The output of key kharif crops like onion, cotton, sugarcane and oilseeds are likely to fall due to deficient rainfall in many parts of India, including Maharashtra, Gujarat and Karnataka. Production of cotton, soybean and groundnut […]
Exports will reach new high, says commerce secretary
The Central government Monday expressed hope exports would touch an all-time high in 2018-19. Commerce secretary Anup Wadhawan underlined the commitment of the government to address concerns of labour- intensive leather and textiles sectors. “Our exports […]
Algeria tenders to buy nominal 50,000 T milling wheat
Algeria’s state grains agency OAIC has issued an international tender to buy milling wheat to be sourced from optional origins. The tender sought a nominal 50,000 tonnes but Algeria often buys considerably more in its tenders […]
It is possible for India to export around half a million tonnes of rapeseed meal to China and earn around ₹1,000 crore annually – BV Mehta
‘India can earn around ₹1,000 crore annually’ BV Mehta, Executive Director of the Solvent Extractors Association of India, said: “It is possible for India to export around half a million tonnes of rapeseed meal to China and […]
Australian Wheat 2018/19 production down by 0.5 Mln tn:USDA
USDA Estimates 0.50 Million Tonnes Decline In Wheat Production For 2018/19. As per the latest release from United States Department of Agriculture (USDA), the Australian wheat production is forecast at 18 MMT for 2018/19, slightly below […]
EU wheat holds near two-week low as exports remain sluggish
European wheat futures were hovering near the previous session’s two-week low, with tightening global supplies and drought concerns in Europe offset by sluggish exports. December milling wheat on Paris-based Euronext was unchanged at 201.25 euros a […]
Soya declines on bonus issue
With an uncertainty looming large over payment of bonus to soybean farmers by the State government on account of imposition of an electoral code of conduct in the poll-bound Madhya Pradesh, soybean prices in Indore mandis […]
Madhya Pradesh support for below-MSP sales triggers doubt over efficacy
Just before the announcement of the assembly election schedule, the Madhya Pradesh government had announced up to `500 per quintal reimbursement to soyabean and maize farmers under the Bhavantar (price differential) scheme if the mandi prices […]
Manipur aims to boost Rabi maize cropping system in State
In a move to make public the potentialities of Rabi maize cropping system in Manipur and awareness of improved technologies for its popularization, a two day training programme on ‘Maize based cropping system for improving livelihood […]
US Corn eases for 5th session
Chicago corn futures slid for a fifth consecutive session as the harvest of a bumper U.S. crop gathered pace after being slowed down by rains. The Chicago Board Of Trade most-active corn contract was down 0.1 […]
Tepid demand drags chana
Prices slipped 0.46 per cent to Rs 4,079 per quintal in futures trade after participants reduced exposure following subdued demand in spot market. The fall in chana futures to offloading of positions by traders, taking negative […]
PDPS for oilseeds farmers to compensate up to 25% of MSP
Oilseeds covered as it is impossible to procure them at MSP owing to the requirement of huge warehouse space The Centre has sent the guidelines for Price Deficiency Payment Scheme in oilseeds under PM-AASHA scheme to […]
Paddy procurement
Punjab likely to miss target as yield reduces by 15%. With low yield trend in this season, there are speculations that Punjab might miss its target of 200 lakh metric ton (LMT) paddy procurement. Punjab which […]
India Maize market steady on subdued demand.
Price of maize in key wholesale markets of Purnea and Davangere were steady. In Purnea, the key market for maize in Bihar, the coarse grain was sold at around 1,400 rupees per 100 kg, steady from […]
US Corn futures were little changed.
CBOT December corn was flat at $3.75-1/4 a bushel. Corn futures were little changed, despite pressure from bearish weekly ethanol data. The US Energy Information Administration said weekly US output of corn-based ethanol fell to 1.01 […]
Cyclone and Rain beneficial for summer rice
A tropical cyclone has brought heavy rains back to the eastern Rice areas of India and the growing belt of Bangladesh since late last week. Heavy rains were also recently reported in more minor growing areas […]
Maharashtra to sell chana, urad at 35 rupees per kg via ration shops.
Maharashtra government has decided to sell chana and urad at a subsidised rate of 35 rupees per kg through ration shops under various welfare schemes. A state government notification said chana and urad stocks at National […]
Tur prices rise in Akola, steady in Kalaburagi.
Prices of tur rose in Akola, the benchmark market, due to higher demand from stockists. In Akola, tur was quoted at 3,800 rupees per 100 kg, up 50 rupees. Arrivals in the market were unchanged at […]
International wheat Trade Update
South Korea purchase 60,000 MT and Jordan buying 60,000 MT from CHS, while the Philippines bought 55,000 MT of Australian wheat.Jordan’s purchase of 60,000 tons of milling wheat came after three failed attempts, and was bought […]
Recent rain in Australia respite the wheat crop.
Recent showers and a variable temperature pattern will favor reproductive to filling winter wheat in western and southeast Australia. Drought has impacted winter wheat prospects in northern New South Wales and southern Queensland during this season. […]