Soybean futures settled lower on NCDEX the National Commodity and Derivatives Exchange due to hope of higher production in 2019-20 (Jul-Jun) following India Meteorological Department forecast of a “near normal” monsoon. Higher imports of edible oil […]
NCDEX May Soybean fell more than 0.6% to close at 3,755 rupees per 100 kg
NCDEX May Soybean fell more than 0.6% to close at 3,755 rupees per 100 kg as market participants book profits on forecast of near normal monsoon forecast by IMD in the afternoon. Moreover, higher imports of […]
Maize continues to rise on weak supply Weak supply
Maize continues to rise on weak supply Weak supply amid upbeat demand from the livestock-feed sector supported maize prices in key markets. In Bengaluru, the benchmark market, maize sold for 2,500-2,550 rupees per 100 kg, up […]
Soybean NCDEX Krishi Index
Soybean NCDEX Krishi Index, or NKrishi, fell 31.68 points to 3563.10 points due to a fall in soybean, castor seed. NCDEX Krishi is a value-weighted index computed real-time using the near-month prices of the 10 most-liquid […]
Maize rises on weak spot arrivals
Maize rises on weak spot arrivals, prices of maize increased in domestic markets, while wheat and rice traded largely unchanged from the previous day of trade. Maize prices rose in the key market Bengaluru owing to […]
Soybean stocks in China jumped nearly 10%
Soybean stocks in China jumped nearly 10% last week as crushing volumes fell to a three-week low, according to the China National Grain and Oil Information Centre. Soybean stocks edged higher to 5.45 million mt last […]
Maize prices rose due to high demand in domestic market
Maize prices rose in Bengaluru because of a supply shortage and high demand from Tamil Nadu and Karnataka. In Bengaluru, Karnataka, the coarse grain was sold at 2,430-2,450 rupees per 100 kg, up 50 rupees from […]
USDA projects lower U.S. soybean plantings in 2019
In the report, U.S. farmers were expected to plant 84.617 million acres of soybeans, or roughly 34.244 million hectares. If realized, this would represent a drop of about 5 percent from 2018. Of the 29 states […]
India rice prices dip; drought fears spur domestic buying in Thailand
Rice export prices in top exporter India edged lower this week due to sluggish demand, while fears of a drought this year supported up domestic buying in Thailand. India’s 5 percent broken parboiled variety was quoted […]
Soybean futures on the NCDEX ticked lower because of weak demand.
Soybean futures on the National Commodity and Derivatives Exchange ticked lower because of weak demand from crushing plants. However, any sharp fall was limited by a rise in exports of soymeal. Soymeal exports rose nearly 13% […]
Maize prices were largely flat.
Maize prices were largely flat in Davangare in Karnataka at 2,030 rupees per 100 kg. Prices remained steady as bulk buyers have trimmed purchases at higher rates. Market participants expect maize prices to decline due to […]
Argentina’s crushing industry is expected to crush a total of 42 million mt of soybean this year
Argentina’s crushing industry is expected to crush a total of 42 million mt of soybean this year, up around 13% compared to the 37 million mt crushed last year. The expected crushing volumes for this year […]
Maize prices were largely flat.
Maize prices were largely flat in Maharashtra. In Nashik, industrial grade maize was sold at 2,020 rupees per 100 kg. It’s a wait and watch situation here. Most buyers are waiting for prices to ease once […]
Soybean prices in Indore rise on strong demand.
Soybean prices in Indore rose due to strong demand from crushing units amid steady arrivals. In Indore, the oilseed was sold at 3,800-3,810 rupees per 100 kg, up 10-15 rupees. Arrivals in Madhya Pradesh, the largest […]
NCDEX maize seen tad dn as govt OKs limited import.
Futures contracts of maize on NCDEX may open slightly lower as the government has allowed import of 100,000 tn of feed-grade maize at the concessional duty of 15%. However, the quantity allowed for import is unlikely […]
Indore soybean prices flat on weak arrivals, demand.
Soybean prices in Indore were largely steady due to weak demand from crushing units and exporters amid lower arrivals. In Indore, the oilseed was sold at 3,780-3,790 rupees per 100 kg, steady from previous close.Arrivals in […]
Maize up on firm demand.
Maize prices rose across key spot markets, despite steady arrivals, due to improved demand from bulk buyers and feed manufacturers. Bulk buyers and feed manufacturers stepped up purchases anticipating a further rise in prices in coming […]
Prices of mustard seed in key spot markets rose as arrivals fell
Prices of mustard seed in key spot markets rose as arrivals fell and demand from crushing units improved. Farmers stayed away from the market as spot prices were way below the minimum support prices. Mustard seed […]
Maize falls on weak buys.
Maize prices fell across key spot markets as demand from feed manufacturers fell. Bulk buyers have trimmed their purchases as they are awaiting prices to decline with the arrival of the Bihar crop. Bihar is the […]
May 19 Soybeans closed at $8.84 1/4, down 5 1/4 cents,
Soybean futures faded late in the day to close 3 1/2 to 5 1/4 cents lower. Nearby meal settled UNCH despite the slumping corn market. Soy oil was down 27 points. NASS put soy stocks at […]