Shrinking supply lifts barley to 3-wk high in Jaipur
Ram Gopal Yadav (7 years ago)

Prices of barley hit a three-week high in Jaipur, Rajasthan, due to shrinking supply along with improved demand from stockists and poultry feed companies. Supplies have declined as farmers hold back their produce expecting a further rise in prices.

Govt asks NAFED to transfer some procured pulses to buffer stocks
Ram Gopal Yadav (7 years ago)

Around 16 lakh tn (1.6 mln tn) of pulses at present under PSS (price support scheme) and the government has asked NAFED to transfer some stocks to buffer as its size is shrinking. The 2.0-mln-tn buffer stock, created two years back amid extreme volatility in prices, has now fallen to 1.3 mln tn as a part of it was disposed due to low shelf life of around two years.

Malaysia CPO up on CBOT soy cues; export data eyed
Ram Gopal Yadav (7 years ago)

Futures contracts of crude palm oil on the Bursa Malaysia Derivatives rose marginally, tracking overnight gains in soyoil contracts on CBOT. The most-active July contract was up 7 ringgits at 2,415 (40,825 rupees) ringgits per tn. Prices of crude palm oil and soy oil move in tandem. Overall sentiment for the palm oil, however, remains weak due to expectation of higher output in the second half of the year.

Soybean research body sees 2018-19 output up 20% at 14 mln tn.
Ram Gopal Yadav (7 years ago)

Output of soybean in the country is likely to increase to 14.0 mln tn in 2018-19 (Jul-Jun) kharif season compared with 11.7 mln tn last year as more area is expected to come under the crop following forecast of normal monsoon. Soybean production will rise if monsoon arrives on time. Normal duration and distribution of rains in key growing areas may also boost the yield of the crop.

Mustard seed up in Jaipur on demand for oil, meal
Ram Gopal Yadav (7 years ago)

Prices of mustard seed were up in Jaipur, Rajasthan owing to improved demand for mustard oil and meal from domestic stockists, oil millers and crushers. A fall in arrivals also supported mustard seed prices. Export demand for mustard meal also supported prices in the domestic market.