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 […]

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 […]

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 […]

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, […]

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, […]

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 […]

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 […]

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 […]