The two major events in 2023 that market players will remember for a very long time are the country’s largest commodity exchange, MCX, switching to new software, and the one-year extension of the prohibition on trading […]
Chana/ Gram Sowing Progress hovers below 5-year average sowing
As per recent release (as on 29th Dec 2023), the Department of Agriculture and Farmers Welfare states that Chana sowing is down by 8.3% to 9704.6 thousand ha. from 10579.7 thousand ha. at the same corresponding […]
The stock of rice and wheat in FCI exceeds the buffer norm.
The government-owned Food Corporation of India (FCI) will keep selling rice and wheat on the open market since it possesses more of both grains than is needed in accordance with the buffer rule. However, based on […]