Prices of oilseeds and edible oils jumped by up to 3.5 per cent in spot and futures on Monday, due to apprehension of lower supply after an increase in the Customs duty, to curb cheaper import.
The strengthening rupee and low international prices, combined with a duty differential favouring import of refined edible oils, had led to immense pressure on the domestic industry, with many crushing and refining facilities on the verge of closure.cent crude crushing duty edible oil import oil refined refining seed
The on Friday announced increase in on both crude and refined edible oil, a demand that the domestic seed crushing and refining industry had been making over the past several months.
But, a marginal increase is unlikely to make a difference for consumers.cent crude crushing domestic duty edible import oil refined seed
In a major disappointment for new entrant farmers, crop has come under severe pest and attacks in major producing states, which is sparking fears of a sharp decline in India's fibre this season.
If this estimate proves true, farmers who shifted from pulses and edible oilseeds to sow for better realisation would certainly get disappointed with a possible decline in their income this year due to low output.attack cent crop damage farmers Gujarat ha India Maharashtra seed
Hybrid seed manufacturers have opposed the decision of the Protection of Plant Varieties and Farmers’ Rights Authority (PPVFRA) to dispense with the requirement of the (NoC) from the trait developer for with genetically modified (GM) traits. The Authority had obtained a legal opinion that indicated that the NoC stipulation was contravening the legal provisions, giving undue advantages to trait developers such as Biotech (MMBL).MMBL is a 51:49 per cent joint venture between American biotech company Inc and Indian company Maharashtra Hybrid Company Ltd (Mahyco), which licenses the GM insect-resistance trait in cotton.Biotech companies GM NoC requirement rights seed trait varieties variety
Both and producers have agreed to cut prices in a recent meeting with the officials of the Ministry of Agriculture. While companies have obliged the government with 10 per cent price cut, companies agreed to roll back a recent price increase.cent companies cut due government retailers Roll sale season seed
Dow Chemical (NYSE: ) and DuPont (NYSE: ) said that Brazil's Administrative Council for Economic Defense (“CADE”) has conditionally approved their proposed $130 billion mega-merger. These include certain seed processing plants and seed research centers, a copy of Dow AgroSciences' Brazilian corn germplasm bank and a license for the use of the Dow Seeds brand for a specific period of time.board closing companies consumer continue directors Dow merger planned seed
The government is expected to soon allow commercial release of three genetically modified (Bt) and indigenously developed varieties of cotton seed, for the first time.
Officials said the seeds (called PAU-1, RS 2013 and F-1861) had been recommended for commercial release by the (ICAR).BG cent cotton grown India off patent produced Rs seed
Sunflower seeds and products made from them are often contaminated with a toxin produced by molds, report researchers.
In a new study, a team of scientists documented frequent occurrence of aflatoxin—a toxin produced by Aspergillus molds that commonly infect corn, peanuts, pistachios, and almonds—in sunflower seeds and their products.aflatoxin CAKE contamination Health increased poses published seed sunflower worldwide
We are initiating coverage on Arix Bioscience PLC (LON: ) following its February 2017 IPO that raised £113m. Arix is a new transatlantic life sciences portfolio company drawing from managerial expertise at all levels of the pharma industry to engage in opportunities ranging from seed investing to public equity.accelerators agreements Arix asset established First partnerships Pharma Science seed
Monsanto (NYSE: MON) has been a controversial company for a long time, as many people disapprove of the company's advances in agricultural technology over the years. Yet as demand for food rises, Monsanto has seen increased interest in many of its products, and coming into Wednesday's fiscal second-quarter report, investors of the seed and agricultural productivity giant expected to see solid growth.earnings growth Monsanto Motley Fool profit sales seed segment stock year
The Centre has kept the of genetically modified (Bt) cotton seeds for 2017-18 unchanged at Rs 800 per 450g packet. The ‘trait value’ (fee charged by seed research companies from license holders) has also been retained at Rs 49, which includes all taxes.BG cent Indian license Mahyco packet Rs seed sub trait
When we were bullish meat markets we always said “people gotta eat”. Innovation happens from seed genetics, to farming practices, to machines, to the factories that process food right down to packaging and the way we distribute it.factories farming food genetics innovation machines packaging practices seed wine
After months of negotiating and three raised buyout offers, Bayer AG (NASDAQOTH: BAYRY) finally won the prize it had been seeking: Monsanto (NYSE: MON) . Not only do shares of Monsanto currently trade at a 18.75% discount to the offer price of $128 per share -- implying little faith on Wall Street that the deal will, in fact, close -- but the rationale for the merger itself is also questionable at best.Bayer chemical combined Fool market Monsanto Motley regulators seed tale