Egypt raised the supply price of wheat it will buy from farmers from mid-April to mid-July depending on the quality of the crop. Second time the country has increased the supply price for wheat in the past five months. Wheat harvest season starts in May. In November 2016, immediately after the country floated its currency and cabinet increased the prices of purchasing wheat from farmers to support local producers.
Futures contracts of barley fell on the NCDEX tracking key spot markets in Jaipur. Prices of barley fell in Jaipur because of increased arrivals amid lacklustre demand from stockists and feed sector. Arrivals of the new crop were pegged at 5,000 bags (1bag=85kg) compared with 4,000 bags.
Futures contracts of coriander hit a one-week low of on the NCDEX because arrivals at the spot markets of Rajasthan increased. Arrivals of coriander in the state were at 47,000 bags (1bag=40kg) up 7,000 bags
Chana prices at 3-week low in Delhi on subdued demand.
Agriculture Ministry proposes hike in tur dal import duty to 20%.
Govt to procure 0.1 million tonne more tur in Maharashtra till May 31.
MMTC invites bids for sale of 7,596 tonne urad, 242 tonne tur.
Tur prices up in Akola on demand from dal millers.
Mexico to import dry beans duty-free.
Pinto beans see frost in Brazil.
Soybean prices up in Indore despite higher arrivals.
Rise in demand lifts mustard seed prices in Jaipur.
Groundnut seed down in Gujarat as output seen up.
Haryana to procure sunflower seeds at MSP.
Ukrainian farmers already planted sunflower on 3.5 million ha.
NCDEX barley up on bargain buying post 1-year low.
Barley prices up in Jaipur as supplies decline