Sugarcane Price

Centre's move to allow 1.5 million tonnes of sugar exports offers relief to a stressed sector grappling with ethanol allocation cuts, cane price hikes, and growing political pressure

With farmers' protesting in the northern districts of Karnataka, demanding a fair price for their produce, the Karnataka government has decided to fix the price Rs 3,300 per tonne of sugarcane, yielding a recovery of 11.25 per cent, Chief Minister Siddaramaiah said on Friday. The CM also appealed to protesting sugarcane farmers to cooperate accepting the new price, and withdraw the agitation. Sugarcane farmers' protest at Gurlapur Cross in Mudalagi taluk of Belagavi district demanding a procurement price of Rs 3,500 per tonne of sugarcane entered ninth day on Friday. It has also spread across various parts of north Karnataka districts like Belagavi, Bagalkote, Vijayapura, Haveri among others. With the protest intensifying, CM Siddaramaiah called for a meeting with farmer leaders and representatives of sugar factories on Friday. "The Deputy Commissioner (DC) and Superintendent of Police (SP) of Belagavi district had offered Rs 3,100 per tonne of sugarcane yielding a recovery of 10.2

Millers say the hike will raise costs and squeeze margins; opposition calls it inadequate, while the state claims the 8% rise will add Rs 3,000 crore to farmers' income

The Yogi Adityanath government raises the state advised price of sugarcane by ₹30 per quintal, benefiting 4.5 million farmers and boosting income by ₹3,000 crore

The Haryana government on Sunday said it has announced a bonanza for sugarcane farmers on the eve of Diwali with a hike in rates for their crops up to Rs 415 per quintal. Chief Minister Nayab Singh Saini announced a gift to sugarcane farmers on Diwali, an official statement said, adding the state government has decided to provide farmers with the highest sugarcane rates in the country. The rate for early varieties has been increased from Rs 400 per quintal to Rs 415 per quintal, while the price for late varieties has been increased from Rs 393 per quintal to Rs 408 per quintal, it said. "With this significant decision, the Haryana government has taken a historic step by offering the highest sugarcane price in the country -- a major move aimed at enhancing farmers' income and ensuring their economic prosperity," an official statement said. This price hike is a Diwali gift for sugarcane farmers, recognizing their hard work and dedication while strengthening their economic condition,

The government on Wednesday decided to increase the Fair and Remunerative Price (FRP) of sugarcane by 4.41 per cent to Rs 355 per quintal for the upcoming 2025-26 season beginning October. A decision in this regard was taken in the meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi keeping in the interest of sugarcane farmers. For the current 2024-25 season, the FRP of sugarcane has been fixed at Rs 340 per quintal. FRP is the minimum price mandated by the Government of India that sugar mills are legally obligated to pay sugarcane farmers for their produce. Briefing media after the CCEA meeting, I&B Minister Ashwini Vaishnaw said the FRP of Rs 355 per quintal has been approved for a basic recovery rate of 10.25 per cent. The government has also decided that there will not be any deduction in the case of sugar mills where recovery is below 9.5 per cent. Such farmers will get Rs 329.05 per cent for sugarcane in the ensuing 2025-26 ...

The Uttar Pradesh Sugarcane Development Department on Thursday said it has set the gross value output (GVO) target of Rs 1,41,846 crore for the financial year 2025-26, with an aim to contribute towards Chief Minister Yogi Adityanath's goal of making the state a USD 1-trillion economy by 2030. The department's action plan for 2025-26 focuses on boosting sugarcane cultivation and allied industries while reducing reliance on government support, the state government said on Thursday. "The action plan reflects the department's commitment to increasing GVA contribution from Rs 1,09,461 crore in 2023-24 to Rs 1,03,038 crore from sugarcane and Rs 38,808 crore from jaggery production by 2025-26," it said in a statement. To achieve this, the department has outlined key strategies, including increasing the average sugar recovery rate from 9.56 per cent to 10.50 per cent, ensuring timely sale of 91.54 lakh quintals of sugar in 2025-26 to prevent financial losses from delays, expanding the stora

Sugar prices led December's monthly decline, dropping 5.1 per cent month-on-month thanks to improving sugarcane crop prospects in the main producing countries to stand 10.6 per cent below its December

The production could fall to around 27 million metric tons from the last year's 32 million tons and below annual consumption of more than 29 million tons, said India head of a global trade house

Sugar mills have paid Rs 8,126 crore to sugarcane farmers in the first 70 days of the ongoing 2024-25 sugar season, Food Minister Pralhad Joshi told Parliament on Wednesday. As of December 13, the total cane price payable stood at Rs 11,141 crore, Joshi said in a written reply to the Lok Sabha. Pending payments of Rs 3,015 crore remain, with Karnataka accounting for the maximum outstanding dues of Rs 1,405 crore, followed by Uttar Pradesh and Maharashtra. The sugar season in India runs from October to September. Joshi attributed the reduction in sugarcane arrears to ongoing policy interventions. In the previous 2023-24 season, out of total cane dues of Rs 1,11,674 crore, approximately Rs 1,10,399 crore has been paid, leaving only Rs 1,275 crore outstanding as of December 13 - effectively clearing 99 per cent of the dues.

