Page 4 - Sugarcane

Diwali bonanza: Uttar Pradesh may raise SAP for sugarcane farmers

State utility clears Rs 1,361 cr pending dues to Bajaj Hindusthan Sugar

OMCs float tender to supply 8.25 billion litres of ethanol in FY24

The bid document was floated a few days back, and the validity of the bids was till July 31, 2024

Sugarcane farm payouts to top Rs 36,000 cr in 2023-24 crushing season

Nearly 4.5 million households are directly associated with sugarcane farming in the state

Centre may hike cane-ethanol price by 3% for 2023-24 season, industry says

The 2022-23 ethanol supply year will end on October 31, a month ahead of the earlier schedule. This will align it with the sugar production season

Sugar outlook turn sweeter on prospects of higher prices due to less rain

Sugar is the most highly controlled commodity in the Consumer Food Price Index (CFPI) basket

Sugar mills urge govt for exemption from jute bags packaging rules

The request for relaxation has been made due to the increased cost associated with the use of jute bags, as well as the operational challenges they present

Co-0238, India's wonder sugarcane variety tries to get its juice back

Successful variety helped farmers and millers alike but has fallen prey to red rot disease

India's ethanol program will cap future sugar exports: BMI report

BMI says that there is currently a fast development of additional capacity to produce ethanol in India, where the biofuel is made mainly from sugarcane

Fair & remunerative price of Rs 315 per qtl for sugarcane this season: Govt

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

Govt hikes sugarcane price by Rs 10 to Rs 315 per quintal for this season

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.

No proposal to increase sugar export quota from 6 mn tonnes: Food Secy

The government is not considering any proposal as of now to increase the sugar export quota from the present 60 lakh tonnes for this marketing year ending September, Union Food Secretary Sanjeev Chopra said. The food ministry has allowed 60 lakh tonnes of sugar exports for the current 2022-23 marketing year (October-September). The country had exported around 110 lakh tonnes, an all-time high, of sugar in the 2021-22 marketing year. "The sugar production is going down by about 9 lakh tonnes, that is our estimate from the previous year. So keeping that in view, as of now there is no proposal to increase the export quota," Chopra said on the sidelines of an event on Thursday late evening. When asked that the ministry was to assess domestic production this month before deciding on further exports of sweetener, he said, "The production figures have come down. We have to see this buffer stock requirement first. And once that is met, then only we can take a call." The secretary asserted

AISTA cuts sugar production estimate to 33.5 mn tonnes in 2022-23 season

India's sugar production is projected to decline by 1 million tonne to 33.5 million tonnes in the ongoing 2022-23 season on account of lower sugarcane yields and sugar recovery, trade body AISTA said on Monday. Earlier, the All India Sugar Trade Association (AISTA) estimated sugar production at 34.5 million tonnes for the 2022-23 season (October-September). Based on revised figures, the country's sugar production, however, is likely to remain down by 2.3 million tonnes than the actual output of 35.8 million tonnes achieved in the 2021-22 season. Releasing the second estimate, AISTA said the revised estimate of sugar production excludes diversion of sucrose for ethanol making. Consequently, sugar production in Maharasthra is estimated to be lower at 11.3 million tonnes in the current season as against 13.7 million tonnes in 2021-22 season. The output in Karnataka is likely to be drop slightly to 5.5 million tonnes as against 6.2 million tonnes in the said period. In Uttar Pradesh,

India's sugar output up 5.39%, produced 25.4 mn tonnes so far this season

The association last month cut its 2022/23 output estimates by 7% from the previous forecast, as sugar cane yields in major producing states fell due to weather conditions

Farmers slam UP govt's status quo on sugarcane price for 2022-23 season

Opposition says move will ruin farmers economically; meanwhile food secy says Centre will take a call next month on increasing sugar export quota

Sugar production to fall 5% to 34 mn tonnes in 2022-23 marketing year: ISMA

India's sugar production is estimated to fall 5 per cent during 2022-23 marketing year ending September to 340 lakh tonnes as more quantity of sugarcane juice is being diverted for production of ethanol, according to industry body ISMA. Sugar production stood at 358 lakh tonnes in the 2021-22 marketing year (October-September). In a statement, Indian Sugar Mills Association (ISMA) said sugar production in 2022-23 is estimated at around 340 lakh tonnes after diversion of 45 lakh tonnes of sweetener towards ethanol manufacturing. Sugarcane juice/syrup and B-molasses are being diverted to ethanol making. In the previous 2021-22 marketing year, 32 lakhs tonnes of sweetener were diverted towards manufacturing of ethanol for blending with petrol. Based on the images of harvested and balance area, field visits, current trend of yields and sugar recoveries, ISMA has released its second advance estimates of sugar production for 2022-23. The actual sugar production in Maharashtra is estimat

Paddy, sugarcane payments top Rs 20,000 crore in Uttar Pradesh

The total farm payments are expected to more than double at the end of the respective marketing cycles

Need a balanced approach

Sugar sector's success has environmental risks

Ethanol pipeline gets Rs 16K-crore investment bid in Uttar Pradesh

According to the proposals, the companies will set up distilleries, breweries, microbrewery, malt and yeast manufacturing plants, etc.

Sugar industry MSME margins hit by flat product prices: CRISIL SME TRACKER

Globally, supply is expected to ease as output in Brazil and Thailand, both major producers, is likely to revive

Tamil Nadu farmers demand govt to distribute sugarcane through ration shops

Sugarcane farmers of Tamil Nadu have demanded that the state government procure sugarcane directly from the farmers and distribute it through ration shops during Pongal