India imports around 60% of its home requirement, the largest importer of edible oil oil. In 224, the import of pulses in the country has doubled to 6..63 million tonnes in the last year.
“We are afraid that farmers will do soybean and tour space with maize because they do not get the right prices for oilseeds,” said government officials that farmers are choosing maize for ethanol production instead of soybean.
The government’s promise to produce 5% pulses is likely to encourage farmers to select SUR, official official said.
The government has fixed the minimum support (MSP) per quintal for soybeans, but prices are 5% to 5% above this level since the start of the new marketing year in October 224.
“Despite the fact that cooking oil prices are relatively higher than last year, soybian prices have ruled under the MSP due to low soybean meal,” said Atul Chaturvedi, Executive Chairman of Asian Palm Oil Aliyas, “he said,” he said. Dry grain soluble, crushed maize produce, soybian dining prices are suppressed by soybian crushing. “The soybean area area is 2% low and the tour is 5% on June 20 over the past.
Due to this, Agriculture Minister Shivrajan Chauhan has been urged to engage with the farmers in the main producing state.
Chauhan promised to increase productivity per hectare to farmers, genome acquisition for improved seed varieties, to prevent new techniques, genome acquisitions to prevent mechanization due to lack of workers.
The Ministry of Petroleum has also proposed the petroleum ministry that other crops like soybean and pulses have been monitored to limit the sowing of maize in sugarcane growing areas.
After the government’s pressure to divert the maize for biofuels, the average prices of the All India Maize in the last four years have increased from 94,000-15,000 to 24,000-25,000 per ton, which are mainly for the government’s Etheron-Blend Petrol Program.
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