Bajra acreage up 61.46% on year on good monsoon progress.

Ram Gopal Yadav (7 years ago)

India Bajra acreage was up 61.46% on year at 0.466 million hectares due to good progress of monsoon rains across major growing regions. Southwest monsoon rains have been near normal so far and according to the India Meteorological Department, the currents are likely to cover most parts of the country in the next two to three days. Typically, monsoon covers the entire country by Jul 15.

No coffee auction on cloud over GST rate, unlikely next week too.

Ram Gopal Yadav (7 years ago)

The weekly coffee auction in the city was cancelled as traders remained uncertain about the goods and service tax rate applicable on the commodity. Auction of coffee may not be conducted next week as well. Unless clarification emerges, no seller or buyer would take part. Government has only given the final draft, a gazetted order is yet to be circulated.

India coffee exports during Jan 1- Jun 28.

Ram Gopal Yadav (7 years ago)

The Coffee Board of India has finalised its crop estimate for 2015-16 at a record-high of 348,000 tonne, up from 327,000 tonne produced a year ago, but down from previous estimate of 350,000 tn. The board has estimated the output for 2016-17 at 316,700 MT tonne, down 9% on year.