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 […]

Punjab Paddy growers sell crop in Haryana

Farmers from the border districts of Punjab are rushing to Haryana to sell their produce on spot cash payment , hassle-free procurement and procurement at higher moisture( with the reduction in prices). Cheeka grain market in […]

China to open its USD 2 bn rice market to India.

India has made a deal with China to open up its 2 billion USD rice import based on an agreement signed between Prime Minister Narendra Modi’s visit to China. At Shanghai Cooperation Organisation Summit a protocol […]

Maize prices steady in Davangere, demand subdued.

Prices of maize in Davangere, a key market for the coarse grain in Karnataka, remained steady mid low availability of good-quality crop and subdued demand. Spot price of the coarse grain were largely unchanged at 1,100-1,450 […]