The 2023-24 sugar season started in October, while the ethanol supply year (ESY) started in November
The sugarcane crushing operation in the 2023-23 season is in full swing post-Diwali across the country, trade body AISTA said on Tuesday. Sugar season runs from October to September. "The crushing operation is in full swing across the country now. All sugar factories have started the crushing," All India Sugar Trade Association (AISTA) chairman Praful Vithalani told PTI. Some mills had begun the crushing operation during mid-October. However, it picked up post-Diwali, he said. There are about more than 700 installed sugar factories in the country with crushing capacity of about 340 lakh tonnes of sugar, as per the official data. The country's total sugarcane production is estimated to be higher at 434.79 million tonnes in the 2023-24 crop year (July-June), as against 422.25 million tonnes in the previous year, as per the first estimate released by the agriculture ministry. There was an opening stock of sugar at 5.7 million tonnes as of October 1 in view of slight decline in the .
Their assumption is based on the sugarcane crushing that has taken place in major growing states in the first month and half of the 2023-24 new season
The trade body did not provide an estimate for net sugar production after the diversion of sucrose for ethanol production, but it stated that the output would exceed the country's annual consumption
State utility clears Rs 1,361 cr pending dues to Bajaj Hindusthan Sugar
The bid document was floated a few days back, and the validity of the bids was till July 31, 2024
Nearly 4.5 million households are directly associated with sugarcane farming in the state
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 is the most highly controlled commodity in the Consumer Food Price Index (CFPI) basket
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
Successful variety helped farmers and millers alike but has fallen prey to red rot disease
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
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 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
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,
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
Opposition says move will ruin farmers economically; meanwhile food secy says Centre will take a call next month on increasing sugar export quota
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
The total farm payments are expected to more than double at the end of the respective marketing cycles