Topic
procurement
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.
Supply Chain Dairy Pact Boosts Supply Chain Resilience in North-East India
The National Cooperative Dairy Federation of India (NCDFI) and Assam Rifles have signed a supply pact to enhance dairy product distribution to military units in north-east India. This agreement aims to generate ₹44 crore annually for cooperatives and improve supply chain resilience.
Commodities Wheat Procurement Surpasses Target with 17% Surge
Wheat procurement in India surged 17% to over 35 million tonnes for the 2026-27 season, exceeding the target of 34.5 MT. This increase was driven by robust domestic production and favorable mandi rates.
Commodities Telangana Dominates India's Paddy Procurement with 60% Share
Telangana has emerged as a leader in India's paddy procurement, accounting for 60% of the total during the Rabi season. The state's efforts, led by CM Revanth Reddy, include significant government incentives and infrastructure projects to support farmers.
Commodities India's Wheat Procurement Surpasses Revised Target Amid Record Production
India's wheat procurement for buffer stocks has surpassed the revised target of 34.5 million tonnes, reaching 34.99 million tonnes as of May 31. This increase is attributed to record production estimates and relaxed quality norms due to weather impacts.
Supply Chain Market-Linked Pricing: A New Era for Dairy Sustainability
The dairy industry is transitioning from cost-based to market-linked pricing to enhance sustainability and meet evolving consumer demands. This shift addresses structural challenges and aligns procurement with market expectations.