Agri Picks Report: Geojit

According to Geojit, Production of castor seed in the country is likely to fall 2.6% on year to 1.90 mln tn in 2020-21 (Jul-Jun), according to a survey conducted by the Solvent Extractors' Association of India.

February 22, 2021 / 09:11 AM IST

Geojit's report on Agri Picks

Production of castor seed in the country is likely to fall 2.6% on year to 1.90 mln tn in 2020-21 (Jul-Jun), according to a survey conducted by the Solvent Extractors' Association of India. The production was pegged at 1.95 mln tn last year. India's oilmeal exports jumped 194% on year to 498,060 tn in January, according to data released by The Solvent Extractors' Association of India. For Apr-Jan, overall exports of oilmeal recovered and provisionally came in at nearly 3.0 mln tn, up 39% from the year-ago period. Arrivals of the fresh rabi wheat crop started in the benchmark market of Indore today, almost a month ahead of the normal schedule, traders said. Traders in Madhya Pradesh have requested the state government to bring down the mandi tax rate to 0.5% again from 1.5% currently, for the benefit of farmers and traders

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