Bonus of Rs 300/qtl announced for paddy farmers in Chhattisgarh.
USDA retains Thailand rice output view despite floods.
USDA retains Thailand rice output view despite floods.
Iranian importers default on Indian rice deals.
Iranian importers default on Indian rice deals.
Rice prices drop in major exporters including India on weak demand.
Rice prices drop in major exporters including India on weak demand.
Appellate body to decide on Madhya Pradesh basmati tag claim.
Appellate body to decide on Madhya Pradesh basmati tag claim.
CBOT wheat climbs on end-month technical buying.
CBOT wheat climbs on end-month technical buying.
EU wheat prices rise on Chicago gains, poor Canadian crop.
EU wheat prices rise on Chicago gains, poor Canadian crop.
Excess moisture threatens 34% of Argentina 2017/18 wheat crop.
Excess moisture threatens 34% of Argentina 2017/18 wheat crop.
Egypt permits 13.5% moisture limit in wheat for additional nine months.
Egypt permits 13.5% moisture limit in wheat for additional nine months.
Russia wheat export too slow to hit forecast level.
Russia wheat export too slow to hit forecast level.
Fall in Russian milling wheat prices.
Fall in Russian milling wheat prices.
U.S. corn jumps 3.5%, joining broad commodities rally.
U.S. corn jumps 3.5%, joining broad commodities rally.
Cargill estimates Brazil to export 5 million tonnes of corn in Aug.
Cargill estimates Brazil to export 5 million tonnes of corn in Aug.
Korea corn processing industry association purchased about 60,000 MT corn.
Korea corn processing industry association purchased about 60,000 MT corn.
Dry spell in south to trim India kharif maize crop by 1 MMT.
Dry spell in south to trim India kharif maize crop by 1 MMT.
Madhya Pradesh traders fear rains may hit maize crop.
Madhya Pradesh traders fear rains may hit maize crop.
Tur prices down in Akola tracking weakness in chana.
Prices of tur in Akola were down, tracking weakness in chana prices, and due to a revival in monsoon rains in key growing areas. Lower demand for tur from dal millers is also seen weighing on sentiment.
India OKs tur import from Myanmar.
India, which had capped import of tur at 200,000 tonne earlier this month, has now relaxed the curbs for tur consignments coming from Myanmar for which advance payments had been made prior to the restriction. Tur import consignments from Myanmar for which advance payments were made before Aug 5, and invoices and payment documents have been authenticated by the Myanmar government and banks, allowed to come in despite the import cap. The relaxation comes as a relief to Burmese pulses exporters, which have sold large quantities of tur to India. On Aug 5, India had capped import of tur at 200,000 tonne per annum to check the fall in local prices following a bumper harvest of pulses in 2016-17. The import cap, in effect, was a ban on further imports of tur, as India had imported close to 250,000 tonne of tur during Apr-Jul. The import restrictions on tur are not applicable to imports under bilateral trade agreements.
NCDEX Chana futures slide 2.48% on weak demand.
Chana prices were traded lower by 2.48 per cent in futures market as speculators reduced their exposure, driven by easing demand in the spot market against adequate stocks. At the National Commodity and Derivatives Exchange, chana for delivery in September moved down by Rs 157, or 2.48 per cent. Cutting down of positions by traders owing to subdued demand in the physical market against enough stock position primarily led to the decline in the chana prices.
Rajkot Tur dal prices improved due to short supply.
Market delivery prices of food grains and pulses at Rajkot in India western state of Gujarat opened on a mixed trend. Bajri prices eased due to low retail demand. Tur Dal prices improved due to short supply. Arrivals-transactions at market yard are low. It resumed after 10 days as commission agents called off their strike.