NCDEX coriander down 1% as traders book profits.
India coffee exports during Jan 1- Aug 28.
India coffee exports during Jan 1- Aug 28.
All-India cotton arrivals steady at 2,600 bales as on 28 aug.
All-India cotton arrivals steady at 2,600 bales as on 28 aug.
NCDEX maize up on bargain buys.
NCDEX maize up on bargain buys.
Corn hits contract low ahead of big U.S. harvest.
Corn hits contract low ahead of big U.S. harvest.
Madhya Pradesh OKs price deficit scheme for 8 kharif crops this year.
Madhya Pradesh OKs price deficit scheme for 8 kharif crops this year.
Japan, in efforts to crack China rice market, hits on heat-and-eat.
Japan, in efforts to crack China rice market, hits on heat-and-eat.
Vietnam to reform rice production, improve exports.
Vietnam to reform rice production, improve exports.
Odisha farmers asked to check insect attack on paddy.
Odisha farmers asked to check insect attack on paddy.
UP govt announces new paddy purchase policy, to purchase record 5 MMT.
UP govt announces new paddy purchase policy, to purchase record 5 MMT.
EU wheat touches contract low as strong euro hits export hopes.
EU wheat touches contract low as strong euro hits export hopes.
Egypt purchases 295,000 tonnes of wheat in tender.
Egypt purchases 295,000 tonnes of wheat in tender.
Ukrainian milling wheat market; downward trends persisted.
Ukrainian milling wheat market; downward trends persisted.
Russia stepping up wheat supplies to Bangladesh.
Russia stepping up wheat supplies to Bangladesh.
Jordan receives 50000 metric tonnes of US wheat in grant.
Jordan receives 50000 metric tonnes of US wheat in grant.
Wheat prices fall in Indore on weak demand.
Wheat prices fall in Indore on weak demand.
Traders peg yellow pea imports at 600,000-650,000 tonne so far FY18.
India has bought 600,000-650,000 tonne yellow peas so far since April, almost the same level as the year-ago period. Roughly 300,000 tonne has been bought for the east coast so far, about 250,000 tonne for Mumbai and Mundra and the rest for other ports. While imports contracted in April were at a landed cost of about $340-$350 a tonne for the west coast, prices have since eased to about $325 a tonne. There is a possibility of prices easing by another $5-$10 a tonne in the coming months, as demand from India is seen lower this year due to ample supplies of other pulses in the country. India’s total pulses output was at a record 22.95 million tonne in the crop year ended June, up more than 40% from previous year.
Pulses import at Nhava Sheva port down 44% on-month at 78,816 tonne Jul.
Import of pulses at Mumbai’s Nhava Sheva port in July was down 43.7% on month at 78,816 tonne, according to data from a shipping agent. Import of pulses declined in July as domestic prices were lower than those in the global markets. A sharp decline in imports of chana, moong and urad led to a fall in imports in the last month.
Traders say 200,000 tonne new Australian chana to reach India Oct-Dec.
Traders bought Australia chana at $840-$880/tonne for Oct-Dec. About 200,000 tonne of new Australian chana is likely to reach India during Oct-Dec. The Australian chickpea crop is likely to be harvested early this year, and some of that crop has been already tied up for export. About 50,000 tonne Australian chana is likely to reach India in October, another 90,000 tonne in November, and 50,000-70,000 tonne in December. Australian chana prices are likely to fall further in the coming months once rabi sowing in India starts.
NAFED buys 60,119 tonne chana of 2016-17 crop from 4 states.
The National Agricultural Cooperative Marketing Federation of India has procured over 60,119 tonne of chana from the 2016-17 (Jul-Jun) rabi crop as of Saturday from four states. Procurement drive in Madhya Pradesh, Uttar Pradesh, Rajasthan, and Haryana. Procurement operations have been reined in as prices have risen above minimum support price in most key spot markets. NAFED has been buying chana under the price stabilization fund since June when prices fell below the minimum support price of 4,000 rupees per 100 kg. The highest quantity–44,094 tonne–has been procured from Rajasthan, where NAFED has 33 procurement centres, while in Madhya Pradesh 14,572 tonne has been bought from 25 centres set across the state.