Country needs good yielding varieties of cotton: Niranjan ReddyTelangana Agriculture Minister S Niranjan Reddy was on a visit to the US along with his fellow ministers. During this Thursday, he discussed cotton farming and farmers in the city of Memphis with Richard Kelly and Broad Williams. He said that India now needs cotton varieties that give good yield. He also highlighted the need for suitable machinery for small land parcel farming.The minister said that scientists should research the needs of Indian agricultural conditions. Cultivable land in America is much larger than in India. He said that suitable mechanization for small holdings would benefit Indian farmers.He said that there is a need to reduce investment and increase crop production to meet international competitionReddy said that mechanized agriculture in the US allows for 30,000 plants per acre (higher density. Cultivation reduces pest problems. Cotton is grown on 1,000-5,000 acre fields in the US. With a capacity of 70,000 tons of cotton Machines are available. 52-70 hectares of cultivated cotton can be harvested in a single day. It uses about 500 gallons of diesel and costs farmers 1US$."Tennessee has been known for cultivation of cotton as a staple crop for the last 200 years. Cotton cultivation has been revolutionized in the state. Cotton cultivation in the state is about 5.5-6.5 lakh acres, which is worth billions annually. Creates lumps.Reply to Union Minister Piyush Goyal's suggestions to states on fixingElectricity meter for agricultural connection and increase of paddy cultivation,The Minister said that the Center should take a strict stand on installation of electricity metersAgriculture Connection.
U.S. EXPORT SALES FOR WEEK ENDING 30/06/2022 Cotton: Net sales of 37,400 RB for 2021/2022 were down 22 percent from the previous week and 57 percent from the prior 4-week average. Increases primarily for Turkey (14,700 RB, including decreases of 15,100 RB), Vietnam (13,200 RB, including 2,200 RB switched from South Korea and 400 RB switched from Japan), China (10,000 RB, including 100 RB switched from India), Peru (2,600 RB), and Taiwan (1,300 RB), were offset by reductions primarily for Thailand (2,500 RB), South Korea (2,200 RB), and India (1,300 RB). Net sales of 381,900 RB for 2022/2023 were primarily for Pakistan (98,700 RB), Turkey (95,500 RB), Bangladesh (66,100 RB), Vietnam (47,900 RB), and China (22,000 RB). Exports of 377,800 RB were up 4 percent from the previous week and 7 percent from the prior 4-week average. The destinations were primarily to China (106,900 RB), Vietnam (58,800 RB), Turkey (51,500 RB), Pakistan (45,200 RB), and India (23,800 RB). Net sales of Pima totaling 900 RB for 2021/2022 were up 19 percent from the previous week and 9 percent from the prior 4-week average. Increases were primarily for Thailand (600 RB), Italy (200 RB), and Malaysia (100 RB). Net sales of 5,500 RB for 2022/2023 were reported for Turkey (3,300 RB), India (1,300 RB), and Germany (900 RB). Exports of 10,500 RB were up 64 percent from the previous week and 41 percent from the prior 4-week average. The destinations were primarily to China (3,900 RB), Vietnam (1,900 RB), Thailand (1,700 RB), India (1,500 RB), and Ethiopia (500 RB). Optional Origin Sales: For 2021/2022, options were exercised to export 2,100 RB to Vietnam from the United States. The current outstanding balance of 12,700 RB is for Vietnam (10,200 RB) and Pakistan (2,500 RB). Export for Own Account: For 2021/2022, new exports for own account totaling 16,600 RB were to Vietnam (10,900 RB) and China (5,700 RB). Exports for own account totaling 5,200 RB primarily to Vietnam (4,000 RB) were applied to new or outstanding sales. The current exports for own account outstanding balance of 50,100 RB is for China (31,400 RB), Vietnam (13,900 RB), and Indonesia (4,800 RB).
