The September soybean contract on NCDEX hit a one-week high of 3,743 rupees per 100 kg due to concerns about the crop in parts of Maharashtra. Lower moisture in the soil due to weak monsoon rains […]
Maize up on low arrivals
Price of maize was up across spot markets due to firm demand from bulk buyers. A gradual decline in arrivals was seen helping prices. Demand firmed up as most bulk buyers want to purchase enough stocks […]
NCDEX soybean rises tracking CBOT contracts
Soybean prices fell by Rs 22 to Rs 3,637 per quintal in futures trade on Thursday on low demand at the spot market. On the National Commodity and Derivatives Exchange, soybean for the most-traded delivery in […]
Maize gain on low arrivals, firm bulk demand
Prices of maize across spot markets rose due to a decline in arrivals amid firm demand from bulk buyers such as poultry feed and starch manufacturers. Demand rose from bulk buyers as most of them started […]
NCDEX soybean rises tracking CBOT contracts
Futures contracts of all components of the edible oil basket traded higher on the domestic exchanges. Paring losses from the previous session, the September contract of soybean on the National Commodity and Derivatives Exchange rose in […]
Sport maize down on weak buys
Prices of maize across key spot markets fell due to a decline in demand from bulk buyers such as poultry feed manufacturers and starch manufacturers. A decline in arrivals, however, restricted the fall in prices. Demand […]
Soybean acreage up 0.5% on yr at 11.15 mln ha
Sowing of soybean across the country, which was lagging, has started gathering pace, with area under the oilseed rising marginally by 0.5% on year to 11.15 mln ha as on Wednesday, according to data from the […]
Prices of maize, rose across key spot markets
Prices of maize rose across key spot markets due to firm demand from poultry feed companies and starch manufacturers. Demand rose today as the bulk buyers anticipate a severely tight supply in the coming days due […]
Corn futures finished up 8 3/4 to 10 1/4 cents to end the week.
Futures contracts of all components of the edible oil basket fell on domestic exchanges. Soybean futures on the National Commodity and Derivatives Exchange closed lower due to an increase in area under the crop following adequate […]
Prices of maize, rose across key spot markets
Prices of maize rose across key spot markets due to a rise in demand from poultry-feed companies and starch manufacturers. Demand rose as the bulk buyers anticipate a severely tight supply in the coming days due […]
Indore soybean prices up
Soyabean on NCDEX settled up 1.64% at 3652 on short-covering tracking firmness in overseas prices after prices remained under pressure tracking monsoon revival, good supplies and lower demand for soy meal exports. As per farm ministry, […]
Maize down on low demand
Prices of maize fell across key spot markets today due to a decline in demand from bulk buyers and stockists. Demand was subdued over the past few weeks due to a sharp rise in prices. Demand […]
Indore soybean prices up
Soyabean on NCDEX settled up 1.64% at 3652 on short-covering tracking firmness in overseas prices after prices remained under pressure tracking monsoon revival, good supplies and lower demand for soy meal exports. As per farm ministry, […]
Maize down on low demand
Prices of maize fell across key spot markets today due to a decline in demand from bulk buyers and stockists. Demand was subdued over the past few weeks due to a sharp rise in prices. Demand […]
Indore soybean prices unch as demand remains weak
Prices of soybean in the benchmark market of Indore, Madhya Pradesh, were largely unchanged today due to subdued demand from the crushing plants. Soybean prices, in Indore, were steady at 3,500 rupees per 100 kg and […]
Maize prices steady
Prices of maize across key spot markets remained largely steady amid weak demand from bulk buyers and low arrivals. Maize futures on NCDEX, too, ended flat on spot cues, traders said. The most active August contract […]
Corn futures ended the session with front months fractionally lower with deferred contracts firm. September was up 2.69% this week. Traders were working to square up positions prior to Monday’s UDSA reports. Friday afternoon’s Commitment of Traders report indicated spec funds holding a net long position of 79,507 contracts in corn futures and options. They trimmed that net position by 32,445 contracts as of Tuesday. After the close, the EPA announced they granted small refinery exemptions to 31 of the 38 refineries that applies. As of August 1, US total corn export commitments are just 94% of the USDA projected total, with the 5-year average at 104%. Ahead of Monday’s USDA report, analysts are looking for old crop world ending corn stocks to be up ~1.09 MMT to 329.84 MMT. New crop estimates are running 290.09 MMT, which would be an 8.93 MMT drop from the July report. Indore soybean prices unch as demand remains weak
Prices of soybean in the benchmark market of Indore, Madhya Pradesh, were largely unchanged today due to subdued demand from the crushing plants. Soybean prices, in Indore, were steady at 3,500 rupees per 100 kg and […]
Maize prices steady
Prices of maize across key spot markets remained largely steady amid weak demand from bulk buyers and low arrivals. Maize futures on NCDEX, too, ended flat on spot cues, traders said. The most active August contract […]
Indore soybean prices unch as demand remains weak
Prices of soybean in the benchmark market of Indore, Madhya Pradesh, were largely unchanged today due to subdued demand from the crushing plants. Soybean prices, in Indore, were steady at 3,500 rupees per 100 kg and […]
Maize prices steady
Prices of maize across key spot markets remained steady amid weak demand from bulk buyers and low arrivals. Maize futures on NCDEX, too, were steady on spot cues. The most active August contract ended steady at […]