1. The Centre has released a draft “National Policy Framework on Agricultural Marketing” that seeks to help farmers of all categories find a market of their choice to realise the best price for their produce. The policy, an attempt to revive the scrapped farm reforms, aims to introduce agriculture reforms amid the ongoing protest by farmers to legalise MSP.

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2. The government’s offer to sell 1 lakh tonnes (lt) of wheat from official reserves in the first round of weekly e-auction under the Open Market Sales Scheme (OMSS) witnessed 1,501 processors successfully bidding for 98,700 tonnes of grain.

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3. Rice procurement in Punjab and Haryana — two key States for the Central Pool stock maintained by the Food Corporation of India (FCI) — has ended with a 7.4 per cent drop to 151.52 lakh tonnes (lt) against 163.63 lt in 2023.  The official purchase of rice from across the country reached 200.70 lt as of December 3, down by 2.4 per cent from 205.75 lt a year ago. 

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4. India’s rabi crops could face rough weather during the current winter season (December and February 2025), going by the Australian Bureau of Agriculture and Resource Economics and Sciences (ABARES).

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5. Prices of arabica parchment, the premium variety coffee, hit a record high, breaching ₹20,000 mark per bag of 50 kg last week tracking global price trends. However, rains under the influence of Cyclone Fengel across the key producing regions of Kodagu, Chikamagaluru, Hassan and Shevaroys triggered concern among growers.

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6. The Indian Government is encouraging the cultivation of high-value crops such as fruits, vegetables and maize to replace cereal crops as part of its plans to reduce stubble burning, Union Minister of State for Agriculture and Farmers’ Welfare Ramnath Thakur has said.

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