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On July 4, 2018, the Government of India (GOI) approved a significant increase in the minimum support prices (MSPs) for the kharif (fall harvested) crops for the 2018/19 season.
FAS India forecasts MY 2018/19 cotton production at 28.7 million 480 lb. bales on 11.85 million hectares.
On July 2, 2018, the Ministry of Commerce and Industry issued a notification extending the quantitative restrictions (QRs) on imports of peas by another three months until September 30, 2018.
Organized retail continues consolidation with larger players expanding through acquisition. Domestic and international retailers are building stronger cash and carry wholesale businesses.
Pakistan’s imports of oilseeds are expected to exceed edible oil imports for the first time ever in marketing year 2017/18, reflecting the growing importance of oilseed meals....
The Government of Kazakhstan replaced its Minister of Agriculture on December 15, 2017.
Pakistan continues to make significant progress towards implementing a full-fledged biotechnology and seed regulatory structure that is expected to facilitate the introduction of new seed....
Soybean area and production levels for MY 2018/19 (July-June) are projected to increase to 80 thousand hectares (HA) and 152 thousand metric tons (MT) respectively, due to a switch from Boro rice....
MY 2017/18 raw cotton production is projected at 135,000 bales based upon favorable weather and expansion of American Upland cotton planted area.
Pakistan’s marketing year 2018/19 cotton production is forecast at 8.8 million 480 lb bales, up 500,000 bales from the revised 2017/18 estimate.
After a record harvest of 98.5 million metric ton (MMT) last year, India’s MY 2018/19 (April/March) wheat production is forecast lower at 94 MMT on lower planting, still a record fourth highest crop.
The Government of Pakistan has authorized an export subsidy of up to $159 per metric ton to facilitate exports of up to 2 million metric tons of wheat.