Haryana aims 1.1 MMT rabi oilseeds in 2017-18 vs 945,000 MT yr ago.
CBOT wheat down on poor demand for US crop.
CBOT wheat down on poor demand for US crop.
NCDEX wheat over 1% up on likely hike in import duty.
NCDEX wheat over 1% up on likely hike in import duty.
Haryana aims 12 MMT wheat output in 2017-18, down 3%.
Haryana aims 12 MMT wheat output in 2017-18, down 3%.
Russia wants to start exporting wheat to India, say agri minister.
Russia wants to start exporting wheat to India, say agri minister.
Prairie wheat bids dip with U.S. futures.
Prairie wheat bids dip with U.S. futures.
FAO ups 2017-18 global wheat output view by 1.3 MMT to 750.1 MMT.
FAO ups 2017-18 global wheat output view by 1.3 MMT to 750.1 MMT.
India wheat futures gain 0.73% on rising demand.
India wheat futures gain 0.73% on rising demand.
Philippine corn output likely to hit 7.6 MMT vs 7.22 MMT in LY.
Philippine corn output likely to hit 7.6 MMT vs 7.22 MMT in LY.
CBOT corn futures ended slightly higher.
CBOT corn futures ended slightly higher.
CBOT maize up on bargain buying post recent fall.
CBOT maize up on bargain buying post recent fall.
Govt procurement keeps Nizamabad maize price steady.
Govt procurement keeps Nizamabad maize price steady.
Prices of urad down in Akola on sluggish demand.
Prices of urad in Akola, Maharashtra, fell due to sluggish demand. However, expectations of lower output of the commodity this season, along with buying of the new crop in some states, is likely to push prices higher in the coming months.
Chana prices up in Delhi tracking gains in futures.
Prices of chana in Delhi rise tracking gains in future contracts amid expectations of a rise in demand from millers in the coming days. Futures contract of chana rose on short covering by market participants.
Canadian farmers turn to pulse crops to satisfy India.
Canadian farmers intend to plant more peas and lentils than ever before, as strong Indian demand stokes interest in pulse crops, according to a Reuters industry poll ahead of a government report. Pulses amount for a fraction of Canada’s planted area compared to wheat and canola. But this year they have been the talk of the western Prairies as farmers made seeding plans. Back-to-back droughts in India, the world’s largest importer of edible oils and pulses, has boosted prices and made pulses attractive to Canadian farmers. Pulses are an important protein source in the Indian diet.
NAFED begins procuring moong in Karnataka to help support prices.
The National Agricultural Cooperative Marketing Federation of India started procuring moong sown during the kharif season in Karnataka from Oct 03. After demand from the Karnataka government, started procuring moong from farmers in two districts of the state under the price support scheme, adding that the agency is already buying moong in Telangana since middle of last month.
Rajasthan farmers told to sow chana after Oct 15.
IMD’s Agrimet division has advised farmers in Rajasthan to delay sowing of key rabi crops chana and mustard till Oct 15, and wait for the temperature to fall below 35 degrees Celsius to start sowing.
Malaysia CPO down tracking CBOT soyoil cues.
Futures contracts of crude palm oil on Bursa Malaysia Derivatives fell marginally taking cues from soyoil contracts on CBOT. Prices of crude palm oil and soy oil typically move in tandem, as both are used as substitutes for each other.
India mustard seed futures remain up on strong spot demand.
Mustard seed prices rise in futures trading as participants enlarged positions, driven by a firming trend at the domestic spot markets on robust demand. Apart from tight stocks in the market following pause in supplies from growing regions, festive season demand bolstered trading sentiments at futures trade here.
NCDEX mustard up 1% on improved demand.
Bucking trend in rest edible oil basket, mustard on the NCDEX closed around 1% higher because of improved demand from oil mills at lower price level.