Download - BDS Cstro Seed
-
8/6/2019 BDS Cstro Seed
1/64
Castor Seed Co-operative MovementA New Outlook & New Vision in Co-operative Movement
from North Meridian Finance corporation .. Mumbai
-
8/6/2019 BDS Cstro Seed
2/64
-
8/6/2019 BDS Cstro Seed
3/64
Seasonality
Castor is aperennialcrop butgrown as anannualfor economicpurpose.
Castorgrows well in tropicalconditions. Itgrows best inheat andhumidity.
Thecropduration is 4-5 months.
The arrivals in themarket startfrom Januaryonwards tillmid ofMay.
-
8/6/2019 BDS Cstro Seed
4/64
Seasonality2
InIndia, it is sown in July/August andharvesting
commences around December/January.
The seeds are thendried, de-podded, baggedand brought to themarket yardsfor trading.
The arrivals in themarket startfrom December
onwards.
-
8/6/2019 BDS Cstro Seed
5/64
Seasonality3
-
8/6/2019 BDS Cstro Seed
6/64
Processing of Castro Seeds
Castor seedharvested from field is dried till the
pods open.
Seeds arehulled byusing de-hullers or byhandto remove the seed from thepod.
Seed contains about 50 percent of oil by weight.
These seeds are cleaned, cooked and driedprior
to extraction.
-
8/6/2019 BDS Cstro Seed
7/64
Processing of castor seeds.2
The first stage of oil extraction ispre-pressing,using ahighpressure continuous screwpress called the expeller.
Extracted oil is filtered, and thematerialremoved from the oil is fed back into the streamalong with freshmaterial.
Material finally discharged from thepress, calledcake, contains 8 to 10 percent oil.
-
8/6/2019 BDS Cstro Seed
8/64
Processing of castor seeds3
The first stage of oil extraction isprepressing,using ahighpressure continuous screwpress called the expeller.
Extracted oil is filtered, and thematerialremoved from the oil is fed back into the streamalong with freshmaterial.
Material finally discharged from thepress, calledcake, contains 8 to 10 percent oil. It is crushedinto a coarsemeal, and subjected to solventextraction withhexane orheptane.
-
8/6/2019 BDS Cstro Seed
9/64
Process flow chart
-
8/6/2019 BDS Cstro Seed
10/64
Uses
Castoroilanditsderivativesareextensivelyusedinthemanufactureof
Surfactants
Specialty soaps
Coatings
Lubricants Plastizers
Paperinks
-
8/6/2019 BDS Cstro Seed
11/64
International Scenario
Global castorseedproduction is almoststagnantaround 10-14 lakh tonnes in thepast 7-8 years.
Output touched all timehigh of15 lakh tonnesduring 2005 asproductionhassignificantlyincreased inIndia.
Yieldhasdrasticallydeclinedduring 2006 andreflected in total output.
-
8/6/2019 BDS Cstro Seed
12/64
International Scenario2
India is largestproducer ofcastorseed andconstitutes about 64% of totalglobal
production.
Any changes in area andyield inIndiahas
major impact onglobal castor output.
-
8/6/2019 BDS Cstro Seed
13/64
International Scenario3
-
8/6/2019 BDS Cstro Seed
14/64
Global castor oil consumption
AlthoughIndia produces major percentage ofcastor oil, itsdomestic consumption is limited.China is the major consumer ofcastor oil, whichconsumes about one third of total production.
Other major consumers are Europe, India andBrazil.
-
8/6/2019 BDS Cstro Seed
15/64
Global castor oil consumption
-
8/6/2019 BDS Cstro Seed
16/64
Indian Scenario
Castorseedproductionhasgradually increasedinthepastfewyears. India recordedhighestoutputofnearly 10 lakhtonnes during 2005
with increasedyields.
Area is almoststagnant inthepastfewyears,however, increasedyields ofcastorseed
contributedtohigher output.
Castorseedhas recordedhighestyield of1216kgperhectare inpreviousyear.
-
8/6/2019 BDS Cstro Seed
17/64
Indian Scenario2
Thesufficient rainfall and irrigationsourcesespecially in Gujarathave improvedtheyield inIndia.
