April 3, 2024

Agriculture Industry

India asks traders to avoid buying new-season wheat to shore up state stocksedit

The Economic Times

India has asked global and domestic trade houses to avoid buying new-season wheat from local farmers to help the government-backed Food Corporation of India (FCI) procure large quantities to shore up its depleting reserves, sources said.

Depleting water levels at reservoirs signal difficult times for agri-input providersedit

Money Control

Fiscal year 2025 is beginning on an uncertain note for agriculture input providers. Water levels at 150 reservoirs tracked by the Central Water Commission have dropped to the lowest levels in five years. With monsoon rains falling short in 2023, agriculture activity in the upcoming crop season can be hit unless the state governments steps-up relief measures.

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