-The Hindu Business Line The extended ban has affected the turnover of commodity exchanges * What are the agri commodities in which futures trading has been banned by SEBI? SEBI has banned futures trading in seven agri commodities, including the derivatives of two produce. The banned commodities are non-basmati paddy, wheat, chana (Bengal gram), mustard seed and its derivatives, Soyabean and its derivatives, crude palm oil and moong (green gram). * Why were they...
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Worried over future contracts, farmers hold on to Soyabean stocks, seek better prices -Nayan Dave
-Financial Express Last year till mid-December, farmers were aware of future prices on commodity burse platforms such as National Commodity and Derivatives Exchange (NCDEX). Two months after harvesting the kharif Soyabean crop, Narayan Singh, a farmer from Nipaniya Baijnath village of Malwa region in Madhya Pradesh, is still holding on to a chunk of the produce in anticipation of higher prices. In this kharif season, Singh harvested nearly 55 quintals of Soyabean crop...
More »Valuable waste: NSO report shows cattle dung is more ‘precious’ than fodder -Prabhudatta Mishra
-The Hindu Business Line The gross value of output of dung increased 6.8% to ₹34,825.75 cr in 2019-20 from ₹32,598.91 cr in 2011-12 The gross value of output (GVO) of cattle dung estimated at ₹34,825.75 crore is more than the total value of the fodder that the cattle population consumes. Not only fodder but there are also 128 other items including maize, mustard, onion, potato, eggs, Soyabean, tea, coffee and cashew nut...
More »Madhya Pradesh farmers were craving rain; now they fear too much of it -Pooja Yadav
-Down to Earth Rainfall status yo-yos from 23% deficit to 20% excess in a month Farmers in Madhya Pradesh, who had been craving rain, are now afraid of too much of it. Their crops of maize and Soyabean have either been destroyed or have turned yellow due to the rains. Flat fields have turned slushy. Crop seedlings have been destroyed due to soil erosion in the state’s hilly areas. Bunds meant for paddy...
More »Sowing it right
-The Hindu Business Line MSP signalling in favour of oilseeds, pulses should be backed up by credible procurement steps In announcing the minimum support prices for the kharif season, the Centre has rightly stuck to its plan of trying to wean away acreage from rice, particularly in rainfed areas, to pulses and oilseeds. This has been its policy since 2015, and it has resulted in output gains and increased acreage in pulses,...
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