Cultivation ofcastorseedmainly confinedtowesternstateslike Gujaratand Rajasthan bothtogether contributes 87% tototalproduction.
Gujarathasthelargestshare inIndiaproductionwith 71% followed by Rajasthan (16%).
-
8/6/2019 BDS Cstro Seed
18/64
Indian Scenario3
-
8/6/2019 BDS Cstro Seed
19/64
Indian Scenario4
-
8/6/2019 BDS Cstro Seed
20/64
Export-castorseedoil byIndia
Indiaislargestexporterofcastorseedoilasit
islargestproduceroftheseed.
Annuallyitexportsabout1.8-2.0 lakhtonnesofcastorseedoilandreceiveshugeforeignearnings.
Exportvolumeshavemarginallydeclinedinthepastthreeyears evenasoutputhasincreasedduringsameperiod.
-
8/6/2019 BDS Cstro Seed
21/64
Export-castorseedoil byIndia2
Appreciating Rupeehasaffectedthe exportquantities, however, higher exportpricesprovidedmore earningsintermsofvalue.
India exportsmorethan 80% oftotalcastorseedoutputintheformofoil.
Onlythrough Mumbaiand Kandlaportsand2007-08 datatill March 2008
-
8/6/2019 BDS Cstro Seed
22/64
Export-castorseedoil byIndia3
-
8/6/2019 BDS Cstro Seed
23/64
Export-castorseedoil byIndia4
Castorseedmealisanothermajorderivativeofcastorseed exported byIndia.
Thisoilmeal exportshaveincreased 4-5 timesinthepastfiveyears.
India exportedrecordoilmealof3,30,475
tonnesduring 2007-08 upfrom 65,550 tonnesshippedin 2003-04.
-
8/6/2019 BDS Cstro Seed
24/64
Export-castorseedoil byIndia5
-
8/6/2019 BDS Cstro Seed
25/64
Current production scenario
Gujarat islargest producer ofcastor seed inIndia and othermajor producers are Rajasthanand Andhra Pradesh.
It contributes about 70% of total domesticoutput. Output is estimated around 9.09 lakhtonnes in 2007-08, up by 16% from previousyear.
Yieldhas been increasing significantly alongwith area especially in Gujarathas resulted intobumperharvest of the croplastyear.
-
8/6/2019 BDS Cstro Seed
26/64
Current production scenario2
Area under castor seedhas increased bywhooping 26% in 2007-08 to 3.54 lakhhectares.
Gujarathashighestyieldwith 1838 kgs perhectares.
Higher rainfalllastyearmainly inwestern partsof thecountry and improved irrigationfacilities in
these twomajor statesled to sharp rise inoutput.
Gujarathas about 20 castor seed processingmills andmajorhubfor castor seed industry.
-
8/6/2019 BDS Cstro Seed
27/64
Current production scenario..3
-
8/6/2019 BDS Cstro Seed
28/64
Market influencing factors
Sowing andprogress of south-westmonsoon inwesternparts of the country
Production of castor seed inIndia and also inChina and Brazil
Arrivalspattern in spotmarkets
Exportdemand forIndian castor oil and exchangerate
Prices of other edible oils
-
8/6/2019 BDS Cstro Seed
29/64
Price analysis
Castor seedpriceshave rallied by about87% inthe lasttwo years andtouched alltimehighofRs.525 per quintal. Priceswere almost rangebound around Rs.250-350 priorto 2006. Bullishtrend startedfrom secondhalfof2006 andprices never saw back.
Strong exportdemandfor castoroil and bullish
tone inotheroils including crudeoil, soyoil andmustardoil supportedthe sharp rise inprices.Soyoilpriceshavegained by around 85% andcrudeoilpricesmovedup bymorethan 70% in
the sameperiod.
