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 […]
Maize prices fell across spot markets
Maize prices fell across spot markets due to weak demand from bulk buyers such as poultry feed manufacturers and starch manufacturers. Maize futures, taking spot cues, also ended lower on NCDEX with the most active October […]
NCDEX soybean rises on firm demand in spot market
Soybean futures contracts rose on NCDEX due to firm demand for the commodity and higher prices in Indore. The most active October contract was up 0.4% at 3,751 rupees per 100 kg. Firm demand for soybean […]
Maize up on low supply
Maize prices rose as arrivals further declined. Spot prices, however, is seen declining in the coming days as spot prices are sharply higher compared with the year-ago levels. Demand from bulk buyers is seen as weak […]
NCDEX soybean hits 4-mo high on delay in harvest
Futures contracts of all components of the edible oil basket rebounded on domestic exchanges. The October soybean contract hit a 4-month high of 3,772 rupees per 100 kg on NCDEX in early trade and ended nearly […]
Maize prices fell in key spot markets
Maize prices fell in key spot markets as demand remained weak at high prices. Spot prices are sharply higher compared with the year-ago levels. Bulk demand is unlikely to pick up as most buyers will wait […]
Indore soybean up on low arrivals due to heavy rain
The prices of soybean in Indore, were up 25-50 rupees at 3,650-3,700 rupees per 100 kg as arrivals were very low due to the incessant rains in Madhya Pradesh. Soybean arrivals have been negligible for the […]
Soybean futures rise on spot demand
Soybean prices increased by Rs 92 to Rs 3,818 per quintal in futures trade on Wednesday as speculators raised their positions supported by a strong spot demand. Marketmen said fresh positions created by participants following upsurge […]