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Oilseeds

Malaysia plans to intensify collaboration with India in various industries, including palm oil

Malaysia request to India to reduce the restrictions placed on the export of certain agricultural products, such as rice and sugar during the meeting. India and Malaysia have decided to…

BASF and Pragati introduce certified traceability to bio-based footwear solutions with SuCCESS code

Sustainable Castor Caring for Environmental and Social Standards (SuCCESS) code the first global standard that certifies castor oil and its derivatives – such as bio-based polyurethane.  BASF together with the…

Cabinet approves MSP for Kharif crops for Marketing Season 2024-25

The highest absolute increase in MSP over the previous year has been recommended for oilseeds and pulses viz. nigerseed (Rs 983/- per quintal). The Union Cabinet chaired by Prime Minister…

Edible oil market witnesses a price surge amid global supply disruption

Transportation challenges, including port blockages and shipment delays, along with increased freight costs, have exacerbated the situation, adding to the overall price surge. The edible oil market has witnessed a…

Ag Ministry’s Third Advance release estimates 3288.52 LMT total foodgrain production for FY 2023-24

 Production of Wheat is estimated at 1129.25 LMT which is higher by 23.71 LMT from previous year’s wheat production. The Ministry of Agriculture and Farmers Welfare has released Third Advance…

Efforts to Dethrone Reigning King of SPICES?

Let’s unravel this latest controversy propped up against one of India’s key exports. As per the Spices Board of India the domestic spice market alone is valued at an astounding…

NK Proteins Ltd.’s report projects domestic production of vegetable oils likely to increase by 10-15% in FY24

Total imports for oil year 2023-24 is estimated to be about 16.2 MMT vs 17 MMT in the previous year. Bhavna Shah, Deputy CEO, NK Proteins Pvt Ltd made a…

U.S. Soybean Export Council’s Pitch2Fork spotlights startups leading in protein innovation

Startups from Bangladesh, India, and Pakistan took center stage to showcase their groundbreaking initiatives in protein to help achieve food and nutrition security. Right to Protein powered by the U.S.…

Godrej Agrovet posts Rs 2,134 Cr consolidated revenues in Q4 FY24

In FY24 consolidated revenues from operations increased to Rs 9,561 crores from Rs 9,374 crores in FY23. Godrej Agrovet Limited has announced its financial results for the fourth quarter and…

Agri-trade startup Hectar Global announces strategic expansion into Bangladesh market

 In the first phase of expansion, Hectar Global will focus on catering to the market demand in spices and pulses categories. Chennai based B2B cross-border agri-trade startup Hectar Global today…

US Soybean Export Council launches Soy Excellence Centre in India  

The SEC in India will offer training opportunities covering areas such as poultry, feed milling, aquaculture and soy food and beverage processing. The U.S. Soybean Export Council (USSEC) announced the…

7th edition of International Spice conference 24 to be held from March 3 to March 6, 24 in Delhi

The theme of ISC 2024 is “Shaping the Future: Trends & Insights,” focusing on emerging trends, challenges, and opportunities that will shape the spice industry in the coming years. The…

Agri-produce startup Indic Wisdom raises Rs 4 Cr in Pre-Series A round

Company plans to use the funds to boost visibility, expand distribution, and enhance production capacity.  Indic Wisdom, an agri-produce startup raised Rs 4 crores in Pre-Series A Round led by…

BASF SE and its partners publish year 7 impacts for ‘Pragati’, sustainable castor bean programme

The partners now commit to a third phase for the world’s first sustainable castor program. BASF, Arkema, Jayant Agro-Organics and implementation partner Solidaridad launched the project in May 2016. For…

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