India backward in sowing of Kharif cropIndia has lagged behind in sowing of Kharif crops for the year 2022 as compared to last year. In fact, according to the data released by the Ministry of Agriculture and Farmers Welfare, summer crops were planted in 40.67 million hectares till July 8, 2022. Which is 9.3 percent less than a year ago. Experts believe that due to unequal distribution of rains, farmers have lagged behind in planting major Kharif crops like rice, maize, soybean. However, good rains are expected in the next week and farmers have chances to recover the sown crops.Summer sown crops are sown in the monsoon months of June and July, while harvesting begins in October. The ministry said that about 7.2 million hectares were planted with rice, which is significantly less than the 9.5 million hectares last year. If there is not enough rain in these areas in the next few days, there may be a decline in the area and yield.India has received normal rainfall since the start of the monsoon season on June 1, but major rice-growing regions have received 46 per cent less rainfall. In July, the most important month for planting summer crops, India is likely to receive monsoon rains between 94% and 106% of the long-period average, the Meteorological Department said last week. The dealer said sowing has picked up pace in the southern and central states in the last few days following good rains in the region.With India being the world's largest exporter of rice, and accounting for over 40% of global rice trade, a reduction in production could force New Delhi to curb rice exports. Soybean was planted in about 54 lakh hectares, which is 22 percent less than a year ago. Corn was planted on 3.18 million hectares, and was down 24%. Sowing of sugarcane and cotton remained almost unchanged in 5.3 million hectares and 8.5 million hectares respectively.
Brazil's apparel and textile exports from Egypt increased by 138 percent in 4 yearsBrazil and Egypt are actively engaged countries to promote bilateral trade. In 2017, Egypt signed a free trade agreement (FTA) with Argentina, Brazil, Paraguay and Uruguay. Since then exports between Egypt and Brazil have seen a three-fold increase. Talking about exports in the Apparel and Textile Industry itself, Brazil's exports from Egypt have grown by 138 percent in the last 4 years.The FTA also encouraged the export of Egyptian apparel and home textile products to Brazil. Egyptian apparel exports to Brazil were just $0.944 million in 2017, rising to $2.281 million in 2020 and $2.249 million in 2021. Following the implementation of the FTA, Egypt's exports to Brazil increased from $155 million in 2017 to $541 million in 2021, as the agreement provided access to a number of strategic goods at competitive prices.Egypt is actively engaged with Brazil to promote bilateral trade in various sectors including textiles. The Free Trade Agreement (FTA) between Egypt and the MERCOSUR countries (Argentina, Brazil, Paraguay and Uruguay), which came into force in 2017, plays an important role in promoting trade between Egypt and Brazil. Exports have jumped 3 times since FTA.In textiles, Egypt's exports to Brazil stood at $1.158 million in 2017, rising to $3.507 million in 2020 and $9.223 million in 2021, according to Texpro.
IMD forecast heavy to very heavy rain in many states till July 13, alert issued - View Latest ForecastStates like Himachal Pradesh, Uttarakhand, Odisha, Chhattisgarh, Madhya Pradesh, Maharashtra, Gujarat, Kerala, Coastal Andhra Pradesh, Telangana and Karnataka are predicting heavy rains during this week. It has been raining continuously for the last four days in Maharashtra.The India Meteorological Department (IMD) on Friday predicted heavy to very heavy rainfall in many states during the next five days. It also said that a cyclonic circulation is extending up to upper troposphere level over South Jharkhand and adjoining areas. Under its influence, a low pressure area is likely to form over the same area during the next 24 hours.Here's the detailed rain forecast till July 13States like Himachal Pradesh, Uttarakhand, Odisha, Chhattisgarh, Madhya Pradesh, Maharashtra, Gujarat, Kerala, Coastal Andhra Pradesh, Telangana and Karnataka are predicting heavy rains during this week. It has been raining incessantly in Maharashtra for the last four days and the Met Office has issued a red alert for Mumbai for the next 24 hours.For Gujarat, the Met Office has predicted very heavy rainfall till 11th July, while Madhya Maharashtra is likely to receive rain on 10th and 11th; Coastal Karnataka on the 9th; Coastal Andhra Pradesh on 8th and 11th; Telangana on 8 and 11; South Interior Karnataka on 8th; West Madhya Pradesh on 8 and 10; East Madhya Pradesh on 11th; and Chhattisgarh on July 11.The IMD has predicted heavy to very heavy rainfall in Himachal Pradesh and Uttarakhand on