Election results in the onion belt increases hopes of industry and farmers for more farm friendly policies

Election results in the onion belt increases hopes of industry and farmers for more farm friendly policies

Farmers and the industry expect the new government to increase import duty on cooking oils to support soyabean prices, remove export duty on onions, and take cautious stand on the demand for import of maize and wheat. Inspired by the onion farmers, others have started demanding policy measures to support soyabean and milk prices.“Soyabean prices … Read more

Malaysia surpasses Indonesia to become India’s top palm oil supplier

Malaysia surpasses Indonesia to become India’s top palm oil supplier

Malaysia has surpassed Indonesia to become the biggest crude palm oil (CPO) exporter to top consumer India in 2020/21, after Indonesia imposed heavy taxes on exports of the edible oil last year, industry officials told Reuters. Malaysia’s palm oil exports to India surged 238% to 2.42 million tonnes in the first seven months of 2020/21 … Read more