China’s NBS adds 20MMT to productions: USDA.

 The China’s National Bureau of Statistics (NBS) revision adds a cumulative 20 million tons to production for the 2007/08-2017/18 period. Most of the increase is added to stocks, with only a small addition to feed and […]

Wheat acreage up 20% on Y-O-Y.

Farmers in the country have commenced sowing of wheat in the country, key rabi food grain, with total area rising 20% on year to 1,519,000 ha. from 1,265,000 ha. The acreage was also higher than the […]

Indian Rice Quotes Lowest in 18 Months:USDA

Export quotes from the Western Hemisphere remain elevated compared to those from Asian suppliers. U.S. quotes, while lower from earlier in the year, remain the highest although stable at $550/ton as harvest pressure from new crop […]

China rice stocks surged: USDA.

The China’s National Bureau of Statistics (NBS) revision adds a cumulative 18 million tons to production for the 2007/08-2017/18 period. Most of the increase is added to stocks as rice is primarily used for food and […]

USDA Rice Overview for 2018-19.

Global rice production is raised this month due to multi-year revisions for China. Global consumption is forecast marginally higher and ending stocks are raised to a new record, also on the revisions for China. Trade is […]

Maharashtra urad procurement speed up.

Moong (green gram) and urad (black gram) procurement in Maharashtra at minimum support price (MSP) is slowly gathering pace. According to the state agriculture department, some 6,581.847 quintals of moong have been procured from 1,164 farmers […]

Poor crop reports support prices.

Pulses prices have been surged in last few days on the reports of dip in acreage .Pulses and pulse seeds have been ruling higher at the mandis in Indore for past few days amid report of […]

US corn crop cuts by forecasters

Informa Economics cut its US corn yield forecast by 2.4 bu to 179.7 bushels per acre (bpa), which results in a US corn crop estimate of 14.698 billion bu for 2018 FCStone lowered its forecast this […]

Global wheat 2018 Production down to 723 MMT

FAO raised its forecast of global wheat production in 2018 to 727.9 MMT from 722.4 MMT projected in Oct (760.4 MMT in 2017), on reported bigger harvests in China along with a number of other countries […]

Tur outlook Firm in near term

Due to fears that output in Maharashtra and Karnataka, the top two producing states, may fall 30-50% due to drought. Maharashtra and Karnataka together account for around 40% of the country’s 4-mln-tn tur production. Recently,NAFED also […]