With just a month remaining for sugarcane crushing, a confrontation between farmers and private millers in Uttar Pradesh on the price to be paid to growers is on the cards. In no exception to previous years, both parties have divergent views on what should a farmer get for his produce. At a meeting of a committee formed under the chairmanship of Uttar Pradesh Cane Commissioner Kamran Rizvi to fix the state-advised...
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Farmers in drought hit districts to get diesel subsidy
Farmers in drought hit districts in this unusually heavy rains monsoon season will get a diesel subsidy of Rs 500 per hectare, agriculture minister Sharad Pawar announced here on Friday at the start of the National Conference on Rabi Campaign, even as the Centre awaits bumper crop production for most key Kharif crops including paddy, pulses, coarse cereals and sugarcane. Oilseeds are the only crop where acreage is lower than...
More »Sugar millers cancel import contracts by Rajendra Jadhav & Swati Pandey
Sugar millers are cancelling import contracts due to a drop in domestic prices and are unlikely to sign new deals on expectations of a surge in local output, a top industry official told Reuters. The contracts had been signed late last year and early this year when domestic sugar prices rose to a record and the production outlook was lower. Since then the price has fallen by a third and the...
More »Maharashtra sugar mill owners lobby for political intervention on cane prices by Dilip Kumar Jha
The Maharashtra government may intervene to make farmers accept a lower price for sugarcane supplied to mills, given the way these have gone out of line with current market prices. Chief Minister Ashok Chavan has convened a meeting on Thursday with mill representatives on the issue. With the current cane prices of Rs 240-250 a quintal delivery at the mill gate, the cost of sugar production comes to around Rs 2,700...
More »Drought lowers sugar production by 9.6%
Sugar output in India, the biggest grower after Brazil, fell 9.6% in the first two months of the season that began 1 October, said an official at the Indian Sugar Mills Association. Mills produced 1.7 million tonnes (mt), down from 1.88mt a year ago, as drought hurt the cane crop and a price dispute delayed crushing, the official said. He didn’t want to be identified as the information was not public....
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