-
8/6/2019 BDS Cstro Seed
30/64
Price analysis2
-
8/6/2019 BDS Cstro Seed
31/64
Factors to be watched out
Production during 2007-08 has been estimated
at 9.09 lakh tonnesincreased by 16%comparedtolastyear
Gujaratislargestproducer withproduction of6.5 lakh tonnesin 2007-08 andmajor hubforcastor seedindustry
Carryforward stocks werenegligible due tolowoutputlastyear
-
8/6/2019 BDS Cstro Seed
32/64
Factors to be watched out2
India has exported 1.7 lakh tonnes ofcastorseed oilin 2007-08 compared to 1.9 lakhtonnesinlastyear (till March 2008)
Prices havegained by 46% inlast oneyearExport demand remain strong especiallyfromChina
Export earnings have affected by appreciatingRupeein thelast oneyear
Exportprices are quoting around $1400 per MT(FOB)
-
8/6/2019 BDS Cstro Seed
33/64
Price outlook
Currentlypricesare quotingaround Rs.500-520per quintal inmajormandis ofGujaratandRajasthan. Arrivalsare likely todeclinefromMaymonth onwardsfrom currently level of
90000 bags(75 kgs).
Pricesare likely to remainfirm inshort termandmay touch Rs.580-600 levels inshort term tomedium termdue to lowarrivalsandhigher
exports.
However, pricesare likely to comedownsharplyfrom Rs.600 levels in long termassowing begin
from June-July.
-
8/6/2019 BDS Cstro Seed
34/64
Price outlook2
Pricesmay comedown towards Rs.450 levels bySeptember October.
Recommended buying June NCDEX contractaround Rs.525-535 for target ofRs.580-600(keepstop loss below Rs.490 ifmarketfails tomove up).
Sellingpositions can be takenaround Rs.580-600 (farmonth contracts) for long termholdingasprices turns bearishaftersowingstarts.
-
8/6/2019 BDS Cstro Seed
35/64
New Ventures : Contract Farming
It is an initiative wherein, educating thefarmers about betterfarming techniques.
Assisting thefarmers in sourcing goodquality ofhybrid seeds, fertilizers andfinancefrom the banks.
The area under contractfarming isconsistently increasing, and over thelast18 months,
-
8/6/2019 BDS Cstro Seed
36/64
Programes & Schemes : Agri-implements Subsidies
-
8/6/2019 BDS Cstro Seed
37/64
Programes & Schemes : Agri-implements Subsidies2
-
8/6/2019 BDS Cstro Seed
38/64
Programes & Schemes : Agri-implements Subsidies3
Title : Assistance to National Agriculture Cooperative
Marketing Federation of India. (NAFED)
Type : Central Sector
Objectives : To strengthen financial position of NAFED for
increasing its business activities in marketing ofagricultural produce through state federations,
primary cooperative marketing societies etc. for
providing better prices to growers.
Salient features : This scheme also enables NAFED to undertake price
support operations, market interventions,
commercial purchases. It helps NAFED to play aneffective role in providing market support both
internally as well as promotion of exports.
Pattern of
Assistance :
100% per cent loan to the NCDC for passing on the
same to the NAFED.
-
8/6/2019 BDS Cstro Seed
39/64
Programes & Schemes : Agri-implements Subsidies4
Title Assistance of National Cooperative
Federations.
Type Central Sector
Objective Financial Assistance to National Cooperative
Federation for promotion and development of
research & survey of projects.
Salient features Promotion of Technical & Consultancy
Services, Intensification of field studies,
research and statistical activities,
improvement of infrastructural
facilities/office buildings/ premises.
Pattern ofassistance
90% grant is provided by the CentralGovernment and remaining 10% is borne by
the Federation.
Eligibility Federation comprising by and large of
cooperative for weaker sections or
predominantly with promotional role
suffering from the constraints of inadequate
resources.
