Cotton output in Haryana is estimated to rise by 12% on year to 2.0 mln bales (1 bale = 170 kg) in the 2021-22 (Jul-Jun) kharif season because of higher yield. Cotton yield is seen rising to 500 kg/ha from 419 kg/ha a year ago, according to the first advance estimate shared by the senior state farm official. India's merchandise exports rose 45.2% year-on-year to $33.14 bln in August, according to preliminary data released today by the commerce and industry ministry. The recently launched National Mission on Edible Oil – Oil Palm holds significance as demand for edible oils in the country is expected to reach 20 mln tn by 2030, CARE Ratings said in a report. Spices Board of India has cancelled all the cardamom e-auctions at Puttady in Kerala till Sep 9 on the directions of the Disaster Management Authority, Idukki. The average price of 25% broken non-basmati rice exported from India was fell marginally in August to $361.3 a tn, the United Nations Food and Agriculture Organization said in a report. In July, the average export price was $363.0 a tn. Canada's farm agency has revised its average price forecast of dry peas and lentils for 2021-22 (Aug-Jul) upwards due to a sharp fall in carry-over stocks, Agriculture and Agri -Food Canada said in its report for September.
Source:moneycontrol.com