July 8 and 9. There is a possibility of extremely heavy rainfall in Uttarakhand on Saturday (July 9). SK Sharma, senior scientist at IMD in Shimla, said on Friday that his office has issued an orange alert for Kangra, Mandi, Sirmaur and Solan districts for July 8 and 9. He said that heavy rain warning has been issued for Shimla, Bilaspur, Hamirpur and Una. Districts He said that the rain activity would continue for the next 4-5 days.The Meteorological Department has forecast scattered rain and thundershower activity during the week over East Uttar Pradesh and West Uttar Pradesh, Punjab, Haryana, Chandigarh, Delhi and Rajasthan on Friday (July 8). Rain is likely to increase in these areas for two days from Saturday.Isolated heavy rain is likely over Punjab, Haryana, Chandigarh on 8th and 10th, West Uttar Pradesh on 8th-10th, Rajasthan on 8th and 10th July. Heavy to very heavy rainfall is also likely over North Punjab and North Haryana, Chandigarh and North Punjab. South Rajasthan on July 9, 2022," the IMD said in its daily update.In addition to this, extremely heavy rainfall is likely over South Odisha and South Chhattisgarh and North Coastal Andhra Pradesh during July 12-13 due to a low pressure area likely to form over Odisha coast during the same period, IMD said.
Rupee weakens by 8 paise against dollarToday evening, the rupee closed at Rs 79.25 with a loss of 8 paise against the dollar.Sensex rises, closes by 303 pointsToday the stock market closed sharply.Today, where the Sensex rose by about 303.38 points, closed at the level of 54481.84 points.On the other hand, Nifty closed at the level of 16220.60 with a gain of 87.70 points.
ALL INDIA COTTON SOWING AS ON 08.07.2022
Rupee depreciates against dollar, breaks 6 paiseRupee opened with weakness today against the dollar in the foreign exchange market. Today the rupee opened with a weakness of 6 paise at Rs 79.24 against the dollar. At the same time, the rupee on Thursday closed at Rs 79.17 with a gain of 13 paise against the dollar.Sensex rises further, opens up 332 pointsToday the stock market opened with great momentum. Today the BSE Sensex opened with a gain of 331.51 points at the level of 54509.97 points. On the other hand, the Nifty of NSE opened with a gain of 97.20 points at the level of 16230.10 points.
All India Weather Forecast for July 08, 2022Weather systems made across the countryThe Low Pressure Area is over Northeast Arabian Sea and adjoining South Pakistan. The associated cyclonic circulation extends up to 5.8 km above mean sea level and is moving towards southwest with elevation.The axis of Monsoon trough is passing through a low pressure area over South Pakistan and Northeast Arabian Sea, moving towards Deesa, Bhopal, Ambikapur, Jharsuguda, Puri and then southeastwards towards Bengal.An Offshore Trough is extending from Gujarat Coast to Karnataka Coast.A Cyclonic Circulation has formed over North Odisha and adjoining Chhattisgarh.The East West Share John is approximately 20 degrees north with latitude running between 3.1 and 5.8 km above sea level.Weather movement across the country during the last 24 hoursDuring the last 24 hours, moderate to heavy rains occurred over South Gujarat and Konkan and Goa.Light to moderate rain with isolated heavy rain occurred over Coastal Karnataka, Saurashtra and Kutch and South Madhya Pradesh. And in Telangana, light to moderate rain accompanied by heavy rain occurred at one or two places.Mizoram, Tripura, Andaman and Nicobar Islands, Lakshadweep, Coastal Tamil Nadu, Chhattisgarh, parts of Jharkhand, Gangetic West Bengal, remaining parts of Madhya Pradesh, remaining parts of Gujarat, East Rajasthan, Uttarakhand and Himachal Pradesh, North-West Uttar Pradesh It rained light to moderate.Western parts of Rajasthan, parts of Haryana, isolated parts of Punjab, southwest Uttar Pradesh, parts of Bihar, sub-Himalayan West Bengal, Sikkim, rest of Northeast India, interior Tamil Nadu, interior Karnataka and coastal Andhra Pradesh It rained lightly.Weather activity likely during next 24 hoursDuring the next 24 hours, moderate to heavy rains are possible over North Konkan and Goa and South Gujarat.Light to moderate rain with isolated heavy falls very likely over Odisha, Chhattisgarh, Telangana, Interior Maharashtra, South Madhya Pradesh, remaining parts of Gujarat, South Rajasthan, foothills of Uttarakhand, Himachal Pradesh and Coastal Karnataka.Light to moderate rain at isolated places over Kerala, Lakshadweep, Andaman & Nicobar Islands, North Interior Karnataka, Jammu Kashmir, North Punjab, North Haryana, remaining parts of Chhattisgarh and Sikkim.Light rain is possible at one or two places over Gangetic West Bengal, Northeast India, West Bengal, parts of Jharkhand, South India Karnataka, Coastal Andhra Pradesh, Rayalaseema, Tamil Nadu, Western parts of Rajasthan and Northwest Uttar Pradesh.
