Lasalgaon onion flat as supply down, demand sluggish.
Ram Gopal Yadav (6 years ago)

Prices of onion were steady in Lasalgaon, a key market in Maharashtra, as subdued demand from stockists offset gains from a fall in arrivals. In Lasalgaon, arrivals were pegged at 400 trucks, each carrying 15-20 tn of onion, down 50 trucks. Prices of onion were stable at 850-913 rupees per 100 kg.

Maharashtra sees tur crop halving to 1 mln tn 2017-18.
Ram Gopal Yadav (6 years ago)

Tur output in Maharashtra is estimated to nearly halve to 1.1 mln tn in 2017-18. Tur output in Maharashtra is estimated to nearly halve to 1.1 mln tn in 2017-18. Production of soybean is also pegged lower because of sufficient inventories and lower exports of the meal. Soybean output is estimated to fall 15.2% on year to 3.9 mln tn. Chana output in the state is estimated to fall to 1.8 mln tn, down 8.1% on year.

NCDEX chana up as govt restricts peas imports.
Ram Gopal Yadav (6 years ago)

Futures contracts of chana erased earlier losses and rose slightly on NCDEX as the government restricted import of peas. September contract chana on NCDEX was up 9 rupees at 3,900 rupees per 100 kg. Peas are largely used as substitute for chana. The chana contract had hit a seven-week low of 3,754 rupees. The government had lifted the 100,000-tn import cap on peas that was in place till Sep 30, following the order of Madras High Court. Chana prices in Delhi were up 50 rupees at 4,225 rupees per 100 kg, Vikas Gupta, local pulses trader said adding that if NAFED sells chana below 4,000 rupees it will create selling pressure.

Barley up in Jaipur on demand from poultry sector.
Ram Gopal Yadav (6 years ago)

Despite concerns over quality, barley prices were up in Jaipur because of strong demand from poultry feed sector. Very low supplies in the market and demand from stockists also supported the grain. Prices are likely to rise further as stocks held by farmers are nearly over and new crop arrivals are likely to commence only from March.

ICRA says rice sales to China may support India’s ailing export mkt.
Ram Gopal Yadav (6 years ago)

China’s interest in buying non-basmati rice from India is likely to lend some support to the export industry. In June, China had allowed the import of rice from 19 mills in India. This followed a trade delegation from India visiting China to explore export opportunities for rice, sugar, and soy products to the country. A substantial increase in support price by the Centre in July, and a hike in duty for import of non-basmati rice by Bangladesh to 28% from 2% effective June, are expected to have negatively affected exports of the food grain.

Punjab 2018 kharif rice crop seen 13.4 mln tn, up 10%
Ram Gopal Yadav (6 years ago)

Punjab’s output of rice in 2018-19 (Jul-Jun) kharif season is likely to rise 10% on year to 13.36 mln tn due to a rise in acreage and yield. Punjab is a major rice producing state. Cotton output in the state during the season is seen falling 18% on year to 1.30 mln bales (1 bale = 170 kg). Maize output is seen down 14% on year at 450,000 tn.The state has pegged total food grain output at 13.82 mln tn, compared with 12.69 mln tn last year. Total output of oilseeds is seen at 5,400 tn, against 5,600 tn the previous year.