-Livemint.com Both fertilizer and agrochemical companies are highly dependent on imports for raw materials. With rupee depreciation exacerbating the rise in prices of raw materials, the profitability of the companies is expected to take a hit this year The forecast of a record Foodgrain Production in the ongoing kharif season has brought no cheer to agricultural inputs stocks. Shares of Rallis India Ltd lost 3% last week. Dhanuka Agritech Ltd slumped 12%....

-Financial Express After government estimates said that Indian agriculture could be heading for bumper kharif crop harvest, experts say that it could provide a major fillip to rice exports. However, the development could potentially put increased pressure on the government to buy the crops at the MSPs, if market rates fall below the benchmark rates on bumper arrivals at mandis. According to government estimates production of kharif foodgrains for 2018-19 crop year...

-Livemint.com According to govt data, the output of foodgrains is 11.9 million tonnes higher than the average production of 129.7 million tonnes between 2012-17 New Delhi: India’s Foodgrain Production during the rain-fed kharif season is estimated at a record 141.6 million tonnes in 2018-19, raising chances that wholesale crop prices will continue to hover low ahead of crucial elections in states like Madhya Pradesh, Rajasthan and Chhattisgarh. The first advance estimate of crop...

-The Hindu M.P., Gujarat likely to opt for new payment scheme Despite patchy rainfall in some parts, the Agriculture Ministry has set a Foodgrain Production target of 285.2 million tonnes for 2018-19, a marginal increase from the previous year’s harvest of 284.8 million tonnes. Rainfall deficit during the current monsoon season is now at 10%, according to the Indian Meteorological Department. “Some areas got extra rainfall, some areas were deficient. But in spite of...

-The Hindu Business Line Plan to convert more rice fallow land to pulses, oilseeds during rabi season New Delhi: The government has set a foodgrain target of 285.2 million tonnes (mt) for 2018-19, which is marginally higher than the expected production in 2017-18, the agriculture ministry said here on Tuesday. As per the fourth advance estimates released by the Government last month, the foodgrain harvest in 2017-18 would be around 284.83 mt, aided...