Prices of mustard seed rose in Jaipur, the benchmark market, due to improved demand from domestic oil millers and crushers. A fall in arrivals also supported the prices. Production of the oilseed in the country has been pegged lower in 2017-18 (Jul-Jun), which is creating bullish sentiment in the market.
Wheat prices flat in spot mkts, marginally down on NCDEX.
Wheat prices flat in spot mkts, marginally down on NCDEX.
Madhya Pradesh extends rabi registration for price-deficit scheme.
Madhya Pradesh extends rabi registration for price-deficit scheme.
Egypt’s GASC seeks wheat for April 5-15 shipment.
Egypt’s GASC seeks wheat for April 5-15 shipment.
Wheat rally sees GASC paying 3% more for April cargoes
Wheat rally sees GASC paying 3% more for April cargoes
USDA winter wheat conditions show only limited improvement.
USDA winter wheat conditions show only limited improvement.
India govt cuts export obligation period for maize to 3 months.
India govt cuts export obligation period for maize to 3 months.
Argentina approves GMO varieties for corn and soybeans.
Argentina approves GMO varieties for corn and soybeans.
Feed buyers mull switch as Ukraine’s corn price butts against wheat.
Feed buyers mull switch as Ukraine’s corn price butts against wheat.
Myanmar state counselor calls for efforts for regaining top rice exporting country status.
Myanmar state counselor calls for efforts for regaining top rice exporting country status.
Vietnam expects to export 6.5 MMT of rice in 2018
Vietnam expects to export 6.5 MMT of rice in 2018
India rice basmati rises on uptick in demand.
India rice basmati rises on uptick in demand.
West Bengal keen to promote premium quality rice, says Minister.
West Bengal keen to promote premium quality rice, says Minister.
Sugar prices down in north on higher output view
Sugar prices down in north on higher output view
Sugarcane price arrears to farmers at nearly Rs 14000 crore as on Jan.
Sugarcane price arrears to farmers at nearly Rs 14000 crore as on Jan.
UP sugarcane arrears breach Rs 50-bn mark over low sugar prices.
UP sugarcane arrears breach Rs 50-bn mark over low sugar prices.
Sugar cess a partial solution: Will protect mills/farmers, but need reforms in Uttar Pradesh etc.
Sugar cess a partial solution: Will protect mills/farmers, but need reforms in Uttar Pradesh etc.
Mustard seed up in Jaipur on lower output view.
Prices of mustard seed rose in Jaipur, the benchmark market, as production of the oilseed in the country has been pegged lower in 2017-18 (Jul-Jun). A fall in arrivals also supported prices of mustard seed.
Soybean down in Indore on sluggish demand, CBOT cues
Soybean prices in Indore fell because demand was sluggish as prices have risen after the government raised import duty on palm oil and refined bleached deodorized palmolein. Weakness in soybean contracts on CBOT also weighed on domestic prices. The most-active April contract on NCDEX was down 35 rupees.
Indonesia to retaliate against India’s high palm oil import duty
Indonesia will impose higher import duties on several Indian products in retaliation to the latter’s high import duty on palm oil. Starting Mar 1, India raised import duties on crude palm oil and refined, bleached and deodorised palmolein to 44% and 54%, respectively, from 30% and 40% previously. Indonesia’s Coordinating Ministry for Economic Affairs, other related ministries and the palm oil industry have been discussing the possible response to India’s move.