Orthodox tea sales up at Kochi auction on export demand
95% of orthodox offerings sold as Middle East, CIS countries buyers extend support Active support from exporters led to increased sales for orthodox teas in the Kochi auction, witnessing strong demand.
New MRL framework for spices in the offing; to help improve market access
FSSAI readies draft framework revising the maximum residue levels to 98 from current 11, backed by extensive data monitoring. A revised maximum residue level (MRL) framework for spices and culinary herbs, which can help improve market access for Indian exporters, is in the offing. https://www.thehindubusinessline.com/economy/agri-business/new-mrl-framework-for-spices-in-the-offiing-to-help-improve-market-access/article69267218.ece
Indian seafood industry calls for removal of 30% duty on US shrimps
US is the biggest market for Indian shrimps, such a move for high tariff will undermine India’s position in the global seafood market and lead to sheer business loss: Sources. India’s seafood exporters have appealed for a waiver of 30 per cent customs duty imposed on shrimp imports from the US fearing a reciprocal tariff from India’s biggest seafood market. https://www.thehindubusinessline.com/economy/agri-business/indian-seafood-industry-calls-for-removal-of-30-duty-on-us-shrimps/article69261191.ece
Indian, American spice trade bodies sign MoU to enhance collaboration
The partnership focuses on enhancing microbiological safety, chemical contaminant control, traceability, and ethical sourcing. The All India Spices Exporters Forum (AISEF) and the American Spice Trade Association (ASTA) have signed a memorandum of understanding (MoU) at the International Spice Conference (ISC) 2025 to enhance collaboration in the global spice trade. https://www.thehindubusinessline.com/economy/agri-business/indian-american-spice-trade-bodies-sign-mou-to-enhance-collaboration/article69260807.ece
Blenders, upcountry support push tea sales at Coonoor auctions
Better activity from blenders and upcountry buyers has helped increase the sales percentage at the Coonoor Tea auctions.https://www.thehindubusinessline.com/economy/agri-business/blenders-upcountry-support-push-tea-sales-at-coonoor-auctions/article69257392.ece
India’s tea output drops to 4-year low in 2024 at 1,284 million kg on weather woes
India’s tea output in the 2024 calendar year touched a four-year low at 1,284 million kgs (mkg) as adverse weather impacted the output across key producing regions in all major States in northern and southern parts.https://www.thehindubusinessline.com/economy/agri-business/indias-tea-output-drops-to-4-year-low-in-2024-at-1284-million-kg-on-weather-woes/article69234384.ece
Fertilizer import drops 18% in April-December FY25
Urea sales till December 31 in current fiscal recorded an increase of 6.4 per cent to 300.26 lakh tonnes (lt) from 282.08 lt year-ago, whereas sales of all fertilizers put together increased 7.3 per cent to 525.92 lt, mainly due to lower sales of Di-ammonium Phosphate (DAP) fertilizers, according to latest official data. https://www.thehindubusinessline.com/economy/agri-business/fertilizer-import-drops-18-in-april-december-fy25/article69124120.ece?cx_testId=23&cx_testVariant=cx_1&cx_artPos=1&cx_experienceId=EXEPURFQAOW6&cx_experienceActionId=showRecommendationsK2WYEEDC7UY111#cxrecs_s
Extreme heavy rain pounds parts of southern Tamil Nadu, cyclonic circulation pops up over Gulf of Mannar
Heavy to very heavy rainfall with extremely heavy falls have been reported at isolated places over south Tamil Nadu through Sunday and until Monday morning, an India Meteorological Department (IMD) update said. https://www.thehindubusinessline.com/economy/agri-business/mercury-continues-to-plumb-lows-over-north-west-india-ahead-of-arrival-of-fresh-western-disturbance/article69118429.ece
Agri research needs big boost, has to be more focused, say experts
A few weeks back, agricultural scientist R S Paroda made an impassioned plea before a top official of the Prime Minister’s Office (PMO) to increase the research budget for farming and allied activities in the country to meet the numerous challenges facing the sector. Paroda, founding chairman of the Trust for Advancement of Agricultural Sciences, […]
Centre slashes FCI rice price by Rs 550 per quintal to Rs 2,250 for states
The Centre on Friday reduced the reserve price of FCI rice under the Open Market Sale Scheme (OMSS) by Rs 550 per quintal to Rs 2,250 for states and ethanol producers to boost sales and support food security measures. According to a Food Ministry order, state governments and state-run corporations can purchase up to 12 […]