Hardy teff rice to take root in India this kharif.

After chia and quinoa, teff is the new superfood that is set to make an entry into the Indian farm sector. Teff, a drought-resistant rice, is a staple food crop of Ethiopia, and the grain dates to the Abyssinian civilisation. We had brought the seeds from the US Department of Agriculture four years ago and carried out trials in various locations, including areas around Mysuru, parts of Tamil Nadu and in Bagalkot, North Karnataka. Two of the 19 varieties are suitable for Indian conditions. The upcoming kharif season teff being planted in Karnataka. Grain has a potential to yield 200-250 kg per acre. Teff, a hardy crop, can be grown in both kharif and rabi seasons. It is suitable for districts with dry zones in Karnataka. The international wholesale prices of teff are around ₹650-700 a kg.

Basmati rice exports up by 154.28 % in March in Pakistan.

The exports of basmati rice from the country during the month of March 2017 increased by 154.28 percent as compared the exports of the corresponding month of last year. During month of March, about 45,745 metric tons of basmati rice worth $43.976m were exported as compared the exports of 17,412 metric tons valuing of $17.294m of same month last year.

Odisha to procure 60 lakh metric tonne of paddy this year.

Optimistic to set a record procurement of about 60 lakh metric tonne of paddy this year, Odisha government today said the rabi exercise would start from May 1. Optimistic to set a record procurement of about 60 lakh metric tonne of paddy this year, Odisha government today said the rabi exercise would start from May 1. It is targeted to procure total 60 lakh MT paddy in both kharif and rabi, this year.

Indian coffee exports (in tonne).

The Coffee Board of India has finalised its crop estimate for 2015-16 at a record-high of 348,000 tonne, up from 327,000 tonne produced a year ago, but down from previous estimate of 350,000 tn. The board has estimated the output for 2016-17 at 316,700 MT tonne, down 9% on year.

MCX cotton futures down on spot cues, likely higher output.

Futures contracts of cotton on MCX fell for the third consecutive trading session, tracking weakness in spot prices. The most-active May contract of cotton was at 20,940 rupees per bale (1bale=170kg), down 0.7% from previous close. Subdued demand for cotton across spot markets kept prices under pressure. Cotton output in Punjab, among the largest producers in the country, is likely to rise a whopping 220% on year to 1.26 million bales in 2016-17 (Jul-Jun), while in Haryana, output is seen up 106% on year at 2.04 million bales, according to third advance estimates of the state farm departments. For the rest of the day, cotton futures are likely to trade down due to selling pressure amid thin volumes.

All-India cotton arrivals down.

Cotton arrivals at major spot markets across the country were pegged at 73,300 bales (1 bale = 170 kg) on Monday, marginally down from 73,800 bales on previous close.

NCDEX coriander hits 6-week low on muted demand.

Futures contracts of coriander extended previous close losses and hit a six-week low on the NCDEX because of muted demand from domestic consumers. The fall in prices was also triggered by a 765-tn rise in inventories at exchange-designated warehouses to 22,167 tonne on previous close. The most-active May contract on the NCDEX was down 4 rupees from the previous close. In Kota, market in Rajasthan, the Badami variety and the Eagle variety of coriander both down 100 rupees from previous close. Arrivals in Kota were pegged at 3,000 bags (1bag=40kg) down 2,000-3,000 bags from the previous day.

Indian maize up in Nizamabad.

Maize prices rose in Telangana Nizamabad market, the benchmark market for the coarse grain, because of a firm demand and low supply. In Telangana, the coarse grain was sold up 10 rupees from previous close. Around 2,000 bags (1bag=100kg) of maize arrived in Nizamabad down from 2,100 bags on previous close. On the National Commodity Derivatives Exchange, the June contract of maize fell as investors booked profits after prices hit a near four-month high on previous close. On NCDEX, the contract ended down 1.3% from the previous close.