Rabi barley area down 32% YoY at 164,800 ha.

Farmers in the country have sown barley across 164,800 ha this rabi season, down 31.8% on year. Farmers are more interested in sowing mustard, late wheat crop, and other vegetables as these crops give better returns. […]

Barley prices up in Jaipur on local demand, MSP hike.

Prices of barley rose in Jaipur following improved demand from domestic stockists and as the government had hiked the minimum support price of the coarse grain by 30 rupees per 100 kg. In Jaipur, the benchmark market for the commodity, the coarse grain was sold at 1,630 rupees per 100 kg, up 10 rupees from previous close. The Union Cabinet approved a hike in minimum support price for 2018-19 barley crop to 1,440 rupees per 100 kg. Supplies are negligible in the market due to low stocks with farmers. The new crop will be available from March.

NCDEX barley down on profit booking post 21-month high.

Futures contracts of barley fell on the NCDEX due to profit booking after prices hit a 21-month high of 1,800 rupees per 100 kg. The October contract was at 1,791 rupees per 100 kg, down 8.50 rupees. However, gains in the benchmark market of Jaipur, following improved demand from domestic stockists, limited the fall. Demand rose after the government had hiked the minimum support price of the coarse grain by 30 rupees per 100 kg.

Jaipur barley up on demand from feed sector.

Prices of barley rose in Jaipur due to higher demand from the poultry feed sector and domestic stockists. In Jaipur, the benchmark market for the commodity, the coarse grain was sold at 1,600 rupees per 100 kg, up 10 rupees. Negligible supply in the market also supported prices. Only a couple of bags, each carrying 85 kg of barley, arrived in the market, due to low stocks with farmers.

Pricing panel moots 1,440 rupee/100 kg barley MSP ’18-19.

Pricing panel recommends 30 rupees/100 kg hike in barley MSP. The government wants to declare the minimum support prices for key rabi crops at the onset of the season due to upcoming Assembly polls in several states. It has to be declared before the code of conduct comes into place. The Commission for Agricultural Costs and Prices has recommended a hike of 105 rupees per 100 kg in minimum support price for key rabi food grain.

Barley down in Jaipur on low demand post 2-month high.

Prices of barley were down in Jaipur as demand from stockists was subdued after prices hit a two-month high of 1,610 rupees per 100 kg. In Jaipur, the benchmark market, the coarse grain was sold for 1,590 rupees per 100 kg, down 20 rupees. Concerns over quality of the stock restricted demand from the malt industry, which further weighed on prices. However, negligible supplies in the market and demand from the poultry feed sector cushioned the fall in prices.

Jaipur barley up on local demand, negligible supply.

Prices of barley rose in Jaipur following improved demand from domestic stockists and the poultry feed sector. In Jaipur, the benchmark market, the coarse grain was sold for 1,620 rupees per 100 kg, up 10 rupees. Negligible supplies in the market also supported prices. Only 1-2 bags (1 bag = 85 kg) arrived in market due to low stocks with farmers. The new crop will only be available from March. However, talks of import of the grain from Argentina capped gains in prices.

Jaipur barley up on demand from poultry feed sector

Prices of barley rose in Jaipur due to improved demand from poultry feed sector amid negligible supply. In Jaipur, the benchmark market, the coarse grain was sold for 1,610 rupees per 100 kg, up 10 rupees. Barely two-three bags (1 bag = 85 kg) have been arriving in markets due to low stocks with farmers, and the new crop will only be available from March. However, sluggish demand from malt manufacturers, the key consumers, capped sharp gains in prices.

Barley prices rise in Jaipur as supply weak.

Prices of barley were up in Jaipur due to weak supplies and higher demand from domestic stockists and poultry feed sector. In Jaipur, the benchmark market, the coarse grain was sold at 1,590 rupees per 100 kg, up 10 rupees. Supplies are negligible as stocks held by farmers are almost over and new crop arrivals are likely to commence only from March.

Barley up in Jaipur on demand from poultry sector

Despite concerns over quality, barley prices were up in Jaipur because of strong demand from poultry feed sector. In Jaipur, the benchmark market, the coarse grain was sold at 1,570 rupees per 100 kg, up 10 rupees. Very low supplies in the market and demand from stockists also supported the grain. Prices are likely to rise further as stocks held by farmers are nearly over and new crop arrivals are likely to commence only from March. Arrivals were estimated at 1-2 bags (1 bag = 85 kg), compared with 2-3 bags.

Barley up in Jaipur on demand from poultry sector.

Despite concerns over quality, barley prices were up in Jaipur because of strong demand from poultry feed sector. Very low supplies in the market and demand from stockists also supported the grain. Prices are likely to rise further as stocks held by farmers are nearly over and new crop arrivals are likely to commence only from March.

NCDEX barley down on subdued demand from malt sector.

Futures contracts of barley fell on the NCDEX due to subdued demand from the malt industry following concerns over quality of the domestic stocks. On NCDEX, the most active September contract was down 0.9% at 1,640 rupees per 100 kg. Talks of imports of the grain from Argentina is also creating bearishness in the market.

Barley prices up in Jaipur on negligible supplies.

Prices of barley rose in Jaipur due to negligible supplies of the grain in the market, and owing to improved demand from domestic stockists and poultry feed sectors. In the benchmark market of Jaipur, barley was sold at 1,440 rupees per 100 kg, up 30 rupees. Arrivals were estimated at 5-10 bags (1 bag = 85 kg), as compared to 200-300 bags. Arrivals have slumped as farmers have liquidated most of their stocks. Subdued demand from malt industries following concern over quality of the domestic stocks capped gains in prices.