Day: October 30, 2018

The forecast for rice output in 2018-19 has been reduced slightly to 490.4 mln tn from 490.8 mln tn earlier. Consumption is now seen at 492.3 mln tn, against an earlier estimate of 492.1 mln tn. […]

For maize, the grains body cut the global output projection in 2018-19 to 1.0737 bln tn from 1.0743 bln tn seen earlier. However, the projection is still higher than 1.0476 bln tn maize produced in the […]

International Grains Council has hiked its estimate for global wheat production for 2018-19 to 728.8 mln tn from 716.7 mln tn seen earlier. A record 767.1 mln tn wheat was produced globally in 2017-18. The forecast […]

European wheat futures ended lower as a pre-weekend rally faded in the face of still tepid export activity. Benchmark December milling wheat on Paris-based Euronext settled 2.00 euros lower at 200.50 euros a tonne, retreating from […]

Ukrainian corn was assessed at $162.75/mt by S&P Global Platts, 50 cents lower on the day, taking it to a twelve month low as buyers remain on the sidelines and global stocks mount. Prices have now […]

Corn gained ground as investors covered positions after recent losses, though momentum was capped by a bumper U.S. harvest and a trade dispute between the United States and top soybean importer China. Corn was up 0.7 […]

Prices of tur rose in Akola, the benchmark market, due to limited supply of the pulse amid strong demand from stockists and dal millers. In Akola, tur was sold at 3,750 rupees per 100 kg, up […]

Haryana government purchase around 1,600,000 thousand tonnes of bajra in current seasons as compared to 34,449 tonnes of procurement last year. Authorities are expecting that this year procurement would be around 0.3 MMT. This year MSP […]

Rajasthan farmers are likely to sow higher barley crop on better price realization duw to higher prices and good industrial demand. Currently barley prices are hovering around Rs.1910 per 100 kgs.

China will end the auctions of its state soy and corn reserves next week as the new crops begin to reach market, with the latest auction announcement from the National Grain Trade Centre (NGTC) not listing […]