India coffee exports during Jan 1- Aug 17.
J Thomas and Co sells 74 tn coffee at auction on 17 aug, up 4% on week.
J Thomas and Co sells 74 tn coffee at auction on 17 aug, up 4% on week.
NCDEX to settle Aug coriander on futures rate as Kota market shut.
NCDEX to settle Aug coriander on futures rate as Kota market shut.
Australia’s wheat production estimated 22 MMT vs USDA’s 23.5 MMT.
Australia’s wheat production estimated 22 MMT vs USDA’s 23.5 MMT.
Bloomberg estimated Canadian wheat production 2017 at 26.4 MMT vs USDA 28.35 MMT.
Bloomberg estimated Canadian wheat production 2017 at 26.4 MMT vs USDA 28.35 MMT.
Australia wheat prices fall as global supply up, crop concerns ease.
Australia wheat prices fall as global supply up, crop concerns ease.
Wheat up in spot markets on demand from mills.
Wheat up in spot markets on demand from mills.
Iraq seeking 30000 tonnes of rice in purchase tender.
Iraq seeking 30000 tonnes of rice in purchase tender.
Basmati rice prices surge on increased offtake.
Basmati rice prices surge on increased offtake.
Uttar Pradesh govt gives bonus of Rs.15 on paddy MSP in MY 2017-18.
Uttar Pradesh govt gives bonus of Rs.15 on paddy MSP in MY 2017-18.
China sold 494,714 MT of corn from 2013 and 2014 on 18 august.
China sold 494,714 MT of corn from 2013 and 2014 on 18 august.
China corn production is forecast to decrease from last year.
China corn production is forecast to decrease from last year.
CBOT corn falls as dry weather fears ease.
CBOT corn falls as dry weather fears ease.
India kharif maize sowing 7.67 mln ha (down 5.93%) ha vs 8.16 mln ha.
India kharif maize sowing 7.67 mln ha (down 5.93%) ha vs 8.16 mln ha.
Urad, its dal remains weak on low demand.
Barring a further fall in urad and its dal prices on muted demand, other pulses held steady at the wholesale pulses market. Easing demand from retailers against adequate stocks position on increased supplies from producing regions mainly kept pressure on urad and its dal prices.
Delhi chana up on low arrivals, demand from millers.
Prices of chana were higher in Delhi because of lower arrivals in the local market along with demand from the dal millers ahead of festivals. However, in Bikaner, prices were unchanged due to subdued demand, while arrivals were steady. The most active September futures on the NCDEX was marginally down 0.1%.
India Pulses rise 20% post import curbs.
The government import restriction on arhar, tur seems to have paid off with pulses prices rising by 20 per cent in the Mumbai wholesale markets. Traders, farmers and companies feel this is a positive trend ahead of the harvest of urad and moong pulses in Madhya Pradesh and Maharashtra, as prices have been ruling below the minimum support price fixed by the government. Weak and uneven rains in key pulses growing states were a concern for the trade which had led to the rise in prices. If the government allows export of pulses for the entire trade rather than only giving importers the benefit to export, prices can further increase. Further, if the government procures pulses which are soon going to be harvested at MSP rate, it supports the price. Also, the decision of the government to offload its 1.9 million tonnes of pulses buffer stock have an impact on the market.
Gujarat farmers advised to plant oilseeds post floods.
IMD Agrimet division has advised farmers in Gujarat to plant sunflower and sesame if the first crop failed due to the recent flood or water logging. Groundnut, soybean, castor, and guar are among the major crops grown in the state. Gujarat has received 26% above-normal rains in the southwest monsoon season so far.
Groundnut oil strengthens on rising demand.
Groundnut oil strengthened at the Vashi oils and oilseeds wholesale market here on consistent demand from stockists and retailers. Refined palmolein also surged following sustained demand from retailers. Castorseeds bold and castor oil commercial also firmed up due to persistent demand from shippers and soap industries.
Mustard, cottonseed rise on uptick in demand.
Prices of mustard and cottonseed oils rose by Rs 50 per quintal at the wholesale oils and oilseeds market today due to pick up in demand from Vanaspati millers. Castor oil, in the non-edible section, also strengthened on increased offtake by consuming industries. Rising demand from Vanaspati millers and retailers against restricted supplies from producing belts, mainly led to the rise in mustard and cottonseed oil prices.