India kharif area at 85.5 mln ha, down 1.7% on year.

According to the data, paddy, a major kharif crop, was sown across 26.3 mln ha, down from 27.4 mln ha a year ago. Subdued rains and delay in arrival of the monsoon in some states have hit sowing in a few regions this year. In the ongoing southwest monsoon season so far, the country has received 442.3 mm of rainfall, against the normal weighted average of 481.3 mm for the period.

NCDEX chana down on weak demand from dal millers.

Futures contracts of chana hit the 3% lower circuit on the NCDEX, owing to subdued demand from dal millers and domestic stockists. Futures contracts of chana hit the 3% lower circuit on the NCDEX, owing to subdued demand from dal millers and domestic stockists. The most active August contract was at 4,100 rupees per 100 kg, down 140 rupees. Fall in chana prices in key spot markets due to rise in arrivals also weighed on chana contract.

Jaipur barley up on demand from domestic stockists.

Prices of barley rose in Jaipur owing to renewed demand from domestic stockists after a recent fall in prices. In the benchmark market, Jaipur, barley was sold for 1,390 rupees per 100 kg, up 20 rupees. Limited arrivals of the grain and demand from poultry feed sector, despite a concern over quality of domestic stocks, also supported prices. However, the overall sentiment remained bearish as demand from malt makers, the key buyers of the grain, remains subdued. Talks of import of barley are also seen capping gains in prices.