Late monsoon showers caused some damage to the pulses.

Ram Gopal Yadav (7 years ago)

Maharashtra farmers are forced to sell their crops below Minimum Support Price (MSP) mainly due to the late monsoon showers which caused some damage to the pulses since the government has not yet started the purchase at MSP. Maharashtra government has requested the center for the procurement of Moong and Urad under MSP as soon as possible the center delays to take a decision the state have to find a way to control the situation. The state has asked the farmers to utilize the state Commodity Mortgage Scheme, where farmers can store their produce and they provided with a warehouse receipt at an interest and can sell their produce when the price gets better.

Indonesia govt maintains crude palm oil export duty at zero for Oct.

Ram Gopal Yadav (7 years ago)

The Indonesian trade ministry has kept the export duty on crude palm oil at zero for October. In September, too, the Indonesian government had not levied any export duty. The reference price for crude palm oil for October was $740.09 per tonne, up from $697.26 per tonne for September but below the export duty threshold of $750 per tonne.