Pick of BL commodities - December 29, 2024

Last week, the rabi sowing trend showed wheat gaining at the cost of oilseeds and pulses. The Centre plans to include ethanol content norms for approving new corn varieties for commercial release, while in an interview with businessline Wadhwani CEO says farmers are gradually building trust in AI solutions. In the open sale of wheat by the Food Corporation of India, the highest bid for wheat dropped by ₹475 a quintal.  India has approached the European Court of Justice in appeal against the European Union rejecting its application for access to Pakistan’s annexure on the origin of Basmati rice while seeking protected Geographical Indication (GI) tag.

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