pulses, announced in Budget 2025-26, aims for self-sufficiency by 2027 through government procurement. However, recurring stock-holding limits on tur, urad, and chana, along with subsidised buffer stock releases through Bharat Dal, erode the private market infrastructure and NCDEX futures market that are essential for price signals and farmer acreage decisions, according to a report by The Hindu BusinessLine.
Commodities J&K Plans Clean Plant Centre to Boost Horticulture Quality, Says Minister
Jammu and Kashmir Agriculture Production Minister Javid Ahmad Dar outlined plans to establish a Clean Plant Centre to improve horticulture planting material quality, while also addressing challenges like lack of crop insurance for apples and saffron, pest infestations from imported material, and shrinking farmland. The interview covered high-density apple cultivation success and climate adaptation efforts.
Commodities India’s horticulture output hits record 378 mt in 2025-26
India's horticulture production for the 2025-26 crop year is estimated at a record 377.78 million tonnes, up from 370.74 mt a year ago, according to the Agriculture Ministry. The increase is driven by a marginal rise in acreage and improved yields in fruits, vegetables, spices, and flowers. Key crops like banana, mango, potato, and tomato posted gains.
Commodities Bitter Season for Kashmir Honey: Output Plunges on Erratic Weather
Erratic weather in Kashmir has caused a sharp decline in honey production this season, reversing a 75% increase over the past three years. Beekeepers report yields down by 70% or more, with premium acacia honey particularly affected. The decline highlights the sector's vulnerability to climate variability despite recent policy support.
Commodities India Palm Oil Imports Rise in May but Stay Below Average Levels
India's palm oil imports edged up 7% month-on-month in May to 549,356 metric tons, rebounding from a four-month low but remaining below the 632,000-ton monthly average of the previous marketing year. The Solvent Extractors' Association of India (SEA) reported that soyoil imports surged 37% as its price advantage over palm oil narrowed, while sunflower oil imports fell nearly 32%. Total vegetable oil imports rose 4.2% to 1.37 million tons, the highest in three months.
Commodities Feed Makers Worry as Soyameal Prices Surge Over 40%
Soybean meal prices in India have surged over 40% in recent weeks to around ₹65-66 per kg, according to CLFMA. The price spike is putting pressure on feed manufacturers and farmers, especially in aquaculture where feed costs account for 50-60% of production. CLFMA urges government action to ensure supply and stabilize prices.
Commodities India's Wild Agave Sparks a New Spirit Industry
India's wild agave americana, traditionally used as fencing, has become the foundation of a new domestic agave spirit industry. The market is growing at 31% annually, according to distiller Maya Pistola Agavepura. Farmers like Masapalli Venkatesh coordinate wild harvests across states, but the informal supply chain faces challenges from genetic inconsistency to tight harvest windows.
Commodities India's Agriculture Budget Soars to Rs 1.4 Lakh Crore
The Modi government has increased India's agriculture budget five-fold to Rs 1.4 lakh crore over 12 years. Key initiatives include climate-resistant crops, soil health cards, and increased fertiliser subsidies.
Commodities UK Pint Prices Surge 36% Amid Rising Costs
The price of a pint in UK pubs has increased by 36% since the last World Cup, driven by rising costs and taxes. Energy price hikes and increased national insurance contributions have significantly impacted pub operations.
Commodities Monsoon Stalls: Rain Deficit Deepens in West India
The monsoon has stalled along India's coast, leading to a significant rain deficit in West India. Key regions like Saurashtra and Kutch are experiencing over 60% below-normal rainfall.
Commodities Complex Fertilizer Sales Surge 27% in May Amid Urea Decline
Complex fertilizer sales in India increased by 27% in May, offsetting declines in urea and DAP sales. The rise in complex fertilizers helped maintain overall fertilizer consumption levels, despite government efforts to curb chemical fertilizer use.
Commodities Homestead Farming: A Climate Change Solution
Homestead farming in Keralam offers a sustainable approach to combat climate change by reducing transportation emissions and enhancing carbon sequestration. The practice, highlighted by Rammohan Paliyath, emphasizes local food production and diversified agriculture.
