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India's government gazetted a Rs 60 cut in the Bollgard-II cottonseed packet price to Rs 740, while the Bollgard-I price stayed at Rs 635. Seed industry groups and Mahyco Monsanto objected, and NGOs called for non-GM options as farmers face bollworm concerns.
Lower seed costs may help farmers and planting, but industry pushback and supply concerns create uncertainty for cottonseed availability in the coming season.
thehindubusinessline.comKV KurmanathMar 13, 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.
