Avanti Feeds


(Growth_without Debt) #1799

Odisha begins evacuation as Cyclone Titli inches towards coast
https://timesofindia.indiatimes.com/india/cyclone-titli-odisha-begins-evacuation-to-hit-coast-at-530-am-tomorrow/articleshow/66152531.cms?utm_campaign=andapp&utm_medium=referral&utm_source=whatsapp.com
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This will hit hard on Aqua culture


(Growth_without Debt) #1800

Anu update from management/local guys …about impact of Titli cyclone and rain on Aqua culture?


(Growth_without Debt) #1801

Wheat and Soyabin price will remain strong
https://www.spglobal.com/platts/en/market-insights/latest-news/agriculture/101118-usda-cuts-estimate-for-2018-19-domestic-soybean-production-by-3-million-bushels

https://www.spglobal.com/platts/en/market-insights/latest-news/agriculture/081318-usda-cuts-global-wheat-production-estimate-to-72963-mil-mt-for-2018-19


(nil_71) #1802

This data is wrong.

Avanti sources entire stuff domestically and price is hovering around 28-30 Rs per kg. My comments r based on data only


(sarmams) #1803

GoI’s MSP for soya is a misincentive (along with China’s decision to cut import duty on Soya imports from India), which I expect to drive more increase in Soya Crop acreage in India. So,I expect soya prices to come down (already down by 25-30% from yearly highs).