NCDEX coriander up over 1% on supply shortage.
Ram Gopal Yadav (8 years ago)

Futures contracts of coriander rose over 1% on NCDEX because arrivals in the spot markets of Rajasthan were declining. The most-active July contract traded at 5,120 rupees per 100 kg, up 1.3% from the previous close. In the benchmark market of Kota, the Badami variety of coriander traded at 5,700-5,850 rupees per 100 kg, while the Eagle variety was quoted at 5,900-6,000 rupees. Prices of both varieties were up 200 rupees from previous close. Arrivals in Rajasthan were 3,300 bags (1bag=40kg), down 1,100 bags from the previous day.

India coffee exports during Jan 1- Jun 14.
Ram Gopal Yadav (8 years ago)

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 down on high stock, good output hopes.
Ram Gopal Yadav (8 years ago)

Futures contracts of cotton fell on MCX due to high stocks and a rise in acreage. The USDA has scaled up its estimate for ending stocks of cotton in India for the season to 13.34 million bales (1USbale=480pound) from 13.24 million bales projected in May. Expectation of a higher production of cotton also weighed on the sentiment. Farmers in the country have sown cotton across 1.41 million ha as of Jun 8, up 42.4% on year. On the MCX, the June contract was at 20,090 rupees per bale (1bale=170kg), down 0.6% from the previous close.

India Dairy body to buy 1,400 tonne maize at e-auction.
Ram Gopal Yadav (8 years ago)

The National Cooperative Dairy Federation of India will buy 1,400 tonne maize through a reverse electronic auction on Jun 22. The commodity, used as cattle feed, will be bought on behalf of the Kerala Co-operative Milk Marketing Federation. The National Cooperative Dairy Federation of India, which has nearly 200 dairy cooperatives as members, has developed an online trading platform to purchase feed stock and sell dairy products.

USDA Corn sales higher in latest week.
Ram Gopal Yadav (8 years ago)

Corn and soybean export sales increased in the latest week but matched trade forecasts and topped the paces needed to meet the U.S. Department of Agriculture annual forecasts. Old-crop corn sales of 23.7 million bu. were up about 10 million from a week ago, while new-crop sales of about 531,500 bu. were down sharply from a week ago and missed forecasts. Old-crop sales were led by Mexico, Colombia and China, while the new-crop business went to Panama, the French West Indies and Nicaragua.