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 […]
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 […]
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 […]
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. […]
India Wheat a tad up in Delhi on pick-up in demand.
Prices of wheat rose marginally in the domestic markets while those of maize were largely unchanged. Price of wheat in key wholesale market of Delhi edged higher due to a pick-up in demand from millers.
State govt declares 206 blocks in 23 districts drought-hit
Bihar government declared 206 blocks in 23 districts as drought-hit. The drought hit districts are Patna, Bhojpur, Buxar, Gaya, Nawada, Aurangabad, Saran, Siwan, Gopalganj, Vaishali, Muzaffarpur, Darbhanga, Madhubani, Samastipur, Sheikhpura, Jamui, Banka, Bhagalpur, Nalanda, Saharsa, Munger, […]
Maharashtra Sangli talukas in the grip of worst drought.
Sangli is reeling under one of the worst droughts, it has faced thus far. Most of its lakes and ponds have dried up. There is no water in the Agrani River for the last four years. […]
India Spot prices maize steady.
Price of maize in key wholesale markets of Purnea and Davangere remained largely unchanged. In Purnea, the key market for maize in Bihar, the coarse grain was sold at around 1,400 rupees per 100 kg, largely […]
S. Korea’s rice production expected to fall in 2018.
South Korea’s rice production was expected to have fallen this year due to bad weather and reduced rice paddies. Rice output was estimated at 3,875,000 tons in 2018, down 2.4 percent from a year earlier. It […]