Golden is the future of the textile industry Discussion with Kiran Bhandari, owner of Aurangabad's ginning factoryAccording to one information, the garment industry is such an industry that directly and indirectly provides employment to 27 percent of the population in the country. It is clear from this that the future of this industry is very bright. Farmers from all over the country have been attracted towards cotton cultivation this year due to the price of cotton that the farmers got last year. Talking about Aurangabad itself, this time around 25 percent cotton sleeping has increased here. Some ginners have also made good profits, although the profit making ginners remain only 10 to 15 per cent as most of the giners are unable to stock the goods due to rising prices. This information was given by Jinar Kiran Bhandari of Osmanpura, Aurangabad.Due to low demand, the price decreasedIn a special conversation with SIS, Kiranji told that there are many farmers in our area who are doing cotton cultivation this time except soybean and sugarcane. Farmers are confident that this year also they will get good profits from cotton. However, looking at the current scenario, it is being estimated that this time the price of cotton in our area should remain around Rs 7500 or so. A major reason for the fall in prices is the fall in consumption and demand.Proper chain system between seller and buyerBeing a Xiner, he told that the biggest problem for the Xiner is the lack of a proper business channel between the buyer and the seller. Gener, whether small or big, takes the help of a broker to sell his goods. In such a situation, when the price of cotton bales is high, then all the goods are sold, but when the prices are low, the mills return the goods many times. In such a situation, a Xiner has to bear a big loss and in this whole process he is dependent only on the broker.Industry will benefit ifGovernment should cancel RCM.There should be a proper channel between buyer and seller.Labor cost should be a little cheaper.
CRupee 13 paise stronger against dollarRupee closed at Rs 79.18 with a gain of 13 paise against the dollar this evening.Sensex rises 427 points todayToday the stock market closed sharply.Today, where the Sensex rose by about 427.49 points, closed at the level of 54178.46 points.On the other hand, Nifty closed at the level of 16132.90 points with a gain of 143.10 points.
Rupee opens 23 paise stronger against dollarRupee opened with strength today against the dollar in the foreign exchange market. Today the rupee opened with a strength of 23 paise at Rs 79.07 against the dollar. At the same time, on Wednesday, the rupee strengthened by 7 paise to close at Rs 79.30 against the dollar.Sensex rises by 453 pointsToday the stock market opened with great momentum. Today the BSE Sensex rose by about 453.18 points to open at the level of 54204.15 points. On the other hand, NSE's Nifty rose by 136.70 points to open at the level of 16126.50.
