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The National Seed Association of India asked the government not to cut cottonseed prices for the coming kharif season, arguing higher production costs. It warned that a reduction could cause seed shortages after a government committee recommended lowering the Bollgard-II seed price by Rs 60.
Seed pricing policy affects cotton planted area and therefore cottonseed availability for crushing, but the direct effect on meal prices is limited.
thehindubusinessline.comKV KurmanathMar 8, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