-
8/6/2019 BDS Cstro Seed
40/64
Programes & Schemes : Agri-implements Subsidies5
-
8/6/2019 BDS Cstro Seed
41/64
Programes & Schemes : Agri-implements Subsidies6
-
8/6/2019 BDS Cstro Seed
42/64
Programes & Schemes : Agri-implements Subsidies7
-
8/6/2019 BDS Cstro Seed
43/64
Offering Castor seeds Exports
Specification of CastorSeed
1.Foreign Matter-2.0%
2.Damaged DiscoloredSeeds-5.0%
3.Immature, Shriveled and Dead seeds-2.0%
4.Broken seeds-0.5%
5.Other Oil seeds-0.5%
6.WeevilledSeeds-1.0%
7. Moisture-5.0% max
8. Oilcontent: between 48-49%
-
8/6/2019 BDS Cstro Seed
44/64
Major Trading Centres
Themajorcastor seedmarkets in
Gujarat -
Rajkot, Ahmedabad,
Gondal, Gadwal,
Bhabar, Disa, Kadi
Andhra Pradesh
Jedcherla
Yemignoor.
-
8/6/2019 BDS Cstro Seed
45/64
MarketInfluencing Factors
Variations in castor see d domestic acreagebased onyield and price realization,
Crop development based onmonsoonprogress
in key growing regions
Chinese and Brazilian crop size Comparativeprice with other vegetable oils in the domesticmarket,
Upcountry demand of castor oil from themajorcities, Export demand of castor oil fro m US,Europe and Japan
-
8/6/2019 BDS Cstro Seed
46/64
MarketInfluencing Factors2
The castor seed price tends to fir m up duringtheplantingperiod and easesdownduring theharvesting period. Prices ten d to show inter-seasonalvariation of almost Rs 200 - Rs350 per
quintal.
Castor seed growers an d crushers hoard thecommodity before selling in expectation ofbetter prices. Castor oil too can be ke pt in
containerswithout spoilage for longperiod.
-
8/6/2019 BDS Cstro Seed
47/64
GuidinglightofIndia'sCo-
operativemovement
IndiaislandofCo-operatives.
NCDCreported 5,00,000 Co-operatives
withmembershipof207 millionpeople.
43.7% of AgricultureCredit
60.5% ofSugarproductioncapacity
20% ofSpinningmillcapacity 30% ofFertilizermarket
-
8/6/2019 BDS Cstro Seed
48/64
GuidinglightofIndia'sCo-operativemovement2
Co-operativepossess Rs.1,16,555 millionasShareCapital
ValueofAsst& WorkingCapital Rs.13,21,246.63million
WorkingCapital Rs.16,53,128 million
-
8/6/2019 BDS Cstro Seed
49/64
GuidinglightofIndia'sCo-operativemovement3
Share in National Economy
Rural NetWork (VillagesCovered) 100%
AgricultureCreditDistributed 46.3%
Sugar Produced (7,062 mn. tones) 54.95%
Retail Far PriceShop (1,25,200) 28%
Milkprocurementtomarketablesurplus 10%
Handloom 55%
Storage Facilities (Village PACS) 62.5%
-
8/6/2019 BDS Cstro Seed
50/64
PrinciplesofCo-operation
Voluntary & Open Membership
DemocraticmemberControl
Member Economic Participation Autonomy &Independence
Education Training &Information
Co-operationamongCo-operatives
ConcernforCommunity
-
8/6/2019 BDS Cstro Seed
51/64
ProblemsofCo-operatives
Poorperformance & Lossoffinancialviabilities LackofProfessionalmanagement Excessivegovernmentcontrol & Political
interference. Lackofgoodleadership Lossoffocusontheprimeobjective &growing
alienation Poor boardmanagementrelation
Lackofperformance based RewardSystemandpoorwork environment
Unlimitedand Limited Liability
-
8/6/2019 BDS Cstro Seed
52/64
Castor Seed Co-operativeMovement Why?
Must beingIndias highest share inworldmarket
Attaining highest yield by technology orientedCastrofarming.
Co-ordinatingwithfarmers to organise themforbetter earningwith bigger pool to strengthenthem incompetitiveglobal marketfor sustainedgrowth.
AdditionalIncome apartfrom other agri produceand milk.
Professional management
-
8/6/2019 BDS Cstro Seed
53/64
Castor Seed Co-operativeMovement Advantage
Pooling together higheryield, betterbargaining power, morecost effective,better technology, more earnings etc.
Sustained growthwithlong termperspective
Quantitative & Qualitative productionforbetter marketability in organised sector.
