Russia Sends Wheat to Syria as Aid.
Wheat should be purchased at society level in place of silo in Indore.
Wheat purchasing should be done on support price at society level in place of silo centres. The state govt has directed to purchase the wheat on support price at silo centres to provide benefit to industrialists. Farmers are bound to face additional financial burden after paying extra transportation charges to bring their crops to silo centres. State government should permit the farmers to sale their wheat crops at society level, the farmers will be able to save huge amount of money. (Source: The Free press)
Prices of rice basmati and non-basmati firmed up.
Prices of rice basmati and non-basmati firmed up.
Delhi wheat prices up on high demand for fresh crop.
Wholesale prices of wheat in the key market of Delhi rise due to good demand for the new crop. Prices are likely to fall in the next 10 days, once arrivals start from all growing regions across the country. In Madhya Pradesh, prices were unchanged.
Russia Sends Wheat to Syria as Aid.
A shipment of 31,500 tonnes of wheat from Russia has arrived in Tartous (Syria). This shipment is the 2nd batch of Russian aid as a ship loaded with 17,300 tonnes of wheat arrived in Tartous early this month. The total amount of the soft wheat provided by the Russian govt to the Syrian people has reached 48,893 tonnes so far.
Emami Agritech sees FY18 rice bran oil output rising 20%.
Emami Agritech sees FY18 rice bran oil output rising 20%.
Prices of rice basmati and non-basmati firmed up.
The wholesale grains market during the week on the back of rising demand from retailers against restricted supplies. An increase in demand from retailers against tight stocks position on fall in supplies from producing regions mainly attributed the rise in rice basmati and non-basmati prices. In the national capital, rice basmati common and Pusa-1121 variety rise respectively. Non-basmati rice, permal raw, wand and IR-8 followed suit and finished higher from previous close.
Lower supplies lift barley to 1-week high in Jaipur.
Lower supplies lift barley to 1-week high in Jaipur.
Emami Agritech sees FY18 rice bran oil output rising 20%.
Rice bran oil production is expected to grow 20% in 2017-18 (Apr-Mar) to 1.2 million tonnes owing to rising demand from health-conscious consumers. Major demand for the oil is seen arising from West Bengal, Punjab and some pockets in southern India. The country produced around 1 million tonnes of the premium oil last year. In West Bengal, rice bran oil production is seen growing to around 200,000 tonnes in 2017-18 from 180,000 tonnes in 2016-17.
NCDEX coriander hits 7-week high as output seen down.
NCDEX coriander hits 7-week high as output seen down.
Lower supplies lift barley to 1-week high in Jaipur.
Barley prices hit a one-week high in Jaipur due to lower arrivals and rise in demand from malt industries. Arrivals of the new crop were estimated at 5,000 bags (1bag=85kg) compared with 8,000 bags. Strong demand from stockists and feed sector also supported barley prices. Supplies are lower because farmers are holding their produce in the expectation of prices to rise in the coming days.
NCDEX coriander hits 7-week high as output seen down.
Futures contracts of coriander on the NCDEX extended gains with the April and May contracts hitting seven-week high because of rise in demand and as production is seen lower in 2016-17 (Oct-Sep). Most-active April contract on the NCDEX traded up 0.83% from previous close. Arrivals in Kota were unchanged at 10,000 bags (1bag=40kg).
Rain and hail flatten ripe crops in Rajasthan.
Rain and hail flatten ripe crops in Rajasthan.
Asia Rice-Thailand rice prices firm on stronger baht but dip in Vietnam and India.
Rice prices firmed in Thailand on a stronger baht while prices dipped in Vietnam and India. Thailand sold 3.6 million tonnes of rice abroad between the start of the year and March21 which is up 2.7% from the same period last year. In India, 5% broken parboiled rice fell due to amid less demand. In Vietnam, 5% broken rice fell as supply increased during the main harvest season. Global demand is not so strong as Thailand is still selling their inventor. Vietnam rice shipments fell 26.5% last year to 4.8 million tonnes, while exports of the grain in the first two months of 2017 decreased 23.5% year on year to 738,000 tonnes.
Ukraine barley exports currently up 18% year-on-year.
Ukraine barley exports currently up 18% year-on-year.
Rain and hail flatten ripe crops in Rajasthan.
Heavy rain and hailstones damaged Rabi crops of wheat, barley, cumin, mustard, gram and potato as well as vegetable farms in the countryside that feed Delhi and all major urban centres in western and northern states.
Effect on Barley prices in Rajasthan due to rains in last days.
Effect on Barley prices in Rajasthan due to rains in last days.
Ukraine barley exports currently up 18% year-on-year.
About 200 KMT of barley was shipped abroad that month which is 8.4 times more than 24 KMT of Feb,2016. Ukraine exported 4670 KMT of barley in July-February of the current season which is 18% more than in the same period in 2015/16 (3964 KMT). Ukrainian barley shipments to the market of Libya also continue expanding and this share in Ukraine barley exports have already reached 19%. Deliveries to Israel increased to 143 KMT that is 65% more than exported there for the entire last season. Exports of Ukrainian barley to Lebanon market hit six times high as much as purchased for the entire marketing year of 2015/16.
NCDEX coriander hits 7-week high as output may fall.
NCDEX coriander hits 7-week high as output may fall.
Effect on Barley prices in Rajasthan due to rains in last days.
Rains and hailstorms in Rajasthan damage the barley crop due to which there is changes in the crop quality and high moisture content in fresh crop reduce the supply and prices increases in the market due to high demand.