Latest Report on Rapeseed Weekly | Rapeseed Weekly 20171113.pdf
India coffee exports during Jan 1- Nov 9.
India coffee exports during Jan 1- Nov 9.
USDA raises 2017-18 US, China cotton output estimates by 1-2%.
USDA raises 2017-18 US, China cotton output estimates by 1-2%.
Odisha farmer grows pest-resistant paddy.
Odisha farmer grows pest-resistant paddy.
Chhattisgarh procurement drive to begin from Nov. 15.
Chhattisgarh procurement drive to begin from Nov. 15.
USDA cuts 2017-18 India rice output view by 2.5 MMT to 107.5 MMT.
USDA cuts 2017-18 India rice output view by 2.5 MMT to 107.5 MMT.
India basmati rice exports may drop to 3-year low on new EU rule.
India basmati rice exports may drop to 3-year low on new EU rule.
Total 16.6 MMT paddy procured in Punjab.
Total 16.6 MMT paddy procured in Punjab.
Relaxed rules on U.S. wheat imports possible.
Relaxed rules on U.S. wheat imports possible.
Hard red spring wheat bids firm on Prairies.
Hard red spring wheat bids firm on Prairies.
Black Sea wheat shipments to India threatened by import tax hike.
Black Sea wheat shipments to India threatened by import tax hike.
USDA cuts India FY18 wheat import view to 3 MMT.
USDA cuts India FY18 wheat import view to 3 MMT.
CBOT wheat eases on ample supplies, firm dollar.
CBOT wheat eases on ample supplies, firm dollar.
First Indian wheat consignment via Chabahar reaches Afghanistan.
First Indian wheat consignment via Chabahar reaches Afghanistan.
WASDE RICE NOVEMBER OUTLOOK:
WASDE RICE NOVEMBER OUTLOOK:
WASDE WHEAT NOVEMBER OUTLOOK:
WASDE WHEAT NOVEMBER OUTLOOK:
India Soybean, mustard down; CPO, soyoil rise marginally.
Futures contracts of components in the edible oil basket traded mixed, with refined soyoil and crude palm oil contracts rising marginally on domestic exchanges. Futures contracts of soybean ended nearly 1% lower on the National Commodity and Derivatives Exchange, taking cues from the spot markets where tepid demand from bulk buyers kept prices subdued. Prices of the oilseed had risen in the past sessions on expectations of a hike in import duty on edible oils, which weighed on demand. On the NCDEX, soyoil contracts were up 0.2% from the previous close. Mustard contracts on the NCDEX fell by 0.6% tracking spot markets and due to lacklustre demand from oil millers and mustard meal exporters.
USDA raises world 2017-18 oilseed output estimate to 578.8 mln tn.
The US Department of Agriculture has raised its estimate for global oilseed output in 2017-18 to 578.82 mln tn from 576.99 mln tn projected in October. The department has raised its forecast for global soybean output to 348.89 mln tn, up by 101,000 tn from the previous month forecast. The agency has estimated Brazil soybean output at 108 mln tn, up by 1 mln tn, due to a rise in area under the crop in the hrowing areas Parana and Rio Grande do Sul. Soybean production in the US, one of the major growers of the oilseed, however, is seen slightly lower at 120.44 mln tn, against the October forecast of 120.58 mln tn.
Indonesia palm oil exports down 7.5% on month at 2.76 mln tn in Sep.
Indonesia palm oil exports fell 7.5% month on month to 2.76 mln tn in September despite higher production and lower supply of other vegetable oils in the global market. palm oil exports (excluding palm oil-based biodiesel and oleochemicals) to China dropped 17.5% month on month to 370,470 tn in Sep, and those to India were 17% lower month on month at 650,750 tn.
Malaysia Oct palm oil output up 13% on month at 2.01 mln tn.
Production of palm oil in Malaysia soared 12.9% on month in October to 2.01 mln tn, while palm oil inventories were up 8.4% at 2.19 mln tn. Exports of palm oil increased 2.04% to 1.55 mln tn. Crude palm oil stocks were at 1.23 mln tn at the end of October, up 15.38% on month, while processed palm oil stocks were up 0.58% at 959,251 tn. Malaysia is the world’s second-largest producer and exporter of palm oil. Biodiesel exports from Malaysia were at 5,572 tn in October, down 33.61% from September.