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Sep 18, 2014

India’s rice output, exports to climb on revival of monsoon

MUMBAI/NEW DELHI, Sept 18 (Reuters) – India’s summer-sown
rice output is likely to cross the previous year’s level due to
a pick up in monsoon rains, raising prospects for higher
overseas sales in 2015 by the world’s biggest exporter of the
grain, trade officials said.

Robust exports from India could keep a lid on global prices
RI-THBKN5-P1 that have surged 12 percent in the past three
months and help cut bulging Indian government stockpiles built
as a result of bumper harvests over the past several years.

Sep 12, 2014

India’s love affair with gold may be over, as prices slide

VANGAL, India, Sept 12 (Reuters) – Kiran Laxman Salunkhe
used to buy jewellery during religious festivals, but sliding
gold prices have led the young Indian farmer to break with his
family’s traditional investment.

This year Salunkhe has deposited his hard-earned savings at
the bank for the first time in a decade and bought farmland.

Aug 27, 2014

Sugar export rebound at risk from rising domestic prices

MUMBAI (Reuters) – Sugar prices in India are firming on fears of short-term supply constraints and seasonal demand even as global prices are sliding, posing a threat to a recent recovery in exports from the world’s second-biggest producer of the sweetener.

A raised sugar import duty in India, festival demand and an expected delay in cane crushing in a key producing state have helped push domestic prices to a $70 a tonne premium to international prices, making it more lucrative to sell domestically. A year ago the premium was just $20 a tonne.

Aug 27, 2014

India’s sugar export rebound at risk from rising domestic prices

MUMBAI, Aug 27 (Reuters) – Sugar prices in India are firming
on fears of short-term supply constraints and seasonal demand
even as global prices are sliding, posing a threat to a recent
recovery in exports from the world’s second-biggest producer of
the sweetener.

A raised sugar import duty in India, festival demand and an
expected delay in cane crushing in a key producing state have
helped push domestic prices to a $70 a tonne premium to
international prices, making it more lucrative to sell
domestically. A year ago the premium was just $20 a tonne.

Aug 13, 2014

Tyre demand boosts Indian rubber imports, may help revive global prices

MUMBAI, Aug 14 (Reuters) – A revival in India’s auto
industry could lift imports of natural rubber for making tyres
by a quarter this fiscal year, which would take inbound
shipments to a record and may provide some support for global
prices languishing at multi-year lows.

International prices of natural rubber have fallen
by more than a quarter this year because of worries about weak
economic growth in top consumer China and oversupply in the top
Southeast Asian producers, Thailand and Indonesia.

Jul 21, 2014

Thailand to reclaim top rice exporter spot after poor Indian rains

MUMBAI/BANGKOK (Reuters) – Thailand is set to reclaim its status as the world’s top rice exporter as weak monsoon rains curb India’s crop, helping the Southeast Asian country’s new military government offload bulging stockpiles.

Fewer Indian exports would allow Bangkok to win better prices for the grain that it has been selling at a huge discount, curbing losses on the stocks built up under a costly state intervention scheme.

Jul 21, 2014

India to lose top rice exporter spot to Thailand after poor monsoon

MUMBAI/BANGKOK (Reuters) – Thailand is set to reclaim its status as the world’s top rice exporter as weak monsoon rains curb India’s crop, helping the Southeast Asian country’s new military government offload bulging stockpiles.

Fewer Indian exports would allow Bangkok to win better prices for the grain that it has been selling at a huge discount, curbing losses on the stocks built up under a costly state intervention scheme.

Jul 8, 2014

India’s onion crisis: shortages after the best-ever harvest

PACHORE WANI India (Reuters) – Indian farmer Ranganath Watpade made a killing last year by putting off selling his onions until four months after he harvested them. This year, the same trick has backfired.

The country has produced a record harvest, but many farmers in the onion bowl of India’s western state of Maharashtra have lost a large share of their crop damaged in storage, adding to the country’s inflation woes.

Jul 2, 2014

Farmers await rains after slow start to monsoon

By Rajendra Jadhav

LASALGAON, Maharashtra(Reuters) – Pramod Patil’s 40-acre field in Lasalgaon usually turns green around now with germinated soybean and corn seeds, but this year he has yet to begin planting because of scanty monsoon rains in Maharashtra.

Like 27-year old Patil, millions of Indian farmers are hoping rains will strengthen in the next two weeks so they can grow rice, soybean, cotton, pulses and some vegetables – summer crops that account for 7.5 percent of the country’s economy.

Jul 2, 2014

Indian farmers await rains after slow start to monsoon

LASALGAON, India, July 2 (Reuters) – Pramod Patil’s 40-acre
field in Lasalgaon usually turns green around now with
germinated soybean and corn seeds, but this year he has yet to
begin planting because of scanty monsoon rains in India’s
western Maharashtra state.

Like 27-year old Patil, millions of Indian farmers are
hoping rains will strengthen in the next two weeks so they can
grow rice, soybean, cotton, pulses and some vegetables – summer
crops that account for 7.5 percent of the country’s economy.

    • About Rajendra

      "Rajendra is a commodities correspondent based in Mumbai. He has been tracking agriculture commodities along with agrochemicals and fertilisers for Reuters since 2006. He loves to report on what's changing in the city's hinterland as urbanisation gains pace in India's predominantly agrarian economy."
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