Breaking News

You are here » Indian-Commodity  :  Commodities  :  Cashew  :  Rise In Cashew Rates Save Goa Growers


Rise In Cashew Rates Save Goa Growers

The lower supply of cashew kernel in Goa this season, because of unseasonal rainfall as well as temperature, has grown their rates, ultimately gaining the cashew farmers in state. Cashews are now being marketed at Rs 82 each kg compared to Rs 60 per kg a year ago.

The cashew growers suffered the brunt of unseasonal rainfall and inconsistent heat this season, when cashew plants were possibly purged away with rainfall or burned by temperature.

Satish Tendulkar State Agriculture Director stated the projection of cashew output, that was higher for the duration of the preliminary days of the growing season, dropped because of normal elements.

The output of cashews, that was meant to touch the normal mark of 25,000 lots this season, will now barely achieve 22,000 loads. The time of year will come to an finish quickly.

Related News

View all news

Cashew kernel exports fell by 25% in April-September period

The exports of cashew kernel right from the beginning of the current fiscal has been showing a declining trend on account of high price of raw nuts. Cashew exports fell by 25% to 36,895 tonnes valued at......

India's Cashew export falls during April -July 2016

India's Cashew export falls sharply in April -July 2016 by 24% in volume and 14% in value from that of the corresponding period last fiscal.During the period, total shipments fell to 24,833 tons valued......

Cashew Nut Rates Up 20%

Cashew nut rates in the Palasa Kasibugga current market have raised by over 20 % for the duration of......

Top News

View all news

SRF, NIIT Technologies and United Bank of India to see some action today

SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......