European Union stepping up wheat imports from Kazakhstan
India wheat output likely to be lower by 2% to 96.1mt in 2017-18; says sources.
India wheat output likely to be lower by 2% to 96.1mt in 2017-18; says sources.
Philippines Q1 rice output up 5.7% to 4.67 MMT.
Philippines Q1 rice output up 5.7% to 4.67 MMT.
US gives safety approval to China genetically modified rice strain.
US gives safety approval to China genetically modified rice strain.
Bayer launches new pest tolerant rice hybrid seed Arize AZ 8433 DT.
Bayer launches new pest tolerant rice hybrid seed Arize AZ 8433 DT.
Andhra Pradesh CM directs officials to provide MSP for paddy.
Andhra Pradesh CM directs officials to provide MSP for paddy.
EU approved a plan to ban the use of palm oil in biofuel production
The EU law makers approved a plan for reforming the energy market in order to reduce energy consumption and prevent climate change. The plan includes a ban on the use of palm oil in transport fuel production from 2021.
Ukraine’s rapeseed market looking to the new season with optimism
Rapeseed is now becoming once again a topical subject for the oilseed sector of agriculture. Remarkably, this involves not only forecasts for the next season 2018/19, but also expectations about the results of the current marketing year. Seemingly, the most active part of MY 2017/18 for the rapeseed market is already over and its final results can be stated with high probability, but the current season’s trends make us adjust the supply and demand balance for this oilseed. The brisk pace of rapeseed exports seen in the first half of MY 2017/18 suggests that Ukraine will ship abroad up 1045 KMT from MY 2016/17. So, it is going to hit a four-year high.
CBOT soybean down on profit booking post 6-wk high
The March contract of soybean on CBOT fell as investors booked profits after prices hit an over six-week high of $9.8875 per bushel. The most-active March contract of soybean on the Chicago bourse was at $9.8475 per bushel, down 0.2% from the previous close. Prices of soybean on CBOT rose for the last eight trading days due to concerns over prevailing dry weather in Argentina.
Rabi crops to gain as cold wave slated to continue for two days
The rain spell on Tuesday over the northern plains leading to drop in temperatures and cold weather conditions would benefit standing rabi crop, especially wheat, gram and mustard. The weather office has forecast cold wave conditions to continue over Punjab, Haryana, west UP and north Rajasthan for the next two days. It is especially beneficial for wheat, gram, mustard and other rabi crops.Overall the acreage is down for oilseed, but if the rains in January and February are good then we can make up in yields. Mustard requires 2-3 spells of rain and the current spell will be beneficial
India coffee exports during Jan 1 – Jan 19.
India coffee exports during Jan 1 – Jan 19.
Ajooni Biotech’s cotton seed cake unit to start production on Feb 1.
Ajooni Biotech’s cotton seed cake unit to start production on Feb 1.
Decline in wheat production will not affect food prices
Decline in wheat production will not affect food prices
Wheat prices fall in Delhi as harvest season nears.
Wheat prices fall in Delhi as harvest season nears.
CBOT wheat up nearly 1% on bargain buying.
CBOT wheat up nearly 1% on bargain buying.
US corn inspected for export up 13.6% on week, down 32.2% on year
US corn inspected for export up 13.6% on week, down 32.2% on year
Telangana extends maize procurement till 25 Jan; buys 292,400 tn so far.
Telangana extends maize procurement till 25 Jan; buys 292,400 tn so far.
Zambia drought could slash 2018 maize output by around 50%.
Zambia drought could slash 2018 maize output by around 50%.
Indonesia can only import 346,000 tons of rice.
Indonesia can only import 346,000 tons of rice.
India asks Germany to help relax new EU rice import rule.
India asks Germany to help relax new EU rice import rule.