The fall in prices is prompting industry to demand immediate revision in minimum selling price (MSP) to limit losses, which will improve mills' margins and allow them to make timely cane payments

More than 12 lakh sugarcane cutters from Marathwada, north Maharashtra, and Vidarbha could miss their opportunity to vote in the upcoming state assembly elections on November 20. With the cane crushing season set to commence on November 15, lakhs of cutters from various districts have already migrated to the sugarcane belts in western Maharashtra and many other states, according to the Maharashtra Sugarcane Cutters and Transport Association. The association has approached the Aurangabad High Court Bench, seeking directions to the Election Commission to ensure that this large group of voters is not deprived of their right to exercise their franchise. However, the West Indian Sugar Mills Association, claimed that proper arrangements would be made to send the workers to their hometowns to get their fingers inked on November 20. In their petition, Jeevan Rathod, president of the Maharashtra Sugarcane Cutters and Transport Association, said that 12-15 lakh cutters from Marathwada, north

The 121 operating mills in UP, with a combined cane crushing capacity of 0.84 million tonnes (mt) crushed per day (TCD), have so far crushed 98 mt of the cash crop, producing 10.33 mt of sugar

4.5 mn farmers in the state are directly dependent on the crop; price raised ahead of national elections

Punjab Chief Minister Bhagwant Mann on Friday hiked the sugarcane price by Rs 11 per quintal, saying the new rate of Rs 391 a quintal is the highest in the country. However, farmers said the appreciation in cane price is "too meagre" and termed the state government's move as "betrayal". The price hike came days after the chief minister assured farmers of "good news" in the coming days. "With an increase of Rs 11, the new rate will be Rs 391 per quintal, which will be the highest in the country," Mann said in a post on social media platform X. According to an official statement issued later, Mann said in Punjab Rs 11 is considered as a 'shubh shagun' (good omen) so his government has given this gift to the farmers. Mann further said that he has fulfilled the promise he had made during his recent meeting with the farmers. Earlier, farmers held protests demanding an increase in sugarcane price from Rs 380 per quintal to Rs 450 per quintal. After the CM's announcement, farmers' ...

Punjab Chief Minister Bhagwant Mann on Friday announced a hike of Rs 11 per quintal in sugarcane price, saying the new rate of Rs 391 a quintal is the highest in the country. The announcement came days after the chief minister assured farmers of "good news" in the coming days. "With an increase of Rs 11, the new rate will be Rs 391 per quintal, which will be the highest in the country," Mann said in a post on social media platform X. Earlier, farmers held protests demanding an increase in sugarcane price from Rs 380 per quintal to Rs 450 per quintal. On Friday last week, farmers held a demonstration on a national highway in Jalandhar but decided to end their stir after Mann's assurance. "As far as increasing the rate of sugarcane goes, Punjab has always been ahead," Mann had said last week. Protestors under the banner of Samyukt Kisan Morcha had blocked the Jalandhar-Phagwara section of the Jalandhar-New Delhi National Highway near Dhanowali village. The strike ended on the four

According to the Sugarcane (Control) Order of 1966, FRP is the minimum price that sugar mills have to pay to sugarcane farmers

In the current sugar season, mills purchased approximately 335.3 million tons of sugarcane, worth more than Rs 1.11 trillion

The government on Wednesday increased the Fair and Remunerative Price (FRP), the minimum price that mills have to pay to sugarcane growers, by Rs 10 to Rs 315 per quintal for the 2023-24 season starting October. The decision to increase the FRP of sugarcane was taken in the meeting of the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi. The FRP of sugarcane has been fixed at Rs 315 per quintal for the 2023-24 season. "The Cabinet has increased the FRP of sugarcane to Rs 315 per quintal for 2023-24. Last year, FRP of sugarcane was Rs 305 per quintal," Information and Broadcasting Minister Anurag Thakur told reporters after the cabinet meeting. The Prime Minister has always been with "annadata". The government has given priority to agriculture and the farmers, he said. The FRP of sugarcane, which stood at Rs 210 per quintal in 2014-15 season, has now been increased to Rs 315 per quintal for 2023-24 season, he added.

The MSP of sugar was last revised a few years back