Media Monitor
Agriculture Industry
Wheat and corn prices ride the Ukrainian rollercoasteredit
The Economic Times – Online
The crisis between Ukraine and Russia, two of the world’s biggest wheat and corn producers, has sent the commodities’ prices on a wild ride — with anything from a diplomatic statement to rumor of a maritime blockade roiling markets. Usually much less volatile than stocks or oil, agricultural commodities are now often subject to spectacular spikes and drops. “The market doesn’t know nuance: Either it’s war and it goes up, or it’s peace and it goes down,” said Gautier Le Molgat, an analyst at Agritel. The grains’ markets turned around three times in less than 24 hours this week: First on the Russian foreign minister’s optimistic tone Monday, then on news of the United ...
CLAAS Global Mentions
Tracks bring multiple benefits to forage harvestersedit
Agriland – Online
‘Tracks with everything’ has been rapidly developing into something of a mantra within the agricultural machinery industry. There are good reasons for this; ever increasing machine weight and the growing concern for soil structure and health combine to focus attention on reducing the ground pressure exerted by vehicles. Claas has long been a champion of nurturing the soil by the replacement of wheels with tracks on its heavier equipment, and in 2018 it introduced the Terra Trac concept to its range of Jaguar forage harvesters. This month saw the 100th Jaguar equipped with tracks come off the production line. Destined for North America, it is the larger of the two models available with 925hp on tap.
100th Claas Jaguar TT tracks off production lineedit
Farmer’s Journal – Online
Launched only three years ago, the 100th CLAAS Jaguar Terra Trac forage harvester to be produced, which is destined for the US, recently rolled off the production line at Harsewinkel, Germany. Having entered full production at the end of 2018 after its 2017 Agritechnica preview, Claas has now manufactured its 100th Terra Trac (TT) Jaguar forager. The unit in question rolled off the production line on 4 February at the Harsewinkel plant in Germany. The TT option remains only available on the firm’s Jaguar 960 (625hp) and flagship 990 (925hp) models. Interestingly, over 90% of models sold are the flagship 925hp 990 variant.
Govt. Policies
Agriculture Minister Launches Mobile Agri Knowledge Centre in Gwalioredit
Krishi Jagran – Online
Agriculture and Farmers Welfare Minister Narendra Singh Tomar launched the ‘Shashwat Bharat Krushi Rath,’ a mobile knowledge centre, in Gwalior, Madhya Pradesh, to raise farmer awareness of globally recognised sustainable, natural, and chemical-free farming methods. According to the statement, the plan is to move the mobile centre across the country. The ‘Shashwat Bharat Krushi Rath’ will travel across India’s villages in the coming months, according to the company. “The rural world is much more than agriculture, but it is agriculture that has the most impact on the rural space and whose products allow us all to live, rural and urban alike.” We are confident that this initiative will be a model project that will improve ...
Paddy in India
Govt procures record 44.91L MT paddyedit
The Times of India – Online
Bihar made a record procurement of 44.91 lakh metric tonne (MT) paddy against the target of 45 lakh MT in the Kharif marketing season 2021-22. February 15 was the last date for procuring paddy on the minimum support price (MSP) in the state. “In the last Kharif marketing season, the state had procured 35.58 lakh MT paddy against the target of 45 lakh MT,” a cooperative department official told TOI on Wednesday. While reviewing the paddy procurement works through videoconferencing on Wednesday, CM Nitish Kumar expressed happiness over the record procurement and said the farmers got the benefits of MSP from the decentralised process of procurement. “I congratulate the cooperative department for this ...
Number of farmers benefiting from paddy purchases up 80% in six yearsedit
Business Standard – Online
While delivering her Budget speech for FY23 earlier this month, Finance Minister Nirmala Sitharaman had claimed the procurement of wheat and paddy in the 2021-22 rabi and kharif marketing seasons is expected to total about 121 million tonnes benefiting around 16.3 million farmers. She added that an MSP value of around Rs 2.37 trillion would be transferred directly into the bank accounts of farmers by way of this procurement. The FM’s claims generated a lot of debate in social media and elsewhere, with a section claiming this means that over the past few years.
Tractor industry
India’s First Electric Tractor to be Exported to Mexicoedit
The Times of India – Online
India’s first electric tractor maker, Cellestial E-Mobility has inked a sales distribution and marketing partnership with a Mexican company, Grupo Marvelsa. The Mexican company already has a huge network of 800 service centres, 2,500 dealerships as well as 35 vehicles in its fleet. The Hyderabad-based E-tractor manufacturer claims to support eMobility and is ready to make a change in the automobile industry by marking its footprint overseas. The electric tractors made by the company will be mainly used in Airport GSE, goods carrier and Agricultural sectors. Cellestial E-Mobility Founder and CEO, Siddhartha Durairanjan said, “We found tremendous strategic and International marketing synergy with Grupo Marvelsa, besides, export sales. Further, we are exploring to ...