ARTICALS 1 #agri

SANTOS, BRAZIL — COFCO International has entered a strategic framework agreement with Mengniu Group subsidiaries Modern Farming and China Shengmu Organic Milk to supply 1.5 million tonnes of certified sustainable soybeans from Brazil to China.

The Indian government is actively considering ending the duty-free import of masur (lentil) even before March 31, which is the deadline of the sop provided to importers to bolster domestic stock. The notification on the duty is likely to be issued next week after an inter-ministerial panel approves the proposal, sources said. However, it is not immediately known if import duty will be levied on chana (gram).