India coffee exports during Jan 1 – Mar 21
Ram Gopal Yadav (7 years ago)

The Coffee Board of India has finalised its crop estimate for 2016-17 at 312,000 tn, down from 348,000 tn produced a year ago, and also down from the estimate of 316,700 tn. The board has estimated output for 2017-18 at a record high of 350,400 tn, up 12.3% on year.

Maharashtra govt procures 127,000 tn tur from 105,000 farmers so far
Ram Gopal Yadav (7 years ago)

The Maharashtra government has procured 127,000 tn of tur in the season so far from about 105,000 farmers. The state started procuring the commodity after market prices slipped below the minimum support price of 5,450 rupees per 100 kg. Prices fell because of a spike in arrivals of the new crop coupled with subdued demand from millers. The state has also procured 5,434 tn of moong, 58,600 tn urad, 26,200 tn soybean and 400 tn of gram.

Sugar cos offer 210 mln ltr ethanol to oil cos in second tender
Ram Gopal Yadav (7 years ago)

Oil marketing companies have received bids for supply of 210 mln ltr of ethanol, against the 1.17 bln ltr sought in the second tender for 2017-18 (Dec-Nov). Of the 210 mln ltr offered, supply of 170 mln ltr has been allocated so far. Other offers will be scrutinised and total supply will be finalised soon. In the first tender for the season, mills had offered to supply 1.55 bln ltr of ethanol, against the 3.13 bln ltr sought by oil retailers.

USDA arm sees ’18-19 Thai rice crop at record high
Ram Gopal Yadav (7 years ago)

Thailand’s rice output in 2018-19 (Jan-Dec) is likely to touch a record high of 21.0 mln tn, and up 3% from a year ago. The rise has been attributed to higher acreage following lucrative prices and sufficient reservoir volumes to support irrigation. Rice acreage for the current season is estimated at 11.0 mln ha against 10.7 mln a year ago. Despite a rise in output, exports in 2018-19 are seen unchanged on year at 10 mln tn.

Barley in Jaipur over 2-yr low as new crop supply up
Ram Gopal Yadav (7 years ago)

Prices of barley in Jaipur, the benchmark market in Rajasthan, hit an over two-year low down 25 rupees, due to rising arrivals of the new crop. Subdued demand from malt industries and domestic stockists, also weighed on barley prices. The demand for domestic barley is subdued, because stockists have already procured imported barley.