Brazil’s Trade Ministry reported October corn exports at 3.201 MMT, up from 3.424 MMT in September but down vs. 5.028 MMT in the year-ago month
US corn crop cuts by forecasters
Informa Economics cut its US corn yield forecast by 2.4 bu to 179.7 bushels per acre (bpa), which results in a US corn crop estimate of 14.698 billion bu for 2018 FCStone lowered its forecast this […]
Global wheat 2018 Production down to 723 MMT
FAO raised its forecast of global wheat production in 2018 to 727.9 MMT from 722.4 MMT projected in Oct (760.4 MMT in 2017), on reported bigger harvests in China along with a number of other countries […]
Wheat Planting 69% Vs 75% last year
FranceAgriMer estimated winter wheat planting 69% done as of October 28, behind of last year’s pace of 75%
Saudi Arabia buys 1.02 mln T of feed barley in big sale by Glencore-Reuters
Saudi Arabia, the world’s largest feed barley buyer, bought 1.02 million tonnes of the grain in an international tender, of which Glencore sold all but one cargo. The barley was purchased at an average price of […]
India Edible Oil: Most down; NCDEX soybean gains tracking CBOT
Futures contracts of most components of the edible oils basket, barring soybean, fell on the domestic exchanges on Friday. Soybean futures on National Commodity and Derivatives Exchange settled 0.4% higher in line with gains key contracts on Chicago Board […]
MP’s Bhawantar scheme for crops fails to bridge MSP-wholesale rates gap
Is the Madhya Pradesh government’s much-discussed Bhawantar Bhugtan Yojana (Price Deficiency Payment Scheme) showing signs of stabilising? Unlike in 2017, the open market wholesale rates for soybean and maize, two crops incorporated into the scheme, haven’t seen a big decline […]
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