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    CROP PRODUCTION REPORT

    Asia Rice: Vietnam, Thai rice prices hit near two-year highs as India slips

    Vietnam and Thailand are experiencing a dramatic rise in rice export prices, reaching their highest levels in almost two years. This surge is predominantly fueled by supply uncertainties and increasing demand, notably from the Philippines.

    USDA to launch AI tool to check crop production data after errors

    After the USDA discovered errors in its corn data from September, officials determined the AI tool would have flagged the problem and decided to use it on the crop production report due on November 10, USDA Under Secretary Scott Hutchins said in an interview.

    Go Digit says IRDAI's EoM rules led to unintended rise in commission

    Goyal said that the existing Expense of Management (EoM) framework had failed to achieve its intended objective of reducing expenses, with some insurers using savings from large government and crop insurance businesses to increase commissions in retail segments.

    Sebi eases KYC norms for NRIs, OCIs, allows digital onboarding from December 3

    SEBI has relaxed KYC requirements for NRIs, OCIs and foreign nationals, allowing eligible overseas clients in FATF-compliant countries to complete onboarding digitally. The revised framework introduces video verification, electronic documents and simplified repeat KYC, effective December 3, 2026.

    Scientists mixed just 3% volcanic ash into forest soil in a UC San Diego experiment; coleus plants grew roughly three times as much as plants in untreated soil

    At UC San Diego, researchers have made an exciting discovery: adding volcanic ash to soil can significantly enhance plant growth. Their study revealed that incorporating just 3% basaltic ash not only boosts the biomass of coleus plants but also positively influences beneficial soil microbes. This finding showcases volcanic ash as a viable solution for rejuvenating poor agricultural soils, making it an effective tool for sustainable practices and carbon capture initiatives.

    Bayer CropScience Q2 profit rises 9% to Rs 166 crore despite 19% decline in revenue

    Bayer CropScience Ltd has announced an impressive 8.84% growth in net profit, totaling Rs 166.2 crore for Q2 FY27. However, total income saw a 19.4% decline year-over-year, attributed to ongoing market challenges. Factors such as unpredictable monsoon patterns have disrupted both sowing and crop protection demand. In response, the company emphasizes efficiency improvements and portfolio enhancements, while the board has declared an interim dividend of Rs 90 per share.

    The Economic Times
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