All India Weather Forecast for July 07, 2022Weather systems made across the countryA Low Pressure Area is persisting over Gujarat region and adjoining areas. The associated cyclonic circulation extends up to 5.8 km above mean sea level and is moving towards southwest with elevation.The axis of Monsoon trough is now moving eastwards into the Bay of Bengal, passing through the low pressure area over Gujarat, passing through Indore, Pendra Road, Gopalpur.Offshore Trough is extending from Gujarat Coast to Maharashtra Coast.A Cyclonic Circulation lies over Northwest Bay of Bengal.Weather movement across the country during the last 24 hoursDuring the last 24 hours, Monsoon remained vigorous over Gujarat Coast and over Konkan & Goa. Gujarat, including Mumbai and suburbs, and coastal areas of Konkan and Goa witnessed moderate to heavy rains.Active Monsoon conditions continued at isolated places over Kerala, Coastal Karnataka, parts of Telangana, South Madhya Pradesh, Uttarakhand, Himachal Pradesh, South Rajasthan, Odisha and South Assam. These areas received light to moderate rain with heavy rainfall at a few places.Light to moderate rain occurred at isolated places over Lakshadweep, Andaman and Nicobar Islands, Andhra Pradesh, Rayalaseema, Interior Karnataka, parts of Marathwada, Vidarbha, Interior Odisha and Sikkim and Jharkhand.Light rain occurred over North Punjab, North Haryana, parts of Central and West Rajasthan, Gujarat region, Madhya Maharashtra, North Madhya Pradesh, rest of Northeast India and isolated light rain at one or two places over West Uttar Pradesh.Weather activity likely during next 24 hoursDuring the next 24 hours, moderate to heavy rains are likely to continue over parts of Konkan and Goa Coastal Karnataka and Gujarat.Light to moderate rain with isolated heavy rain is likely over Madhya Pradesh, Vidarbha, North Madhya Maharashtra, remaining parts of Gujarat, South Rajasthan, parts of Kerala and Odisha, Chhattisgarh, Telangana, Himachal Pradesh and Uttarakhand.Light to moderate rain is possible over Lakshadweep, Andaman and Nicobar Islands, Interior Karnataka, Coastal Andhra Pradesh, Northeast India, Sikkim, Jammu and Kashmir and northern parts of Punjab and Haryana.Light rain is possible over Delhi, West Uttar Pradesh, Jharkhand, Gangetic West Bengal, remaining parts of Tamil Nadu and Rajasthan.
Rupee 7 paise stronger against dollar*Rupee closed at Rs 79.30 with a gain of 7 paise against the dollar this evening.Today the stock market closed sharply.Today, where the Sensex closed at the level of 53750.97 points with a gain of 616.62 points.On the other hand, Nifty closed at the level of 15989.80 points with a gain of 178.90 points.
Rupee opens 8 paise stronger against dollarRupee opened with weakness today against the dollar in the foreign exchange market. Today the rupee opened with a strength of 8 paise at Rs 79.29 against the dollar. At the same time, on Tuesday, the rupee closed at Rs 79.37 with a weakness of 42 paise against the dollar.Sensex rises further, opens up 265 pointsToday the stock market opened with great momentum. Today the BSE Sensex rose by about 265.08 points to open at the level of 53399.43 points. On the other hand, the Nifty of NSE opened with a gain of 60.40 points at the level of 15871.30 points.
All India Weather Forecast for July 06, 2022Weather systems made across the countryThe low pressure area which was over eastern parts of Chhattisgarh and Madhya Pradesh now remains over central parts of Madhya Pradesh. The associated cyclonic circulation extends up to 5.8 km above mean sea level and is moving towards southwest with elevation.The axis of Monsoon trough is passing through a low pressure area over Bikaner, Kota, Madhya Pradesh, Jharsuguda, Puri and then towards east-central Bay of Bengal.Weather movement across the country during the last 24 hoursDuring last 24 hours, Monsoon remained vigorous over South Gujarat, Konkan & Goa, Coastal Karnataka and Andaman & Nicobar Islands. These areas received moderate to heavy rains and one or two places received very heavy rains.Light to moderate rain occurred at isolated places over many parts of Madhya Pradesh, parts of Gujarat, Kerala, Lakshadweep, Vidarbha, Marathwada, Coastal Odisha and Assam.Light to moderate rain occurred over Nagaland, Manipur, Mizoram, Tripura, parts of Uttarakhand, Himachal Pradesh, Jammu and Kashmir, Chhattisgarh, Telangana, Interior Odisha and North Punjab and light to moderate rain at one or two places over Rajasthan.Light rain occurred over East and