Ukraine corn prices push past feed wheat to 12.5% parity.
Russian corn exports fell 22% YOY.
Russian corn exports fell 22% YOY.
Canadian wheat bids track U.S. futures lower.
Canadian wheat bids track U.S. futures lower.
ITC to enter branded rice segment by end this year, said S. Sivakumar.
ITC to enter branded rice segment by end this year, said S. Sivakumar.
Pakistan rice exports register 27% growth.
Pakistan rice exports register 27% growth.
Shares of Indian sugar companies fall by up to 75% due to a sharp fall in prices.
Shares of Indian sugar companies fall by up to 75% due to a sharp fall in prices.
Centre-south Brazil Feb 16-28 sugar output 5,000 tonne, down 73.8% YoY.
Centre-south Brazil Feb 16-28 sugar output 5,000 tonne, down 73.8% YoY.
Wilmar Sugar makes open offer to buy 26% stake in Renuka Sugars.
Wilmar Sugar makes open offer to buy 26% stake in Renuka Sugars.
Sugar industry expects government to scrap export duty this week.
Sugar industry expects government to scrap export duty this week.
Soybean price down in Indore on thin demand for meal
Soybean prices in Indore fell because of lower demand from crushers who produce soymeal. Lower meal demand is seen pushing prices of the oilseed lower. The most active April futures on the NCDEX, however, rose 2.4%.
NCDEX mustard down on higher arrivals, weak demand
Futures of mustard seed on the NCDEX fell due to higher daily arrivals amid tepid demand from oil millers. Weakness in other edible oils, particularly soyoil, and sluggish demand from oil millers is seen weighing on prices of mustard.
Surge in arrivals weigh on Jaipur mustard seed
Prices of mustard seed fell in Jaipur, Rajasthan, due to a surge in arrivals coupled with lacklustre demand from domestic millers and crushers. Improved harvesting activities in northern region also impacted market sentiments negatively.
Ukraine winter rapeseed conditions best over the past four years
Winter rapeseed had emerged on 98.6% of its planted area of 1009.8 Th ha. This includes 56.2% (559.8 Th ha) of plantings currently in good condition, 0.1% (1.0 Th ha) of winter rape had been lost. Ukrainian farmers have started spring field work. By March 02, winter rapeseed nutrition has been carried out on 184.3 Th ha or 18% of the planted area (1009.8 Th ha) compared to 186 Th ha last year.
Russia oilseed stocks in early Feb. down just 9.4% on the year
Russian growers held 2573 KMT of oilseeds as of February 1, 2018, i.e. 11 KMT (0.4%) less than on the same date last year (2573 KMT). The oilseed inventories decreased by 250 KMT in January. The farming entities held 1490 KMT of sunseed that is down 133 KMT (8.2%) from February 1, 2017 (1620 KMT). Its stocks fell by 130 KMT in January.
China 2017/18 soybean imports to rise above 100 mln tn
China’s 2017/18 soybean imports are expected to climb above 100 million tonnes. China bought 93.5 million tonnes of soybeans in 2016/17.
Chana prices rise in Delhi on millers’ demand.
Prices of chana rose in Delhi due to a rise in demand from dal millers. The most-active April futures of chana on the NCDEX was up 12 rupees.
Tur prices down in Kalaburagi over selling pressure
Tur prices fell in Kalaburagi due to selling pressure ahead of Gudi Padwa and Ugadi festivals. Farmers are also selling off their produce because the financial year is coming to an end.
Maharashtra begins online farmer registrations to buy chana at MSP
The Maharashtra government has started online registration of farmers for the purchase of chana at the minimum support price (MSP). Chana prices have been sluggish and hovering between Rs 3,300 per quintal and Rs 3,500 per quintal in the market, while the MSP has been fixed at Rs 4,250 per quintal with a bonus of Rs 150 per quintal taking the total price to Rs 4,400 per quintal. The government has set up around 185 procurement centres in the state. The Centre has decided to procure some 3 lakh tonne chana under the Price Stabilistation Scheme ( PSS) from the state and begun the online registration process for farmers from last week onwards. Chana procurement is expected to continue till May 29.
Coriander up in Kota on firm demand, low output view
Prices of coriander rose in Kota, Rajasthan because of higher domestic demand amid expectations of a decline in production in the current year. Demand for the well-dried spice is rising as the heat is helping the moisture subside.
Australia’s chickpea exports drop 22pc over January
Australia’s January chickpea exports at 62,781 tonnes dropped 22 per cent from the revised December total of 80,161 tonnes. The drop reflects the impact of the tariff imposed by India in December, which saw January sales to that market total 675 tonnes, down from 21,000 tonnes in December and 185672 tonnes in november.