News & forecast for the Indian Monsoon this year The model projections call for 80 per cent chance of El Nino during March-May, dropping to 60 per cent for June to August. This means, it is […]
Weekly Agri-Commodities Highlights
Maize: Slight rise in maize arrivals in local markets and subdued demand from feed and bulk buyers resulted in lower prices compared to last week. In the past couple of days, high maize prices have resulted […]
Soybean prices on NCDEX are seen rising in April owing to firm oilmeal demand.
Soybean prices on National Commodity and Derivatives Exchange are seen rising in April owing to firm oilmeal demand from poultry feed sector and exporters. April soybean contract on the NCDEX was at 3,769 rupees per 100 […]
Last Week’s Agri-Commodities Highlights
Grains Maize: Prices of maize across key spot market rose marginally due to a decline in arrivals. Maize trade in local market was thin in last week on slow activity as trading holiday on Thursday on […]
MPOB palm report with bearish outlook on lean production season
Malaysia palm oil future prices closed again with the lower side in last week while in today was MPOB of data, day and as expected its there in the market with bearish outlook as inventory level […]
Last Week Snapshot Of Agri Commodities 11 Mar 2019
Grains Wheat: As at the end of February, Govt had sold a record 7.7 mln tn wheat under the open market scheme. Bulk purchases of wheat picked up this year, partly because consumers started sourcing the food […]
Rapeseed Crop influenced by Soybean this year and crop expected to be 20% higher from the last year
As per Govt Acreage and SEA of India’s latest crop survey, Govt is projecting total crop this year will set at around 8.5 MMT. The mustard final acreage can be in between 6700 to 6800 thousand […]
India oilmeal export prospects increasing while Veg oils port stocks declining
Total oilmeal export increased by 5.5% from the previous month and soybean export increased by 23%. However, Rapeseed meal export declined in Jan’19 but for the year (Apr-Jan) increased by 85%. this year crop also expected to […]
Indian malt companies will import around 70,000 ton of barley from Argentina
Indian malt companies to import 70,000-ton barley in Feb. Indian malt companies will import around 70,000 ton of barley in February from Argentina, of which 50,000 ton will be bought by United Breweries Ltd and the […]
All state of Brazil expecting lower soybean yields
Dry weather in Brazil is a continue crop concern of the market. However, some improvement witnessed over the weekend. weather in central Brazil was finally the type of weather you generally expect for this time of the year. […]
Iran appeared as the third top destination for Indian oilmeals as the country to sell crude oil to India in exchange for rupees
We can see the positive support in Indian soy-seed & meal prices. Iran appeared as the third top destination for Indian oilmeals, after South Korea at 571K tonnes and Vietnam at 422K tonnes. Overall soymeal exports raised […]
Adverse Weather in Brazil Impacting Corn Production
This season corn crop in southern Brazil has also been impacted by the dry weather, but to a lesser degree compared to the soybeans. A lot of the soybeans were at the same critical phase in […]
Import prospects improves of palm oil as world’s biggest edible oil buyer reduced the Import duty on 31st Dec 2018
Indian Govt. has reduced the Import duty on crude palm oil to 40 per cent from 44 per cent from Southeast Asian (Asean) countries after a request from suppliers, while on refined palm oil is import duty […]
India veg oils port stocks reached to 2 years low
India, NCDEX future Soy oil prices increased to 1% in last trading session and in physical market soy oil prices at Indore market continued in the higher side from 8 continues days at Rs. 752 Levels. […]
Weak production & Flat export trend supporting the palm oil prices
Malaysia palm oil future prices increased more than 1%, on weak fundamentals projections slo wing output in Malaysia and easing stock levels in Indonesia supported the prices. This month MPOB data, Malaysian palm oil production has […]
Weather in Argentina remains Unpredictable
The weather in Argentina continues to be uncertain going from one extreme to another. After very heavy rains earlier in November, the weather has been on the dry side for the last 2-3 weeks. They also […]
USDA – This week again US soybeans net export sales down 11.07%
Exports for the most recent week were 1.147 million mt, 8.41% lower than the previous week. Total accumulated physical exports for the 2018-2019 marketing year rose to 14.314 million mt, 40.75% lower than the year-ago period, […]
Govt procured pulses, oilseeds worth Rs 441.42 bn from farmers in last 4 years
The government has procured pulses and oilseeds worth Rs 441.42 billion at minimum support prices from farmers in the four years to 2018-19, the Agriculture Ministry said Tuesday. It had undertaken various interventions to boost the production […]
Soybean Planting-Brazil Soybean planting advanced & in beneficial stage But, Argentina again struggling for normal bean crop planting till last week
Soybean crop update, In the U.S. last week the last U.S. Department of Agriculture (USDA) weekly crop progress report of the year. The U.S. soybean harvest was pegged at 94 per cent complete, which is slightly […]
Edible, non-edible oils end flat in thin trade in last week
There was not much activity at the wholesale oils and oilseeds market in last week in the national capital as prices by and large moved in a narrow range in limited deals and pegged at last […]