Agri Picks Report: Geojit

Geojit's report on Agri Picks

The Soybean Processors Association of India has criticised the Solvent Extractors' Association of India's suggestion to stop soybean cultivation in the country and use the 12 mln ha meant for soybean cultivation, to cultivate other crops, it said in a written statement . The government has raised the base import prices of all edible oils by $18-$44 per tn, the Central Board of Excise and Customs said in a notification. The conflict between Ukraine and Russia is likely to keep edible oil prices volatile as India's sunflower oil imports are being hit, said Atul Chaturvedi, president of Solvent Extractors' Association of India. The central government had bought 70.7 mln tn paddy as of Sunday in the 2021-22 (Oct -Sep) kharif marketing season, according to an official release. The government is working on setting up Farmer Producer Organisations, Farm Minister Narendra Singh Tomar said .

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