Soybean production in the country is estimated at 8.99 mln tn in 2019-20 (Jul-Jun), down 18% from last year owing to yield loss in key growing regions following heavy rains, Soybean Processors Association of India said […]
Prices of maize in Davanagere, were steady
The price of maize in Davanagere, a key market in Karnataka, was largely stable as bullish sentiment due to lower stocks was offset by subdued demand from the feed industry. In Purnea, Bihar, prices of maize […]
On the National Commodity and Derivative Exchange, soybean delivery for October contract fell
Soybean prices fell by Rs 61 to Rs 3,768 per quintal at futures trade on Wednesday as investors were off-loading their holdings amid weak demand. On the National Commodity and Derivative Exchange, soybean delivery for October […]
Prices of maize in Davanagere, were steady
Prices of almost all grains across key spot markets were largely steady today as demand was met by adequate supply. Prices of maize in Davanagere, were steady. Demand was tepid but arrivals were poor too, which […]
India Edible Oil: Most up; soybean a tad dn on weak oilmeal exports
Futures contracts of all components of the edible oil basket, barring soybean, rose on domestic exchanges. The soybean contract on the National Commodity and Derivatives Exchange closed a tad lower on tepid oilmeal exports. India’s oilmeal, […]
Price of maize in Davanagere, too, was almost steady at 2,300 rupees per 100 kg
Price of maize in Davanagere, too, was almost steady at 2,300 rupees per 100 kg because of firm demand and steady arrivals, said Shiva Kumar, a Davanagere-based trader. “The new crop would start arriving in 15-20 […]
NCDEX Oct soybean rises on crop concern, CBOT cues
Snapping losses in the previous two sessions, the October contract of soybean on NCDEX rose nearly 1% due to crop concern in parts of Madhya Pradesh. Rainfall at this stage is likely to take a toll […]
Prices of maize in Nizamabad were steady
Prices of maize in Nizamabad were steady due to good demand supported by adequate arrivals in the market. A small part of the arrivals was of an inferior quality, but it did not affect prices much. […]
NCDEX Oct soybean extends fall on profit booking
The October futures contract of soybean on NCDEX extended its fall owing to profit booking, and in tune with overall bearishness in the edible oil sector. The most-active October contract on NCDEX was at 3,992 rupees […]
Spot maize prices fall due to weak demand
Prices of mill-quality wheat and maize fell across key spot markets due to the inferior quality of the arrivals in the market which weighed on demand. Heavy rains deteriorated the quality of the grains. Rains in […]
NCDEX Oct soybean futures down 1% on profit booking
The October futures contract of soybean on NCDEX fell more than 1% as traders booked profit after the contract rose to a near one-week high. The front-month contract of the oilseed fell 0.8% to 3,990 rupees […]
Spot maize largely steady on weak arrivals, demand
Prices of maize across spot markets were almost steady because both demand and supply were weak. Bulk buyers are awaiting arrivals of the new crop in the market and are unlikely to pile up more stocks […]
NCDEX Oct soybean up 1% on crop concern, high demand
Soybean futures on NCDEX continued to rise owing to concerns about a smaller crop this year, and firm demand ahead of festivals. The contracts touched the 3% upper circuit on Wednesday, as output is expected to […]
Prices of maize across spot markets fell as demand was weak and supply was low
Prices of maize across spot markets fell as demand was weak and supply was low. Bulk buyers are waiting for the new crop to hit markets and may not pile up stocks for some time. On […]
Soybean acreage up 0.7% on yr at 11.3 mln ha as of Thu
Farmers in the country have planted soybean across 11.3 mln ha as of Thursday, up nearly 1% on year, according to data from the farm ministry. The minimum support price of soybean was 3,399 rupees per […]
Maize prices fell in spot markets
Maize prices fell in spot markets ahead of the fresh crop arrivals. On NCDEX, maize futures ended lower tailing spot cues, with the most-active October contract closing at 2,020 rupees per 100 kg, down 1.3%. Maize […]
Soybean acreage up 0.7% on yr at 11.3 mln ha as of Thu
Corn futures settled 2 1/2 cents higher in the front months on Monday. Generalized ag commodity buying helped to support corn values. The weekly Export Inspections report showed a multiyear low 233,993 MT in corn shipments […]
Maize prices fell in spot markets
Maize prices fell in spot markets ahead of the fresh crop arrivals. On NCDEX, maize futures ended lower tailing spot cues, with the most-active October contract closing at 2,020 rupees per 100 kg, down 1.3%. Maize […]
India Edible Oil:Most steady; soybean up on crop concern, weak rupee
Soybean futures rose over 1% on National Commodity and Derivatives Exchange due to firm demand for the commodity in spot markets and a weaker rupee against the dollar. Expectation of losses in soybean crop due to […]
Maize prices rose across spot markets as supplies fell
Maize prices rose across spot markets as supplies fell, owing to a likely fall in production last year and a simultaneous rise in demand from bulk buyers such as poultry feed manufacturers and starch manufacturers. Maize […]