International wheat Trade Update

South Korea purchase 60,000 MT and Jordan buying 60,000 MT from CHS, while the Philippines bought 55,000 MT of Australian wheat.Jordan’s purchase of 60,000 tons of milling wheat came after three failed attempts, and was bought […]

Recent rain in Australia respite the wheat crop.

Recent showers and a variable temperature pattern will favor reproductive to filling winter wheat in western and southeast Australia. Drought has impacted winter wheat prospects in northern New South Wales and southern Queensland during this season. […]

State govt declares 206 blocks in 23 districts drought-hit

Bihar government declared 206 blocks in 23 districts as drought-hit. The drought hit districts are Patna, Bhojpur, Buxar, Gaya, Nawada, Aurangabad, Saran, Siwan, Gopalganj, Vaishali, Muzaffarpur, Darbhanga, Madhubani, Samastipur, Sheikhpura, Jamui, Banka, Bhagalpur, Nalanda, Saharsa, Munger, […]

India Spot prices maize steady.

Price of maize in key wholesale markets of Purnea and Davangere remained largely unchanged. In Purnea, the key market for maize in Bihar, the coarse grain was sold at around 1,400 rupees per 100 kg, largely […]

South Korea’s NOFI seeks about 60,000 T feed wheat.

South Korea’s largest feedmaker Nonghyup Feed Inc. (NOFI) has issued an international tender to purchase about 60,000 tonnes of animal feed wheat to be sourced from optional origins. Price offers were sought for two possible shipment […]

Paris wheat hits six-week high, then falls back.

Paris wheat futures fell in the face of technical resistance after earlier hitting a six-week high, with weak near-term export demand for EU wheat capping prices. December milling wheat on the Paris-based Euronext exchange was down […]

USDA crop progress: Corn harvest inches forward.

The latest USDA crop progress report shows relatively slow corn harvest progress after plentiful rain and snow fell across the central U.S. this past week. The 2018 U.S. corn harvest reached 39% complete last week, up […]

India Soybean ends over 1% higher on weak supply.

The November contract of soybean settled 1.4% higher on National Commodity and Derivatives Exchange due to subdued arrivals in the wholesale markets. Arrivals of soybean in the country were estimated at 500,000 bags (1 bag = […]

India NCDEX maize up on good demand.

Futures contracts of maize on the NCDEX ended higher due to improved buying from poultry sector and less availability of good quality stock in wholesale markets. November delivery industrial maize contract on the NCDEX ended at […]