Cargill to open Davangere corn silo in May.
Cargill to open $ 10 Mln corn bulk storage facility in India.
Cargill to open $ 10 Mln corn bulk storage facility in India.
Punjab, Haryana need to look beyond paddy.
Punjab, Haryana need to look beyond paddy.
India rabi paddy procurement from May 1.
India rabi paddy procurement from May 1.
FAO says avg Jan-Apr export price of Indian non-basmati rice up 12%.
FAO says avg Jan-Apr export price of Indian non-basmati rice up 12%.
Punjab 2018-19 rice crop aim 11.6 MMT, down 13% on lower acreage.
Punjab 2018-19 rice crop aim 11.6 MMT, down 13% on lower acreage.
Soybean futures saw weakness into the close, with the nearby contracts 7 to 7 3/4 cents lower.
Soybean futures saw weakness into the close, with the nearby contracts 7 to 7 3/4 cents lower. Soy meal was down $1.10/ton, with front month soy oil 8 points in the red. The USDA reported a private export sale of 120,000 MT of soybeans for 18/19 to Argentina. Soybean export inspections during the week of 4/26 totaled 679,379 MT. That was 43.83% larger than the week prior and 22.53% above the same week last year. This afternoon’s Crop Progress report indicated that the US soybean crop was 5% planted on Sunday. That is even with the average but 4% lower than this time last year.
Cargill resumes operations at two crushing facilities in Argentina
Agribusiness major Cargill resumed normal operations at two of its grain crushing plants in Argentina after suspending operations on April 20 as oilseed crushing workers undertook a series of strike actions.
Rising Mato Grosso soybean farm prices may accelerate forward sale
A deprecating currency and firmer premiums have pushed soybean farm prices in Mato Grosso above the total cost of production, which may see a further increase in forward selling.
US plantings kick into gear, but fall short of expectations
US plantings have seen a substantial week-on-week increase as a spell of dry weather and warmer ground temperatures fired plantings across corn, spring wheat and soybeans,: USDA.
Paraguayan soy exports to Argentina to double on drought: USDA
Exports of soybean from Paraguay are expected to be 6.1 million mt in 2018, according to USDA figures, up 200,000 mt on a previous estimate on the expectation of aggressive buying in Argentina.
Mustard oil softens on subdued local demand
In restricted activities, mustard oil prices drifted lower by Rs 50 per quintal owing to sluggish local demand. However, other edible and non-edible oils moved in a narrow range in scattered deals and settled around overnight levels. Sluggish local demand against ample stocks position, mainly weighed on mustard oil prices.