BKC Aggregators: Transforming Lives, One Farmer at a Time

Addressing Surplus Rice Stocks The FCI’s warehouses are currently holding rice stocks that are nearly four times the required buffer stock. The high reserve price previously deterred purchases by ethanol distilleries and state agencies, which has exacerbated the surplus. By lowering the price, the government intends to: Alleviate excess stocks. Encourage more efficient distribution of rice to various stakeholders. Enhance the affordability of raw materials for ethanol production. Stock & Procurement As of Nov 2024, Rice stock is 440.76 LMT, against the buffer norm of 102.50 LMT. Reduction in Reserve Price of Rice under OMSS: A Strategic Step Towards Food Security and Sustainable Energy In a significant move to address the surplus rice stocks and promote sustainable energy, the Indian government has announced a reduction in the reserve price of rice held by the Food Corporation of India (FCI) under the Open Market Sale Scheme (OMSS). The reserve price has been slashed ...

In recent years, wheat prices have soared to unprecedented levels, prompting the government to implement several measures to control the surge. The government had been attempting to initiate the Open Market Sale Scheme (OMSS) since August; however, it was only successfully launched in December. In the first tender held on December 11, 100,000 tonnes of wheat were offered, out of which 99,815 tonnes were sold. Another tender held on the 26th, an offer of 100,000 tons of wheat was made, out of which 99,465 tons were sold, where another 100,000 tonnes of wheat will be offered on January 1st. The quantity of wheat to be sold under the OMSS is likely to increase in January. Last year, 3.50 lakh tonnes of wheat were sold in the second week of December, whereas this year, not even half of that quantity has been sold so far. More risk-taking traders have remained in the market for a few more weeks, while cautious players have exited at every price rise. Considering the anticipated price in...

  BKC Aggregator stands at the forefront of weather forecasting, committed to offering precise and timely updates that empower individuals, businesses, and communities to plan and prepare for any weather condition. Our team of expert meteorologists, coupled with state-of-the-art technology, ensures the delivery of accurate forecasts, keeping our clients well-informed on everything from daily weather patterns to severe weather alerts. Be it predicting heatwaves, monsoons, or unexpected weather shifts, BKC Aggregator provides the critical information needed to make informed decisions and stay ahead of the weather. As per BKC’s forecast, India is likely to experience scorching summer ahead as shown in the image below. Image of BKC Aggregator weather forecast portal Delhi In general, temperatures in North India, particularly in Delhi, are expected to exceed the 35-years average. April – June 2025 temperature forecast as issued on December 2024 As per current data Delhi will experie...

 Andhra Pradesh With the low-pressure area forming over the East Central and adjoining North Bay of Bengal on August 29. This system is expected to move west-northwest towards the southern coasts of Odisha and northern Andhra Pradesh over the next two days, bringing widespread rainfall and potentially severe weather conditions. Currently, a cyclonic circulation is present over the East Central Bay of Bengal, extending up to 5.8 kilometres above mean sea level and tilting southward. This atmospheric disturbance is a precursor to the impending low-pressure system, which could significantly alter weather patterns in the region. Heavy rainfall warning for the next five days across North Coastal Andhra Pradesh (NCAP), Yanam, and South Coastal Andhra Pradesh (SCAP). Thunderstorms with lightning are expected in isolated areas of NCAP and Yanam, along with strong surface winds reaching speeds of 30-40 km/h. From August 29 to September 2, heavy rainfall is predicted in isolated loca...

  Dhaka/New Delhi, August 8, 2024 - Bangladesh, renowned for its robust textile sector, is facing an unprecedented political crisis that threatens to disrupt its vital clothing export industry. The country's monthly apparel export, valued at $3.5-3.8 billion, constitutes a significant portion of its economy, with substantial shares in the European Union, the United Kingdom, and a 10% market share in the United States. The ongoing political turmoil, marked by the resignation of Prime Minister Sheikh Hasina amid massive anti-government protests and the subsequent takeover by an interim government led by Army Chief General Waqar-uz-Zaman, has put the textile sector in jeopardy. This crisis comes at a time when Bangladesh was expected to surpass $50 billion in annual exports in 2024, up from around $47 billion in 2023. Impact on the Global Textile Market International buyers, particularly textile importers, are closely monitoring the situation and are beginning to shift their foc...

  The current water deficit situation affecting paddy crops in West Bengal, Bihar, Jharkhand, UP, and Punjab, and its potential impact on rice yield. Despite an increase in sowing percentage compared to the previous year, deficient rainfall poses a serious threat to paddy production. The critical stages of rice growth, particularly the reproductive stage, are highly sensitive to water stress, which could result in significant yield losses if conditions do not improve.   Current Situation Government data indicates that sowing of paddy crops has increased in the current year compared to 2023. Department of agriculture and farmers welfare     However, the Indian Meteorological Department (IMD) reports a continuing deficiency in rainfall across the affected states. This water deficit could adversely impact rice yields due to the crop's sensitivity to moisture stress at various growth stages. Rainfall Deviation from Long Term Average 01 June to 04 August 2024 Curren...

  While all reports of excessive rains and recent landslides point a rosy monsoon pictures ground realities look different. Sowing data of paddy shows higher acreage in major growing area in UP, Punjab, Haryana, Bihar, and West Bengal, which together account for 51.84 % of total paddy production. Department of agriculture and farmers welfare Actual rainfall in these areas have been lower than long term average of rainfall. Rainfall Deviation from Long Term Average 01 June to 04 August 2024 Conclusion Though it is too premature to hazard a guess in eventual production, it is very likely that in those 5 states the production of Paddy in 2024 will be lower.   For more accurate weather forecast of your location and its effect on your crops download Fasal Salah App   https://goo.gl/5Yu1u9  

  Ethanol as Fuel Government has set an ambitious target of 20% ethanol blending in petrol by 2025. This is a significant move to cut down the crude import which contribute to 25% of total import in terms of value in India. As of June this year, the national average for ethanol blending was 13%, an increase from previous year of 12.1% in 2022-23 and 10% in 2021-22. The blending ratios is reaching to nearly 16% by June 2024. What is important to understand that ethanol production in India initially relied predominantly molasses, a by-product of sugar production. The policy shift to include grains as supplementary feedstocks, such as maize and damaged rice, further diversifying the sources of ethanol has very prefound effect on raw material utilization for ethanol production. With government incentivise by setting a higher ex-distillery price of Rs 71.86 per liter for ethanol produced from maize, has led to the establishment of multi-feedstock distilleries, which operate on a m...

  The Economic Survey has highlighted a significant shift necessary for smallholder farmers to boost their incomes. Traditionally, crops like rice, wheat, millets, pulses, and oilseeds have been the backbone of India's agricultural sector. However, the survey emphasizes the need for farmers to diversify into high-value agriculture, including the cultivation of fruits and vegetables, as well as engaging in fisheries, poultry, and dairy farming. This diversification is crucial for enhancing income levels and ensuring sustainable growth in the agricultural sector. The Need for Diversification India's agriculture sector has demonstrated robust growth, with an average rate of 4.18% over the last five years. This growth is crucial for the overall economic development of the country. Despite achieving record food grain production of 329.7 million tonnes in 2022-23, with oilseed production reaching 41.4 million tonnes, the sector's reliance on traditional crops poses limitati...