Breaking News

You are here » Indian-Commodity  :  Commodities  :  Potato  :  Potato production to be close to 100 LT in 2018 season

31-Jan2018

Potato production to be close to 100 LT in 2018 season

The production of potato in the 2018 season is likely to be close to 100 lakh tone (LT) compared to production of 110 LT recorded in 2017. As per West Bengal Coal Storage Association president Patit Paban De, the drop in production in the current season can be attributed to lower acreage of potato cultivation by five per cent.

However, there would be no major jump in potato price this year, despite the shortfall, since as of January 1, 2018, the state government already has a carryover stock of close to 9 LT. Also, there will be no major impact on production of potato despite delayed sowing due to disruptions caused by bad weather.

Further, a meeting is scheduled on February 19 with the stakeholders for the government's strategy regarding potato production and pricing.



Related News

View all news

Potato production to be close to 100 LT in 2018 season

The production of potato in the 2018 season is likely to be close to 100 lakh tone (LT) compared to production of 110 LT recorded in 2017. As per West Bengal Coal Storage Association president Patit Paban......

Ministry approves procurement of one lakh MT of potatoes under MIS

The Ministry of Agriculture and Farmers Welfare has approved the procurement of potato under Market Intervention Scheme (MIS) in Uttar Pradesh for the crop season 2016-17. A maximum quantity of 100,000......

Potato futures trade up on increased demand

Potato futures traded up on MCX as speculators enlarged positions amid increased spot demand against restricted arrivals from producing regions. However, the government's curbs to improve availability......

Top News

View all news

Onward Network Technologies increases stake in Onward Technologies

Onward Technologies' promoter Onward Network Technologies has purchased 32,000 equity shares of the company through open market purchase for an amount of Rs 22,84,730. The transaction was executed during......

TCS features as leader for Life Sciences R&D Strategic Consulting Services

Tata Consultancy Services (TCS) has been named a leader for the second consecutive time, in the IDC MarketScape for Worldwide Life Science R&D Strategic Consulting Services. The company has extensive......

Vakrangee enters into distribution agreement with Aditya Birla Housing Finance

Vakrangee has entered into a distribution agreement with Aditya Birla Housing Finance, which shall offer distribution of Home Loan and other related products through Nextgen Vakrangee Kendras. This tie-up......