US corn plantings miss expectations after eking out small rise.
Brazil corn farmers to get relief from late April rain.
Brazil corn farmers to get relief from late April rain.
Forecast of normal monsoon weighs on wheat, maize.
Forecast of normal monsoon weighs on wheat, maize.
Wheat prices rise in Delhi due to higher demand.
Wheat prices rise in Delhi due to higher demand.
Wheat procurement in Haryana crosses 37 lakh tonnes.
Wheat procurement in Haryana crosses 37 lakh tonnes.
Wheat piles up at Khanna (Punjab) grain market due to slow lifting.
Wheat piles up at Khanna (Punjab) grain market due to slow lifting.
Wheat procurement on in Hoshiarpur (Punjab).
Wheat procurement on in Hoshiarpur (Punjab).
Japan offers to buy 101,902 tonne food wheat via tender.
Japan offers to buy 101,902 tonne food wheat via tender.
Iraq re-issues 50,000 mt wheat tender.
Iraq re-issues 50,000 mt wheat tender.
German winter wheat production to fall 3% year-on-year 23.4 MMT.
German winter wheat production to fall 3% year-on-year 23.4 MMT.
India rice basmati slides on muted demand.
India rice basmati slides on muted demand.
ISMA says India Oct 1-Apr 15 sugar output at 29.98 MMT.
ISMA says India Oct 1-Apr 15 sugar output at 29.98 MMT.
ICE tweaks raw sugar contract rules around CAFTA quota.
ICE tweaks raw sugar contract rules around CAFTA quota.
Uganda’s 2018 sugar output may rise 17% on top 3 producers.
Uganda’s 2018 sugar output may rise 17% on top 3 producers.
India sugar price falls; cane arrears cross INR 20,000 crore on record output.
India sugar price falls; cane arrears cross INR 20,000 crore on record output.
NCDEX coriander hits 2-wk low on weak bulk demand
Futures contracts of coriander on the NCDEX declined, tracking prices in spot markets that fell due to lower demand from stockists. The front month April contract on the NCDEX shed 0.9% to close at a two-week low. Prices of coriander also fell in key market Gondal. Demand for coriander from spice makers and stockists fell as they have covered their near-term requirement.
Jaipur barley up on low supply despite peak season
Prices of barley rose in Jaipur, the benchmark market, due to a fall in arrivals despite its peak season. Supplies have declined because farmers are holding back their produce on expectation of a further rise in prices. However, weak demand from malt industries capped gains.
NCDEX marks 6,510 tn soybean for staggered delivery in Apr
The National Commodity and Derivatives Exchange on Tuesday marked 6,510 tn soybean, 2,230 tn mustard, and 2,050 tn of cottonseed oilcake for staggered delivery in the April contract. The exchange also marked 1,950 tn wheat, 1,330 tn castor, 830 tn guar seed, 440 tn coriander, 380 tn chana, 375 tn jeera, 370 tn barley, 315 tn guar gum, and 55 tn turmeric for staggered delivery in the same contract. The April series of these commodities will expire on Apr 20.
Brazil, Argentina may fill the US soybean export gap.
Argentina and Brazil may fill China’s soybean needs if China imposes a 25% tariff on U.S. soybean exports. The impact depends on what happens during negotiations. It is so hard to say, This is what is going to happen. There are so many other moving parts. This is a disagreement between the U.S. and China, but it has amifications for Argentina and Brazil.
India mustard oil weakens on sluggish demand.
Mustard oil prices softened by at the wholesale oils and oilseeds market owing to slackened demand. Castor and linseed oils in the non-edible section, also eased on reduced offtake by consuming industries. Besides easing local demand, adequate stocks positions on increased arrivals from producing belts, mainly led to a decline in mustard oil prices.