172@29@17@151!~!172@29@0@53!~!|news|business|stocks|agri-picks-report-geojit-44-5652681.html!~!news|moneycontrol|com!~!|controller|infinite_scroll_article.php!~!is_mobile=false
Moneycontrol
Subscribe to PRO at just Rs.33 per month. Use code SUPERPRO
Last Updated : Aug 06, 2020 08:59 AM IST | Source: Moneycontrol.com

Agri Picks Report: Geojit

According to Geojit, The International Cotton Advisory Committee has scaled up its estimate for global consumption in 2020-21 (Aug-Jul) to 23.9 mln tn, compared with 23.3 mln tn projected in the previous month.

Broker Research

Geojit's report on Agri Picks


The International Cotton Advisory Committee has scaled up its estimate for global consumption in 2020-21 (Aug-Jul) to 23.9 mln tn, compared with 23.3 mln tn projected in the previous month. The International Coffee Organization has pegged global exports of the commodity in June at 10.57 mln bags (1 bag = 60 kg), down 5.3% on year, mainly because of lower production in the 2019-20 (Oct-Sep) season. The Federation of Seed Industry of India urged the Centre to provide some clarity on the cultivation of genetically modified crops, and to soon come up with modalities for the same. The National Agricultural Cooperative Marketing Federation of India has procured over 200 tn copra, both ball and milling varieties, from farmers in Tamil Nadu and Karnataka as of Monday, an agency official said. The government has extended the term of Securities and Exchange Board of India Chairman Ajay Tyagi by another 18 months to February 2022, according to a notification of Appointments Committee of the Cabinet. Punjab Chief Minister Amarinder Singh, in a tweet, urged Prime Minister Narendra Modi not to allow the geographical indication tag on the basmati rice produced in Madhya Pradesh. China's liquid sugar imports have declined to 67,000 tn in June, down 38.5% on month, UK-based sugar brokerage house Czarnikow said in a note. India received 56.2 mm rainfall in the week ended yesterday, 13% below the normal of 64.4 mm for the period, IMD said. Since Jun 1, the country has received 492.9 mm rainfall, 1% below the normal of 498.3 mm. The National Agricultural Cooperative Marketing Federation of India has procured over 200 tn copra, both ball and milling varieties, from farmers in Tamil Nadu and Karnataka as of Monday, an agency official said.


For all commodities report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

First Published on Aug 6, 2020 08:59 am
Sections