Better market being varied application
Dealingwithcorporatefor markethencedealingwith organised market
-
8/6/2019 BDS Cstro Seed
54/64
-
8/6/2019 BDS Cstro Seed
55/64
Castor Seed Co-operativeMovement Feasibility
Comprehensiveusage ofgovernment machineryunder theco-operative sector.
Pooling ofvariousgovernment incentive
collectively to betteruse and rapidgrowth. Creating better share inworld marketwith
organised export. Collective bargaining. Collectivefunding tocrate bettercapital
structure to strengthen thefinancial base. Better scope ofDiversification andgrowth
-
8/6/2019 BDS Cstro Seed
56/64
Castor Seed Co-operativeMovement Financial Matrix
Collective bulk capital creation Collectiveusage ofgovernment subsidiesfor
cost effectiveness.
Availability ofself-employed entrepreneurhumanworkforce. Associatewith international co-operative
organistionwith involvementforeign equity toorganise internationally
Exposer to international commodity market Adding better value to GDP ofnation Creating Social entrepreneurship
-
8/6/2019 BDS Cstro Seed
57/64
MedicinalProperties and Benefits
A poultice ofcastor seeds can beappliedwithgratifyingresultstogoutyandrheumaticswellings. Adecoctionof
therootsofcastorplantwithcarbonateofpotashisusefulinthetreatmentoflumbago, rheumatismandsciatica. Apasteofthekernelwithoutthe embryo,
boiledinmilk, isalsogivenasamedicineintheseconditions.
-
8/6/2019 BDS Cstro Seed
58/64
MedicinalProperties andBenefits2
Castor oil is aharmless purgative. Itsimply passes out after completing itspurgative action, making the patient feel
amild irritation in the anus at that time.Administering of castor oil as a purgativeisvery simple. About30 to 60 grams ofpure odorless castor oil isgiven orally
with 250 to375 grams of lukewarmmilk.It acts just after anhour.
-
8/6/2019 BDS Cstro Seed
59/64
MedicinalProperties andBenefits3
A poultice of castor leaves isusefulas an external application of boilsand swellings. Coatedwith some
bland oil such as coconut oil andheated, thehot leaves can beapplied overguinea-worm sores toextract theworms. A poultice of
castor seeds is also applied toscrofulous sores and boils due totuberculosis of lymph nodes.
-
8/6/2019 BDS Cstro Seed
60/64
-
8/6/2019 BDS Cstro Seed
61/64
MedicinalProperties andBenefits5
Castor oilmassaged over the body, before bath,keeps the skinhealthy and imparts sound sleep.Such an oil bathmay be taken once in aweek.
Applying castor oil overhand and feet before
going to bedkeeps them soft and similarly overthe eyebrows and eyelasheskeeps themwell-
groomed
Ifused regularly ashair oil, ithelps thegrowthof thehair and cure dandruff.
di i l i d
-
8/6/2019 BDS Cstro Seed
62/64
MedicinalProperties andBenefits6
Precautions
Repeateduseofcastoroilasalaxativeshouldbeavoidedasitcausessecondaryconstipation,
thatis, recurrenceoftheconditionaftercure.Personssufferingfromkidneyinfectionsshouldnottakecastoroilasapurgative. Itshouldalsonotbeusedwhenthereisabdominalpainorintestinalinfectionssuchasappendicitis,
enteritisorinflammationofthesmallintestineandperitonitis. Largedosesofcastoroilduringthe earlymonthsofpregnancymaycauseabortion.
-
8/6/2019 BDS Cstro Seed
63/64
CONCLUSION
Righttimetoturnaround
Withchanging economicscenarioandIndiasglobalstatus envisagingbetter exportmarket.
InvolvingglobalparticipationinCo-operativemovementtowith
enhancedagritechnologyandfinancefortheverticalgrowth.
-
8/6/2019 BDS Cstro Seed
64/64
Thanks.
Foranyassistanceincontributingtothismovementcontactus ensurethesuccessofthismovementNMFCisalwayswithyoualltheway.
Thanks.