Latest Report on Oil seeds Daily | Oilseeds Daily 20180412.pdf
Latest Report on Coriander Daily | Coriander Daily 20180412.pdf
Latest Report on Coriander Daily | Coriander Daily 20180412.pdf
Latest Report on Pulses Daily | Pulses Daily 20180412.pdf
Latest Report on Pulses Daily | Pulses Daily 20180412.pdf
Latest Report on Barley Daily | Barley_Daily 20180412.pdf
Latest Report on Barley Daily | Barley_Daily 20180412.pdf
South Korea rice output forecast to decline.
South Korea rice output forecast to decline.
Centre-south Brazil 2017-18 sugar output 36.06 mln tn, up 1.2% on yr.
Centre-south Brazil 2017-18 sugar output 36.06 mln tn, up 1.2% on yr.
Tamil Nadu sugar output seen up a tad, but still at historic low.
Tamil Nadu sugar output seen up a tad, but still at historic low.
Experts warn of food crisis as armyworm attacks Kenya maize farms.
Experts warn of food crisis as armyworm attacks Kenya maize farms.
India maize futures surge 1.27% on upbeat sentiments.
India maize futures surge 1.27% on upbeat sentiments.
Local demand drives EU wheat consumption despite poor exports.
Local demand drives EU wheat consumption despite poor exports.
CBOT wheat down 1% as USDA ups global output estimate.
CBOT wheat down 1% as USDA ups global output estimate.
With higher output, lower prices and likely import curbs, wheat may go the pulses way.
With higher output, lower prices and likely import curbs, wheat may go the pulses way.
Delhi wheat prices tad up; market seen stable om 11 April.
Delhi wheat prices tad up; market seen stable om 11 April.
Source says govt April 1 wheat stock at 13.23 MMT, up 64% YoY.
Source says govt April 1 wheat stock at 13.23 MMT, up 64% YoY.
Rain forecast worries wheat farmers in Punjab and Haryana.
Rain forecast worries wheat farmers in Punjab and Haryana.
OILSEEDS WASDE APRIL OUTLOOK:
U.S. soybean supply and use changes for 2017/18 include increased crush, lower seed and residual use, and lower ending stocks. Soybean crush is projected at a record 1,970 million bushels, up 10 million reflecting higher soybean meal prices which are supporting crush margins. Seed use is reduced in line with the plantings indicated in the March 29 Prospective Plantings report. With exports unchanged, soybean ending stocks are projected at 550 million bushels, down 5 million. Soybean oil changes include increased production, exports, and ending stocks. Soybean oil used for biodiesel is reduced this month reflecting lower-than-expected use through the first four months of the marketing year. The season-average soybean price is forecast at $9.10 to $9.50, unchanged at the midpoint. The soybean oil price is projected at 30.5 to 32.5 cents per pound, also unchanged at the midpoint. Soybean meal prices are projected at $340 to $360 per short ton, up $10.00 at the midpoint. The 2017/18 global oilseed supply and demand forecasts include lower production, exports, crush, and ending stocks compared to last month. Global oilseed production is lowered 5.7 million tons to 568.8 million, with a 6.1-million-ton reduction for soybean production and slightly higher projections for rapeseed, sunflower seed, copra, and palm kernel. Lower soybean production for Argentina, India, and Uruguay is partly offset by higher production for Brazil. Soybean production for Brazil is forecast at record 115.0 million tons, up 2.0 million on higher projected yields for Mato Grosso, Mato Grosso do Sul, and Parana due to beneficial rainfall during the growing season. For Argentina, production is lowered 7.0 million tons to 40.0 million on reduced harvested area and yield, reflecting dry conditions during January through March. With reduced production, soybean crush for Argentina is lowered 1.8 million tons to 41.2 million, resulting in lower soybean meal and oil supplies traded globally. Other oilseed production changes include reduced sunflower and peanut production for Argentina, higher sunflower seed production for the European Union, and increased rapeseed production for Belarus. Global oilseed trade for 2017/18 is projected at 174.1 million tons, down 0.6 million on lower soybean, peanut, and rapeseed shipments. Soybean exports are reduced 0.2 million tons as higher exports for Brazil, Russia, and Ukraine are offset by lower exports for Argentina and Uruguay. Peanut and rapeseed exports are lowered for Senegal and the European Union, respectively. Global soybean ending stocks are lowered 3.6 million tons to 90.8 million with reductions mainly for Argentina, Brazil, and the EU.
Tur prices down in Akola as millers’ demand subdued
Prices of tur fell in Akola, the benchmark market, due to subdued demand from dal millers.
Chana up in Delhi on improved demand from stockists
Prices of chana were up in Delhi due to improved demand from domestic stockists and dal millers after a recent fall in prices. Procurement of pulse by the government and a fall in arrivals also supported prices of the commodity.
NCDEX chana stocks up ahead of staggered delivery
Stocks of chana, barley and coriander rose at the exchange warehouses ahead of staggered delivery period in the April contract.
Malaysia CPO ends flat; CBOT soy down, ringgit weak
Crude palm oil futures on Bursa Malaysia Derivatives settled largely flat as losses due to weakness in soyoil contracts on CBOT were offset by gains from a weak ringgit against the dollar. Prices of crude palm oil and soyoil typically move in tandem as the commodities are used as substitutes. Weakness in the Malaysian currency makes the commodity cheaper for buyers holding other currencies. The most active June contract of crude palm oil on the Malaysian bourse closed at 2,431 ringgits (40,936.63 rupees) per tn, down 0.1% from the previous close.