In U.S. improving weather views pressure soybean.
USDA pegged global soybean exports at 149.06 mln tn, down from 149.56 mln tn estimated in May.
USDA pegged global soybean exports at 149.06 mln tn, down from 149.56 mln tn estimated in May.
USDA raises world 2017-18 oilseed output estimate to 573.03 mln tn.
USDA raises world 2017-18 oilseed output estimate to 573.03 mln tn.
Soybean CBOT futures 5 to 6 cents low.
Soybean CBOT futures 5 to 6 cents low.
NCDEX soybean up on bargain buying, low supply
NCDEX soybean up on bargain buying, low supply
Erratic 2nd half of monsoon may hit soybean crop.
Erratic 2nd half of monsoon may hit soybean crop.
Gram, arhar rise on stockists buying in National market.
Gram, arhar rise on stockists buying in National market.
Jaipur moong up as Madhya Pradesh may procure more.
Jaipur moong up as Madhya Pradesh may procure more.
Akola tur falls as supply likely to rise.
Akola tur falls as supply likely to rise.
Delhi chana down as arrivals double, demand slips.
Delhi chana down as arrivals double, demand slips.
Farmers switch from paddy to pulses for better returns in sambalpur (Odisha).
Farmers switch from paddy to pulses for better returns in sambalpur (Odisha).
Veggies, pulses drag inflation to record low of 2.18% in May.
Veggies, pulses drag inflation to record low of 2.18% in May.
Ukraine exports 0.732 MMT of sugar since early 2016/17.
Ukraine exports 0.732 MMT of sugar since early 2016/17.
Maharashtra sugar production to rise by 74% in 2017-18.
Maharashtra sugar production to rise by 74% in 2017-18.
India sugar down in most spot markets as rains seen boosting output.
India sugar down in most spot markets as rains seen boosting output.
Source says govt may mull 60% sugar import duty if global prices low.
Source says govt may mull 60% sugar import duty if global prices low.
NCDEX coriander rises as supplies seen declining.
Futures contracts of coriander on the NCDEX were up as supplies in Rajasthan markets are likely to decline because stockists are holding on to their produce in anticipation of a rise in prices. The most active July contract was at 4,820 rupees per 100 kg, up 0.9% from the previous settlement. In Kota, the benchmark market, the Badami variety of coriander was sold at 5,700 rupees per 100 kg, while the Eagle variety was quoted at 5,900 rupees, both up 100-150 rupees from previous close.
India coffee exports during Jan 1- Jun 9.
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 as India 2017-18 end-stocks seen up.
Futures contracts of cotton on the MCX fell as USDA raised its estimate for India cotton ending stocks for 2017-18 (Aug-Jul). On the MCX, the June contract was at 20,580 rupees per bale (1bale=170 kg), down 0.8% from the previous close. Higher acreage in Gujarat, the largest producer, further dampened sentiment. As on Jun 5, cotton acreage in Gujarat was at 49,500 ha, higher than 15,200 ha a year ago.
USDA ups India 2017-18 cotton ending stock estimate to 13.3 million bales.
USDA has scaled up its estimate for ending stocks of cotton in India for 2017-18 (Aug-Jul) to 13.34 million bales (1USbale=480pound) from 13.24 million bales projected in May. Global ending stocks of cotton for 2017-18 are seen at 87.71 million bales, up from 87.14 million bales estimated a month ago. The department has kept its estimate for the world largest producer of cotton, India year-to-July 2018 crop unchanged at 28.00 million bales, while it has lowered its forecast for exports to 4.2 million bales from 4.5 million bales estimated in May. Global cotton production in 2017-18 is seen at 114.73 million bales, against 113.22 million bales estimated earlier, due to higher output in Pakistan, China, and Mexico. For 2017-18, cotton imports by India are seen at 1.75 million bales, unchanged from the previous estimate.