Commodities MP Urges Action on Areca Plantation Diseases in Karnataka
Captain Brijesh Chowta, MP from Dakshina Kannada, has urged the Indian government to address leaf spot and yellow leaf diseases affecting areca plantations. These diseases threaten the livelihoods of farmers in Karnataka, with financial constraints hindering effective management.
Commodities El Niño Threatens Global Crop Yields and Energy Grids
El Niño has formed in the Pacific, posing risks to global agriculture and energy. The phenomenon, identified by the Japan Meteorological Agency, could lead to reduced yields for key crops and strain power grids worldwide.
Commodities Gujarat Kharif Sowing Boosted by Early Narmada Water Release
Gujarat's Kharif sowing season begins as the state government releases Narmada irrigation water early to aid farmers. With over 1.73 lakh hectares already sown, the move supports critical early crop growth.
Commodities Indian Farmers Eye Expansion Amid Rising Oilseed Prices
Rising prices of key oilseeds like soybean and groundnut are prompting Indian farmers to consider expanding cultivation areas. This trend is driven by higher market prices compared to last year, encouraging increased planting in major growing regions.
Commodities Maharashtra's Expert Panel to Address Onion Price Decline
Maharashtra has established an expert panel to address the decline in onion prices, focusing on long-term solutions for the state's onion sector. The panel will assess factors affecting prices and recommend measures to improve the value chain.
Commodities India's Monsoon Boosted by IoD Amid El Nino Concerns
India's monsoon season could see improved rainfall due to a potential positive Indian Ocean Dipole (IoD) event, despite the looming threat of El Nino. The Bureau of Meteorology reports sea surface temperatures have crossed the El Nino threshold, but a positive IoD could enhance monsoon rains.
Commodities Natural Rubber Prices Hit Record High Amid Global Supply Challenges
Natural rubber prices have surged to a record ₹267 per kg, driven by global supply shortages and rising international rates. Weather disruptions and geopolitical tensions have exacerbated the supply-demand imbalance.
Commodities Monsoon Slowdown Expected in North-West India Due to Western Disturbance
The monsoon in north-west India is expected to slow down due to a western disturbance, affecting agricultural activities. Heavy rainfall remains concentrated along the west coast, but a slowdown is anticipated in the coming days.
Commodities Pernod Ricard India's Initiative Boosts Agri Yields and Water Resources
Pernod Ricard India's WAL programme has improved agricultural yields and water resources across 13 states and union territories. The initiative supports farmers with regenerative practices and efficient irrigation.
Commodities Regenerative Agriculture: Shared Responsibility in Transition
Stakeholders in India's agriculture sector emphasize the need for shared responsibility in transitioning to regenerative agriculture. The Nature Conservancy and CII FACE highlight integrated solutions for sustainable farming.
Commodities Post-Harvest Management: Key to Food Safety and Market Stability
Post-harvest management is crucial for maintaining food safety and market stability. Effective storage and transportation practices can significantly reduce food losses and enhance economic returns.
Commodities India's Dairy Demand Surges in Smaller Cities
India's dairy market is expanding beyond metropolitan areas, with smaller cities like Thrissur and Manipal driving demand for value-added dairy products. This shift is fueled by rising incomes and improved cold-chain infrastructure.
Commodities Maharashtra Onion Farmers Demand Higher Procurement Prices
Maharashtra onion farmers are demanding a minimum procurement price of Rs 3,000 per quintal, citing current rates as insufficient to cover costs. Despite relaxed procurement norms, farmers face financial distress due to low prices.
Commodities Fertilizer Panic Buying Surges in Indian States Amid Global Tensions
Urea and DAP fertilizer sales have surged in Indian states like Maharashtra and Punjab due to panic buying triggered by geopolitical tensions. This has exposed vulnerabilities in India's subsidy scheme.
Commodities Caribbean Hot Sauce Prices Surge Amid Scotch Bonnet Shortage
Caribbean hot sauce producers face shortages and rising costs due to a Scotch Bonnet pepper shortage. Extreme weather and pest issues in Jamaica have impacted supply.
