Now, a wearable device to monitor cows’ breeding activity
Dairy technology solutions provider Prompt Equipments has tied-up with Indian Institute of Technology, Mumbai (IIT-Mumbai), to make indigenous smart wearable devices for the cattle to help the cattle-rearing community to identify crucial intervals during cow breeding.
The Ahmedabad-based company has launched a wearable belt named “BovSmart” using Internet of Things (IoT) and Artificial Intelligence (AI) technologies for timely detection of the onset of the cow’s heat cycle. Breeding cows that aren’t in heat or not at the peak of the heat cycle leads to low fertility and financial and economic loss of the owner.
DGFT suspends licence to export cashew kernels against import of shelled ones
The Directorate General of Foreign Trade (DGFT) has issued a notice dated January 1, suspending the ad hoc norms approved in July 2018 for the export of cashew kernels (whole and pieces) against the import of shelled cashew kernels.
Terming it as a ‘new year gift’ by the government to the domestic cashew industry, Subraya Pai, President of the Karnataka Cashew Manufacturers’ Association (KCMA), told BusinessLine that the DGFT’s notice suspending the ad hoc input-output norm to import ‘Broma’ kernels (shelled and unpeeled) will help small and medium cashew processors to a great extent. (Broma is a process used in cashew processing).
As skimmed milk powder prices zoom, user industries bat for the creation of buffer stock
A decline in milk procurement during winter, the peak producing season, has triggered concern about supplies in summer, a lean season. This has led to a rising demand for the creation of a buffer stock of skimmed milk powder (SMP).
SMP is a key ingredient for a host of dairy products such as liquid milk and ice-cream.
With a 7-8 per cent dip in peak season procurement this year, the Centre is meeting key stakeholders of the dairy sector on Friday amid looming threat of milk price inflation.
Cardamom auctions witness lower arrivals
Amidst lower arrivals of 65 tonnes in the two trading sessions, cardamom auction market is likely to be stable on Friday at Spices Park in Puttady.
With the fag end of the season, traders said that the market has started witnessing lower arrivals and the trend is expected to continue in the coming days. Though there were enquiries from upcountry markets, the cold wave conditions in many North Indian markets are hindering the active participation of buyers from that markets.
The market is likely to be dominated by local buyers from Tamil Nadu and Kerala, traders said, adding that there were some export enquiries as well. However, they pointed out that quality arrivals would determine the market as was seen on Friday helping the market to regain its strength in the afternoon trade after witnessing a weak trend in the morning. The local buyers and exporters helped to maintain a positive trend. The market at the same time also facing a crash crunch on account of higher price realisations in the last few days.