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Groundnut oil export to cross 2L tones this year

The dragon is literally guzzling groundnut oil from Gujarat. The total exports of groundnut oil to China has crossed a massive 1.10 lakh tones till the end of December as against the total export of 40,000 tons in the entire previous financial year. According to exporters, they already have confirmed orders of 70,000 tones for […]

In coming season, India may enjoy monopoly in global cumin market

Local exporters are already getting orders at $2,000-2,500 per ton from Gulf countries, said Nayak, adding, “Over the past 2-3 years, cumin production is decreasing in Syria and Turkey. Political instability in those countries also hampered their exports. Despite projected bumper crop of cumin, farmers are set to get encouraging prices for their yield as […]

Coronavirus outbreak to hit India’s cumin, sesame, groundnut oil exports

Chinese markets typically remain closed in January for Chinese New Year. This year, however, markets are yet to reopen amid precautionary measures in in view of the outbreak of coronavirus from WuhanWith Chinese markets remaining closed amid the coronavirus outbreak, commodity exports from Gujarat, especially those of cumin, sesame seeds and groundnut oil, could take a 10-15 per cent […]

Sesame seeds export to EU allowed with conditions: DGFT

The government has put certain conditions such as taking an export certificate for outbound shipments of sesame seeds to the European Union countries. Notifying the conditions, the Directorate General of Foreign Trade (DGFT), under the Commerce Ministry, said Indian Oilseeds & Produce Export Promotion Council (IOPEPC) is designated as competent authority to issue export certification. […]

35,397 tons of groundnut production target for Rangpur division

Farmers are expanding groundnut farming every year after getting repeated bumper production and lucrative market prices in the last 12 years The Department of Agricultural Extension (DAE) has fixed a record target of producing 35,397 tons of groundnut from 17,7930 hectares of land for all eight districts in Rangpur division during the current Rabi season. […]

USDA: New record for ag exports to China in 2020

The U.S. exported $26.4 billion worth of agricultural goods to China in calendar year 2020, setting a new record, according to the latest USDA trade numbers that came out Friday. That total is higher — roughly $29 billion — if other ag-related products like seafood, ethanol and forestry goods are included. Those are products not […]

India’s agriculture exports increase 17.34% at $41.25 bn in 2020-21

India’s export of agricultural and allied products in 2020-21 grew by 17.34 per cent to USD 41.25 billion, and this growth momentum is expected to be sustained in the current fiscal as well, a top government official said on Thursday. Commerce Secretary Anup Wadhawan said huge growth has been seen in the export of cereals, […]

Apeda agriculture and processed products exports jump 24% in FY21

Export of bovine meat, dairy products, nutri cereals, processed food (conventional, organic and geographical indications) products, fresh fruits and vegetables are expected to increase more during 2021-22,” M Angamuthu, chairman of Apeda, told FE.After registering a 24% increase to close to $20 billion in exports of 37 agriculture and processed products promoted by Agricultural and […]