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  • Sugar production to fall 5% to 340 lakh tonnes in 2022-23; more diversion of cane juice to ethanol making

    In a statement, Indian Sugar Mills Association (ISMA) said sugar production in 2022-23 is estimated at around 340 lakh tonnes after diversion of 45 lakh tonnes of sweetener towards ethanol manufacturing.

  • Ahead of CM Amarinder Singh's meeting with farmers, Navjot Singh Sidhu seeks immediate hike in cane prices

    Ahead of CM Amarinder Singh's meeting with farmers, Navjot Singh Sidhu seeks immediate hike in cane prices

    Navjot Singh Sidhu, who has been at loggerheads with Singh in the past, also pointed out that the State Assured Price (SAP) of sugarcane had not been raised since 2018 while the input cost grew by 30 percent.

  • Australia refers India to WTO over sugar cane subsidies

    Australia refers India to WTO over sugar cane subsidies

    Trade Minister Simon Birmingham says Australia made the WTO referral after previously raising concerns with India over what Canberra says are more than $725 million ($1 billion AUD) in subsidies paid to Indian farmers.

  • Nomura sees monsoon as biggest risk to market rally, but sees 10-11% rally in 2017

    Nomura sees monsoon as biggest risk to market rally, but sees 10-11% rally in 2017

    “Our view fundamentally for India market was around 20 percent return but after the rally, it looks like we could do another 10-11 percent return until the end of the year helped by liquidity,” Prabhat Awasthi, Head of Equity & MD, India, Nomura said in an interview with CNBC-TV 18.

  • India's drought-stricken farmers plant thirstiest crop

    India's drought-stricken farmers plant thirstiest crop

    For growers like Wagh, a 35-year old from the Marathwada region in the west of Maharashtra, sugar cane has two attributes that make planting the crop lucrative - hardiness and state policies that ensure higher returns.

  • Sugarcane arrears plunge in India as sweetener prices rally

    Sugarcane arrears plunge in India as sweetener prices rally

    Mills have so far paid 92 percent of their cane dues to farmers in the 2015/16 marketing year ending on Sept. 30, it said in a statement.

  • Monsoon likely to end late, benefit farmers

    Monsoon likely to end late, benefit farmers

    Monsoon rains are the lifeblood of India's agriculture-dependent economy and a week's delay in their onset this year has caused the planting of summer-sown crops such as cotton, rice, soybean and sugar cane to drop by nearly 24 percent.

  • On verge of extinction, UP sugar mills send 'SoS' to govt

    On verge of extinction, UP sugar mills send 'SoS' to govt

    Sugar cane prices have increased 17 percent on average for the last three years, while sugar prices have been lower by nearly 10 percent year-on-year (YoY).

  • Sugar production may fall to 80 lakh tonnes

    Sugar production may fall to 80 lakh tonnes

    UR Associates has come out with its report on agri sector. As per the research firm, The area under sugar cane is expected to decline from 10.22 lakh ha in 2011-12 to about 8 lakh ha in 2012-13 while the sugar production is likely to go down from 90 lakh tonne to about 80 lakh tonnes.

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