Ukraine set for smaller 2017 soybean crop this year.
Weak local demand weighs on mustard prices in Jaipur.
Weak local demand weighs on mustard prices in Jaipur.
NCDEX mustard seed at 2-year low as output seen higher.
NCDEX mustard seed at 2-year low as output seen higher.
Urad down in Delhi on subdued demand from millers.
Urad down in Delhi on subdued demand from millers.
Farm body sells 250 tonne urad via NCDEX spot.
Farm body sells 250 tonne urad via NCDEX spot.
Rajasthan year to Jun chana output seen up 64.5% on year.
Rajasthan year to Jun chana output seen up 64.5% on year.
Weak conditions prevail at pulses market.
Weak conditions prevail at pulses market.
Jaipur barley hits one-week high on lower arrivals
Jaipur barley hits one-week high on lower arrivals
Uttar Pradesh sugar output hits all-time record.
Uttar Pradesh sugar output hits all-time record.
More sugar imports may be needed to avert shortage.
More sugar imports may be needed to avert shortage.
Sugar output seen jumping in Maharashtra.
Sugar output seen jumping in Maharashtra.
USDA pegs China year to Sep 2018 sugar import dn 19% at 4.2 million tonne.
USDA pegs China year to Sep 2018 sugar import dn 19% at 4.2 million tonne.
USDA sees India year to Sep 2018 sugar output up 18% at 25.8 million tonne.
USDA sees India year to Sep 2018 sugar output up 18% at 25.8 million tonne.
Cabinet extends stockholding limit on sugar by 6 months till October 28.
Cabinet extends stockholding limit on sugar by 6 months till October 28.
Punjab pegs year to Jun cotton output up 220% on year.
Cotton crop 1.26 millon bales vs 393,000 bales year ago. Cotton output in Punjab, among the largest producers of the fibre, is estimated to rise a sharp 220% on year to 1.26 millon bales (1bale=170 kg) in 2016-17 (Jul-Jun) because of higher acreage and better yield Cotton output in the state had fallen last year after the crop was severely attacked by white fly.
NCDEX cotton oilcake down on weak demand, spot cues.
Futures contracts of cottonseed oilcake on the NCDEX fell because of weak demand in physical markets. The most active May contract of cottonseed oilcake on the NCDEX was down 0.5% from the previous close. In Akola, the benchmark market in Maharashtra, cottonseed oilcake and in Kadi, Gujarat, both down 20 rupees from previous close. Cheaper alternatives for cattle feed such as mustard feed and guar feed weakened the demand for cottonseed oilcake.
Coriander prices fall in Ramganj on higher arrivals.
Prices of coriander were down in Ramganj as arrivals were higher. In Ramganj, a key wholesale market in Rajasthan, the Badami variety of coriander and the Eagle variety both down 100 rupees from previous close. Arrivals in Ramganj were pegged at 20,000 bags (1bag=40kg) up 7,000 bags from the previous day.
NCDEX coriander up on short covering, low output.
Futures contracts of coriander on the NCDEX were up as investors covered their short positions after prices fell to a five-week low of 6,900 rupees per 100 kg on Tuesday. A 2,420-tn decline in open interest in the May contract indicated short covering. The most active May contract on the NCDEX traded up 0.2% from the previous close.
Maize prices rise in key spot markets.
Maize futures on the NCDEX ended higher due to good demand from buyers for the new crop. The May contract of rabi maize ended at 1,407 rupees per 100 kg, up 0.8% from previous close.
Maize prices tad up in Purnea on good demand.
Prices of maize rose marginally in the key market of Purnea in Bihar, as demand from other states as well as Stuckists rose. In Purnea, maize was sold up 10-15 rupees from previous close. Demand from companies such as Godrej, Cargill and Sugna was firm Arrivals in the market were pegged at 3,000 tonne unchanged from previous close. Arrivals of the coarse grain are likely to reach 5,000-6,000 tonne by the end of this month the most active June contract of maize on the NCDEX was up 0.6% from the previous settlement.