Khammam Production of maize to touch 30,000 tonnes.

Maize production is expected to cross 30,000 tonnes this year. Maize was sown in 13,000 acres in Khammam and Bhadradri districts and the extent of the irrigated dry crop is increasing by the year. Farmers at large in Mudigonda, Kusumanchi, Bonakal, Errupalem and Chintakani mandals in Khammam district and Allapalli, Sattupalli, Yellandu, Tekulapalli, Mulakalapalli and Chandrugonda mandals in Bhadradri district opted to sow maize. The crop is now at harvesting stage and his is creating tension among the farmers as they remember the horrible experiences of last year. Delayed lifting led to crop getting damaged in the fields due to rains last year. The resultant losses were put at around Rs 5 crore. The delayed lifting also forced farmers to stay at the lifting centres over three days or more. Private traders, who cashed in on the the situation, bought the damaged maize at throwaway prices.

The Latin American country is competing with European wheat on many international markets.

Demand for French wheat has been shrinking, with port data showing a thin line-up aiming to France’s main client Algeria with nearly no exports to West Africa. French port silos are full so deliveries are being slowed down, although not halted, due to a lack of room.Silos are full in (the Atlantic port of) La Pallice and in Rouen and export prospects for October are thin or non-existent.

EU wheat falls on poor demand, high global supplies.

European wheat prices pared gains, pressured by a lack of demand for European supplies and reports of a record wheat harvest in Argentina. Benchmark December milling wheat on Paris-based Euronext closed 0.50 euro or 0.25 percent lower at 200.50 euros a tonne. Reached 202.75 euros in earlier trade. Argentina’s 2018/19 wheat harvest is expected to reach a record 19.7 million tonnes, up from 17.8 million tonnes last year.

Wheat slips on reduced offtake by flour mills.

Wheat prices slipped by Rs 15 per quintal at the wholesale grains market due to reduced offtake by flour mills against adequate stocks position. However, other grains held steady in thin trade. Besides fall in demand from flour mills, sufficient stocks position on increased arrivals from growing regions mainly weighed on wheat prices.