Commodities Monsoon Advances Amid Strengthening El Niño Signals
The Indian monsoon has advanced further, covering key agricultural regions, while El Niño signals strengthen, potentially impacting crop yields. Traders are closely monitoring these developments.
Commodities Cod Prices Surge Amid Supply Challenges and Consumer Loyalty
Cod prices have surged to unprecedented levels due to fishing quotas and geopolitical tensions, forcing UK fish and chip shops to diversify their offerings. Despite the price hike, consumer loyalty to cod remains strong.
Commodities Maize Farmers Shift to Cotton Amid El Niño Concerns
Indian maize farmers are shifting to cotton, soybean, paddy, and ragi due to anticipated below-normal rainfall from El Niño and market profitability. The shift varies by region, with Madhya Pradesh seeing increased cotton acreage.
Commodities Assam's Tea Output Surge Boosts India's April Production by 5%
India's tea production increased by 5% in April 2026, reaching 104.28 million kg, primarily due to a significant output rebound in Assam. Favorable weather conditions contributed to a 36% increase in Assam's production, while other regions like West Bengal and South India saw declines.
Commodities KUFOS Workshop on Scientific Shrimp Farming
Read the full story for in-depth analysis.
Commodities Delayed Monsoon Affects Indian Agriculture Markets
The delayed monsoon in India, influenced by El Niño, is impacting agricultural commodity markets. Key regions like Gujarat and Rajasthan face below-normal rainfall, affecting crop forecasts.
Commodities Soymeal Prices Surge, Prompting Calls for Imports
The livestock industry in India is urging the government to allow the import of 1.5 million tonnes of soymeal due to a significant price surge. This demand arises from high domestic prices of soybean and maize, exacerbated by lower local production and global market conditions.
Commodities Assam's Second Flush Tea Prices Surge on Quality Boost
Assam's second flush tea prices have surged due to favorable weather conditions leading to high-quality production. The average price at the Guwahati auction center rose significantly, reflecting strong demand.
Commodities Poultry Production Slashed by 25% Amid Rising Soybean Meal Costs
The poultry industry in India is cutting production by 25% due to a 40% rise in soybean meal prices. This move aims to mitigate increased feed costs impacting poultry producers.
Commodities El Niño Threatens Indian Agriculture: Urgent Call for Climate Resilience
The Federation of All India Farmer Associations (FAIFA) emphasizes the urgent need for climate resilience in Indian agriculture due to El Niño's impact. The report highlights the importance of ecological and technological transitions to safeguard food security and farmer livelihoods.
Commodities Muted Demand Pressures Tea Prices at Kochi Auctions
Tea prices at Kochi auctions have declined due to muted demand and geopolitical tensions in West Asia. The auction saw a decrease in prices for popular grades, with a notable drop in CTC dust market prices.
Commodities Hailstorms Impact Kashmir Apple Prices, Insurance Demand Rises
Kashmir's apple prices have surged due to repeated hailstorms causing significant crop damage. The lack of crop insurance exacerbates the financial strain on growers, prompting calls for urgent policy implementation.
Commodities India's South-West Monsoon Begins Over Kerala
Read the full story for in-depth analysis.
Commodities APCNF's Natural Farming Wins 2026 Food Planet Prize
The Andhra Pradesh Community Managed Natural Farming (APCNF) initiative has won the 2026 Food Planet Prize from Sweden's Curt Bergfors Foundation. This recognition highlights the sustainable agricultural practices promoted by APCNF, impacting 18 lakh farming families in Andhra Pradesh.
Commodities Tamil Nadu Mango Farmers Boost Yields with High-Density Planting
Tamil Nadu mango farmers have significantly increased their yields by adopting ultra high-density planting (UHDP) techniques. This shift, supported by Coca-Cola's Project Unnati, has transformed traditional farming practices, allowing for multiple harvests annually and improved income stability.
Commodities Monsoon Relief Expected in Tamil Nadu
Read the full story for in-depth analysis.