Southwest Rajasthan, West Bengal, parts of Jharkhand, Interior Tamil Nadu, Interior Karnataka, Coastal Andhra Pradesh and rest of Northeast India.Weather activity likely during next 24 hoursDuring the next 24 hours, moderate to westerly westerly winds will continue over the west coast of the country, leading to heavy rains.Monsoon is expected to remain active over West Madhya Pradesh, Gujarat, Konkan & Goa, Coastal Karnataka and parts of Kerala. Moderate to heavy rain is possible in these areas.Light to moderate rain with isolated heavy falls very likely over South Chhattisgarh, parts of Telangana, Vidarbha, Marathwada, North Madhya Maharashtra, South Rajasthan, Andaman & Nicobar Islands. Light to moderate rain with one or two heavy rains may occur over Odisha.Light to moderate rain is possible over Northeast India, Sub-Himalayan West Bengal, Sikkim, Interior Odisha, remaining parts of Chhattisgarh, East Madhya Pradesh, South Jharkhand, remaining parts of Telangana, Lakshadweep, Uttarakhand, Jammu and Kashmir and Himachal Pradesh.Light rain is possible over Interior Karnataka, Tamil Nadu, parts of Northwest Uttar Pradesh, Punjab and Haryana.During the next 3 to 4 days, there is a possibility of floods in Mumbai and suburbs.
India extends deadline for duty free cotton imports to Oct. 31India has extended deadline to import cotton without paying import taxes until Oct. 31 from the earlier cut-off date of Sept. 30, the government said in a notification, as the sowing of the fibre crop delayed in some regions due to patchy monsoon rainfall.The world's biggest producer of the fibre had allowed duty free imports in April after local prices jumped to a record high because of a drop in the production and following rally in global prices.India mainly imports cotton from the United States, Brazil and Egypt.
The area of cotton increased, but for good yield, it is necessary to get the right amount of water.Exclusive conversation with Vishal Ojha, a cotton broker from Hanumangarh, RajasthanAttracted by the rising prices of cotton, this time the farmers have increased the area under cotton cultivation, but for its good yield in Rajasthan, it is necessary to get the right amount of water to the crop. If Punjab continues to provide water through the canal system, then there is a possibility of a good crop to a great extent. Along with this, the yield of the crop also depends on good rains. The cotton cropping cycle in Upper Rajasthan is 160 days. During this, if there is a total of 7 to 8 good rains, then the crop is very good. This information related to Upper Rajasthan was given by Vishal Ojha, a cotton broker of Hanumangarh.In a special conversation with SIS, he told about many things related to cotton in his area. He told that when I started the work in 1994, there used to be thousands of cotton pressings, but now in Hanumangarh, lakhs of pressings have started. It is clear from this that the demand in this industry is increasing continuously with time and along with this, this industry is also growing in Rajasthan.Talking about the textile industry, Hanumangarh currently has 18 to 20 factories and 2 to 3 new factories are yet to start. The policy of the government in Rajasthan is such that if one cotton factory is set up, then a subsidy of 5 to 6 crores is available. This is the reason that after the ban on commission, gradually the workers of commissions have also started setting up factories.He said that in Hanumangarh and Ganganagar new crop usually starts coming from the second week of September. Our area receives maximum 3.50 lakh crops, but last year due to lack of water first, then due to unseasonal rains and some diseases, the crop suffered a lot. Due to which the crop last year was only 2.59 lakhs.This time farmers have shown great interest in cotton cultivation. Paddy farmers have also planted cotton on 5 to 10 bighas of land. That is why it is expected that in the new season the crop will also come between 3 to 3.15 lakhs. As far as the price is concerned, this season Narma has been sold here for Rs 14 thousand. It is being estimated that the prices of Narma will remain up to Rs 11,000 when the new crop arrives.
Rupee weakens by 42 paise against dollarToday evening, the rupee closed at Rs 79.37 with a loss of 42 paise against the dollar.stock market fall todayToday the Sensex closed at the level of 53134.35, down 100.42 points. On the other hand, the Nifty closed at a level of 15810.90, down by 24.50 points.
GUJRAT COTTON -2022 Season Sowing Report As On 04 July 2022