Growing interest in vegetable protein will fuel demand for pulses: GPC’s Cindy Brown
Things are a bit difficult right now. Some markets have not been able to produce. For example Australia has been suffering from very, very dry conditions and when it started to rain there was flooding. They had a hard time producing the crop. In other areas, the weather situations have been difficult over the past year. North America entirely had too much of rain. India has suffered a little bit with weather issues as well.
We have seen some higher prices in pulses over the last year. You know its a supply-and-demand situation. It is a global market and as people have a few pulses they of course need to sell them for more money as their farmer yields were very poor.
Industry seeks abolition of Karnataka APMC cess on raw cashew nuts
The Karnataka Cashew Manufacturers’ Association (KCMA) has said that regulation of raw cashew nuts by the Agricultural Produce Marketing Committees (APMCs) in Karnataka has been affecting the growth of the industry in the State.
KCMA president Subraya Pai told BusinessLine that the industry would get a major boost if the raw cashew nut is deregulated from APMCs.
He said that the total production of raw cashew nuts in the State is around 50,000 tonnes per annum, as against the cashew manufacturing industry’s requirement of four lakh tonnes per annum. To meet this shortfall, Karnataka is importing raw cashew nuts from East and West Africa, to ensure round-the-year employment to the workforce of cashew manufacturing units and to sustain their operations.
Farmers’ coalition threatens agitation if India goes ahead with US trade deal
A farmers’ coalition, which represents millions of farmers nationwide, has urged the Centre to desist from negotiating an interim trade deal with the US during President Donald Trump’s India visit, saying it would be detrimental to the interests of Indian farmers.
In a letter written to Prime Minister Narendra Modi on Wednesday, Yudhvir Singh, national secretary of the Indian Coordination Committee for Farmers’ Movements (ICCFM), said the proposed $10-billion interim trade deal is a precursor to a free trade agreement (FTA) being negotiated with the US.
“We understand from reports that the American government and businesses are interested in opening up our market for wheat, corn and soya imports, in addition to an import duty reduction on cotton, chicken, apple, walnut, almonds, etc,” ICCFM said. Among others, the Naresh Tikait-led Bhartiya Kisan Union is affiliated to the ICCFM.