Categories: Business

Pick of BL commodities – March 9, 2025

1. Wheat production during the 2024-25 crop year (July-June) is expected to be 8.2 per cent higher, mainly due to higher acreage and farmers opting to sow climate-resilient varieties, according to a survey presented at the Roller Flour Millers Federation of India (RFMFI) conclave in Goa on Monday.

Read more here.

2. The European Centre for Medium-Range Weather (ECMWF) has dropped sufficient hints in its March-based long-range outlook about a likely blockbuster 2025 monsoon later for India this year. 

Read more here.

3. February continued the streak of record or near-record temperatures throughout the last two years. According to the Copernicus Climate Change Service (C3S) implemented by the European Centre for Medium-Range Weather Forecasts (ECMWF): “One of the consequences of a warmer world is melting sea ice, and the record or near-record low sea ice cover at both poles has pushed global sea ice cover to an all-time minimum.” 

Read more here. 

4. The Centre, which released a draft “National Policy Framework on Agricultural Marketing” in November last year amid the ongoing farmers’ protest in Punjab, may not pursue it further even as there has been no public opposition from any State other than Punjab. 

Read more here.

5. India is likely to lose its competitive edge of being the biggest activated carbon exporter given an acute shortage of coconut shell charcoal, the main raw material for activated carbon production.

Read more here.

6. Forward trading has left the pulses trade “bleeding” and deals are being struck defying market balance and fundamentals, traders and experts said at a virtual Agriculture Roundtable on Pulses.

Read more here.

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