NAFED to sell tur, urad via NCDEX e-Mkts.

The National Agricultural Cooperative Marketing Federation of India has offered to sell 10,585.41 tn of tur and 3,983.59 tn of urad through NCDEX e-Markets. The pulses are stocked at various central and state godowns in Tamil Nadu, Telangana, Karnataka, Uttar Pradesh, Madhya Pradesh, Andhra Pradesh, and Maharashtra.

NCDEX barley up on demand from poultry feed sector.

Futures contracts of barley were up on the NCDEX, owing to improved demand from the poultry feed sector and domestic stockists. On NCDEX, the most active August contract was at 1,610 rupees per 100 kg, up 0.41%. Limited supplies in the benchmark spot market of Jaipur also supported contracts on the NCDEX. Talks of import of the grain from Argentina and sluggish demand from malt industries following concerns over quality of domestic stocks, however, capped gains in prices.

Jaipur barley up on bargain buying post 2-wk low.

Prices of barley rose in Jaipur due to bargain buying by domestic stockists after prices hit a two-week low of 1,340 rupees per 100 kg. In the benchmark market, Jaipur, barley was sold for 1,370 rupees per 100 kg, up 30 rupees. A fall in arrivals and improved demand from poultry feed sector also supported prices of the grain. Sluggish demand from malt makers, however, capped the gain in prices.

USDA arm sees 2018-19 Kazakhstan wheat output down at 14 mln tn.

The US Department of Agricultures Foreign Agricultural Services has estimated Kazakhstans wheat production in 2018-19 (Sep-Aug) at 14 mln tn, down 800,000 tn from a year ago due to a fall in acreage. Kazakhstans government policy on crop diversification, and the unusually cold weather in June weighed on sowing of wheat crop in the country. The weather was mostly cold and windy in early June, which had hit sowing of wheat and germination of seed. The agency has pegged Kazakhstans wheat exports in 2018-19 at 8.0 mln tn, 500,000 tn down from last year because of lower output projection. The countrys consumption of wheat for food, seed and industrial purpose is expected to remain unchanged at 4.8 mln tn in 2018-19. As on May 1, Kazakhstan had 7.9 mln tn stock of wheat, 2% higher from the same period last year.