Tea prices fall 11% in Q1

Joseph B. Hash

Tea selling prices at a variety of auction centres in the country in the first quarter (Q1) of the present-day calendar fell by ten.seventy nine for each cent more than the exact period of 2019.

In accordance to the most recent information readily available with the Tea Board, the normal price at the auctions in the first quarter dropped to ₹ one hundred ten.01 a kg from ₹ 123.31 throughout Q1 of 2019.

This drop of ₹ 13.thirty a kg, marked a decrease of ten.seventy nine for each cent. The selling prices dropped in both of those North and South

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Coconut oil prices remain steady amid subdued demand

Joseph B. Hash

The absence of a sturdy upcountry demand appears to be to have led coconut oil rates to continue to be extra or a lot less steady over the past few days in Kerala and Tamil Nadu.

Traders stated the worsening Covid predicament in a lot of consuming centres, specifically in North India, has created subdued demand for coconut oil, with its rate hovering around ₹141 for each kg in the final few of days. The costs had touched ₹160 earlier. Traders attributed the diminishing demand to the closing down of resorts, cancellation of weddings and other features that had afflicted

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Firming up of prices, a sharp rise in cash-based sales impact the farm-input market

Joseph B. Hash

Firming up of prices of pesticides by 5 to ten per cent unusually significant need for fertilizers sharp increase in income-dependent revenue of each fertilizer and pesticide, replacing credit history – Covid-19 and lockdown still left a collection of effects on India’s farm-enter market place in April-May perhaps, in advance of the Kharif time.

There is disagreement as to what led to a increase in income revenue, benefiting corporations but evidence of “panic buying” can’t be dominated out.

Normally, credit history takes a direct purpose in farm enter trade. It flows from corporations to the retailer by using a distributor

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Covid-19: As milk prices fall in Maharashtra, dairy farmers feel the squeeze

Joseph B. Hash

Dairy farmers in Maharashtra have started out to feel the pinch of the lockdown with procurement selling prices of milk dipping by twenty to fifty for each cent. Drop in their profits also means decrease quantity of feed becoming presented to cattle.

Because of to deficiency of demand, farmers who employed to make processed milk solutions these as curd, butter, ghee and khoya as a cottage sector, now market milk at decrease costs in the market. Khoya is an intermediary milk item, which is employed as a raw content for earning traditional sweets.

Farmer chief and Basic Secretary (Maharashtra) of

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